Early Life
Essam Al Muhaidib was born on January 10, 1959, and is a Saudi Arabian citizen. He earned a Bachelor of Science degree from King Saud University. His journey began with the family business, Al Muhaidib Group, founded in 1943 by his father, Abdulkadir Al Muhaidib.
Rise to Success
Essam Al Muhaidib's career has been marked by his leadership within the Al Muhaidib Group. He currently serves as the CEO, overseeing the group's investments across various sectors including food & consumer, industrial & infrastructure, real estate and financial investments. The Al Muhaidib Group has grown to become one of the largest conglomerates in Saudi Arabia. Essam and his brothers, Emad and Sulaiman, took over after their father's death in 1996. The group holds investments in at least 16 publicly traded companies in Saudi Arabia and Egypt.
Key Business Strategies
Essam Al Muhaidib's leadership style emphasizes strategic planning, diversification, and a deep understanding of local and international markets. Under his guidance, Al Muhaidib Group has expanded its portfolio and cemented its position in the Kingdom's economic landscape. Al Muhaidib Group's focus is on sectors like Food & Consumer, Industrial & Infrastructure, Real Estate, and Financial Investment. In October 2024, the group launched a renewable energy venture named “SAMANA”.
Philanthropy
Al Muhaidib is also involved in social development, particularly in education and healthcare. He serves on the boards of educational and charitable institutions.
