About Us

Unlimited growth

As SEDCO Holding marks 47 years of success as a world-class private wealth manager and institutional investor, it also reflects on its rich history and the early efforts of its founders. Today, the SEDCO Holding brand carries a strong market reputation due to its high standards of corporate governance and excellence in operations. The Group is considered a best in class partner for new businesses, and catalyzes success in industry sectors key to national prosperity. Our success today owes a debt to the efforts of one man – our founder Sheikh Salem Bin Mahfouz. SEDCO – Saudi Economic and Development Company – was first founded in 1976 by the late Sheikh Salem Bin Mahfouz, growing from a small trading and construction contracting business in Jeddah to become one of Saudi Arabia’s largest conglomerates and a global force in Shariah-compliant private wealth management. The scale and diversity of SEDCO’s operations grew apace through its formative years as the company focused on long-term investments and trade opportunities. The company evolved into a pioneering global corporation, diversifying steadily into virtually every asset class available to private and institutional investors. As SEDCO Holding crosses the 40-year mark, it does so as a truly global company – one that has successfully made the transition to a leading, well-governed and world-class international holding group.