Sultan Al-Saud
Founder at Middle East Food Solutions Co.
Net worth: 3 750 M $ as of 2024-03-30
Profile
Founder of 12 different companies, notably: Almarai Co. Ltd., Yamamah Saudi Cement Co. and RAK Petroleum PCL, Sultan Mohammed Saud Al-Saud is an entrepreneur and businessperson who has been at the helm of 9 different companies and holds the position of Chairman of Arab Union For Cement & Building Materials, Chairman at Arabian Shield Bahrain Co., Chairman at Arabian Union for Cement Industries, Chairman for Al Mashreq Commercial & Contracting Co. and Vice Chairman, President & Managing Director at Yamamah Saudi Cement Co. (which he founded in 1961). Mr. Al-Saud is also on the board of 8 other companies. In his past career he occupied the position of Chairman at Arabian Shield Cooperative Insurance Co., Chairman of Seera Holding Group, Chairman at Gulf Investments Co., Non-Executive Chairman at Almarai Co. Ltd. (he founded the company in 2011) and Member of Maahad Al Asima Institute. Mr. Al-Saud received an undergraduate degree from King Saud University.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
ALMARAI COMPANY
23.70% | 2024-02-20 | 236,960,000 ( 23.70% ) | 3 614 M $ | 2024-03-30 |
YAMAMAH SAUDI CEMENT CO.
5.66% | 2023-11-27 | 11,451,375 ( 5.66% ) | 103 M $ | 2024-03-30 |
| 2023-02-06 | 5,699,999 ( 8.93% ) | 33 M $ | 2024-03-30 |
Sultan Al-Saud active positions
| Companies | Position | Start |
|---|---|---|
| Arabian Shield Bahrain Co. | Chairman | 2010-07-06 |
| Al Mashreq Commercial & Contracting Co. | Chairman | 2010-07-06 |
Middle East Food Solutions Co.
 Middle East Food Solutions Co. Agricultural Commodities/MillingProcess Industries Middle East Food Solutions Co. produces and distributes food ingredients. The private company is based in Riyadh, Saudi Arabia. and has subsidiaries in Saudi Arabia. The Saudi Arabian company was founded by Sultan Mohammed Saud Al-Saud. | Founder | - |
| Equestrian Club Riyadh | Director/Board Member | 2010-07-06 |
| Model Institute of The Capital Schools | Director/Board Member | - |
| Projects & Technical Contracting Corp. | Director/Board Member | - |
| Arab Union For Cement & Building Materials | Chairman | - |
| King Abdul Aziz & His Companions Foundation For Giftedness | Director/Board Member | - |
| Al Farabey Chemical Co., Ltd. | Director/Board Member | - |
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Former positions of Sultan Al-Saud
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Training of Sultan Al-Saud
| King Saud University | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 5 |
|---|---|
| ALMARAI COMPANY | Consumer Non-Durables |
| YAMAMA SAUDI CEMENT COMPANY | Non-Energy Minerals |
| ARABIAN SHIELD COOPERATIVE INSURANCE COMPANY | Finance |
| SEERA HOLDING GROUP | Finance |
| MOBILE TELECOMMUNICATIONS COMPANY SAUDI ARABIA | Communications |
| Private companies | 22 |
|---|---|
RA Bahrain BSC
 RA Bahrain BSC Investment Banks/BrokersFinance Arcapita Bank BSC provides corporate, real estate, and asset-based investment services. It invests in information technology, healthcare, retail, residential, energy, consumer, oil & gas, and transport companies. The company was founded in 1997 and is headquartered in Manama, Bahrain. | Finance |
RAK Petroleum PCL
 RAK Petroleum PCL Oil & Gas ProductionEnergy Minerals RAK Petroleum PCL explored and developed oil and gas fields. It is also engaged in the acquisition of oil and gas companies. The company was founded in 2005 and is headquartered in Dubai, United Arab Emirates. | Energy Minerals |
Middle East Food Solutions Co.
Middle East Food Solutions Co. Agricultural Commodities/MillingProcess Industries Middle East Food Solutions Co. produces and distributes food ingredients. The private company is based in Riyadh, Saudi Arabia. and has subsidiaries in Saudi Arabia. The Saudi Arabian company was founded by Sultan Mohammed Saud Al-Saud. | Process Industries |
Tatweer Infrastructure Co. QSPC
 Tatweer Infrastructure Co. QSPC Miscellaneous Commercial ServicesCommercial Services Tatweer Infrastructure Co. QSPC provides infrastructure development services. It engages in the development of infrastructure projects on build, operate, and transfer basis. The company was founded in March 2006 and is headquartered in Doha, Qatar. | Commercial Services |
Kuwaiti Jordanian Holding Co.
 Kuwaiti Jordanian Holding Co. Financial ConglomeratesFinance Kuwaiti Jordanian Holding Co. engages in the investment activities. The company was founded by Sultan Mohammed Saud Al-Saud and is headquartered in Amman, Jordan. | Finance |
First Education Co.
 First Education Co. Miscellaneous Commercial ServicesCommercial Services First Education Company engages in establishment and management of private universities, schools, institutes, and training centers. The company was founded in 2005 and is headquartered in Kuwait City, Kuwait. | Commercial Services |
Farabi Petrochemical Co. Ltd.
 Farabi Petrochemical Co. Ltd. Chemicals: SpecialtyProcess Industries Farabi Petrochemical Co. Ltd. engages in the manufacture of petrochemical products. It offers normal paraffin, linear alkyl benzene, heavy alkylate, and light and heavy white oils, laundry powders, dishwashing liquids, liquid household cleaners, agricultural herbicides, and wetting agent. The company was founded in 2002 and headquartered in Jubail, Saudi Arabia. | Process Industries |
Yemen Saudi Cement Co.
 Yemen Saudi Cement Co. HomebuildingConsumer Durables Yemen Saudi Cement Co. is a Yemeni company that manufactures building materials. The private company was founded by Sultan Mohammed Saud Al-Saud. | Consumer Durables |
| Arabian Shield Bahrain Co. | |
| Arabian Union for Cement Industries | |
| Al Mashreq Commercial & Contracting Co. | |
| Al Farabey Chemical Co., Ltd. | |
| Equestrian Club Riyadh | |
| Gulf Investments Co. | |
| Projects & Technical Contracting Corp. | |
| Kuwaiti-sudanese Co. | |
| International Business Corp. (Lebanon) | |
| Model Institute of The Capital Schools | |
| Arab Union For Cement & Building Materials | |
| King Abdul Aziz & His Companions Foundation For Giftedness | |
The Kingdom Schools Co. Ltd.
 The Kingdom Schools Co. Ltd. Other Consumer ServicesConsumer Services The Kingdom Schools Co. Ltd. owns and operates elementary, intermediate and high schools. The firm also operates a kindergarten for girls and boys in Riyadh. The company was founded in 2000 and is headquartered in Riyadh, Saudi Arabia. | Consumer Services |
| Albir Society In Riyadh |
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