SEDCO Holding celebrated its 50th anniversary during a special event held on May 19, 2026, in Jeddah under the theme “Shared Horizons.” The event brought together the company’s leadership, partners, and employees to celebrate a remarkable journey that began in 1976 and has shaped the company’s legacy across five decades.
The celebration reflected SEDCO Holding’s ongoing commitment to building prosperity through responsible investment, strong values, and a long-term vision that continues to drive economic and social impact.
In his speech, Executive Chairman Yaser Binmahfouz highlighted the importance of preserving the company’s founding values while continuing to adapt to future opportunities and challenges. He emphasized that SEDCO Holding’s success has always been built on trust, integrity, and a commitment to creating sustainable impact. He stated: “For fifty years, SEDCO Holding has continued to grow with a clear vision and strong values that remain at the heart of everything we do. As we look ahead, we remain committed to investing responsibly, empowering people, and contributing to a more sustainable future.”
The event featured a showcase of the company’s key milestones and achievements throughout the years, highlighting the transformations and growth that have shaped its journey and reinforced its position over time.
Employees celebrated the company’s enduring legacy and reflected on the moments that contributed to shaping its identity and culture, in an atmosphere filled with pride and appreciation for the company’s history and accomplishments.
This milestone reaffirms SEDCO Holding’s commitment to continuing its journey toward a prosperous future for generations to come, guided by a strong legacy and a long-term vision focused on investing in promising opportunities, developing human capital, and creating sustainable value aligned with the Kingdom’s aspirations and future vision.
The celebration concluded with a series of interactive experiences and activities designed for employees, allowing them to revisit memorable moments from SEDCO Holding’s fifty-year journey in an atmosphere that reflected a strong sense of prosperity and optimism for the future.
