Financial Investments
Financial Investments Companies
SAB
Al Muhaidib Group is a shareholder of SAB, formerly the Saudi Awwal Bank, an associated company of global leader HSBC Group. AMG Founder, Abdulkadir Al Muhaidib, was one of the Bank’s founding members and was instrumental in bringing the Saudi Awwal Bank to the Kingdom. Today, SAB is a leading provider of banking, insurance, and assets management services in Saudi Arabia.
Stone Residence
Al Muhaidib Group has invested in Stone Residence, a residential compound in Cairo, Egypt that is strategically located at the entrance of “New Cairo”, within a 10-minute drive to Maadi and the American University Cairo (AUC) campus and 20 minutes from the Cairo International Airport.
Seedra Ventures
Seedra Ventures is an early-stage venture capital firm located in Riyadh and focused on cultivating disruptive innovations and trends across the region. Al Muhaidib Group owns a stake in Seedra Ventures and is also an investor in their funds.
Synthomer Middle East Company
Synthomer Middle East Company (Synthomer) is a Saudi limited liability company engaged in the manufacture and supply of emulsion polymers for use in the production of paints, adhesives and construction admixtures. Established in 1998, the Company is 51% owned by DCIM, a Private Limited Company based in Dammam, Saudi Arabia.
The Egyptian Company for Propylene and Polypropylene Production “EPPC”
Al Muhaidib Group owns an indirect stake in The Egyptian Company for Propylene and Polypropylene Production (EPPC), a company which produces around 300,000 tons of propylene and polypropylene per year.
Pioneer Properties for Urban Development (PRDC)
Pioneer is a conceptual leader of integrated modern housing in Egypt. With projects spanning the nation, the company addresses both residential and commercial requirements. Its goal is to provide the best real estate projects at competitive rates, ensuring satisfaction for its clients.
Gadwa for Industrial Development (GDWA)
Gadwa is a leading industrial development and investment company in Egypt, with four primary sectors that operate both locally and internationally, FMCG, Packaging, Wires and Cables, and Pharmaceuticals.
Mansour Bank
Mansour Bank (MBI) launched operations in Iraq, in early 2006 with a capital of 55 billion IQD; which has been gradually increased to 250 Billion IQD, in addition to solid assets and provisions. MBI is a subsidy of the Qatar National Bank Group – the largest financial institution in the Middle East and Africa region; with a 54% ownership of the bank.
Saudi National Bank
Saudi National Bank was formed by bringing together two of Saudi Arabia’s biggest financial powerhouses, NCB and Samba. Our goal is to propel the nation’s progress towards Vision 2030 and beyond by spearheading technological innovation, encouraging progressive thinking, and using our expertise to provide the best opportunities for our people and the economy.