Top 100 Arabs 2024

23. HH Prince Naif bin Sultan bin Mohammed bin Saud Al Kabeer 

Chairman, Almarai

Origin: Saudi Arabia

Residence: Saudi Arabia

Sector: FMCG

2023 Rank: 23

Prince Naif bin Sultan bin Mohammed bin Saud Al Kabee as chairman of Almarai, has been instrumental in driving the company’s remarkable growth and success in the food and beverage industry.

Under his leadership, Saudi-based Almarai reported a 16 per cent year-on-year increase in net profit to SAR2.04bn in 2023, compared to SAR1.75bn in 2022.

Ranked fourth among the world’s most valuable dairy companies by Brand Finance in 2023, Almarai boasts a market value of SAR64bn on the Saudi Exchange.

Operating across nine countries on five continents, Almarai is the world’s largest vertically integrated dairy company and the largest food and beverage producer and distributor in the Middle East.

Fahd Hamidaddin

Saeed Mohammed Al Ghamdi