HH Sultan bin Mohammed bin Saud Al Kabeer | Gulf Business

HH Sultan bin Mohammed bin Saud Al Kabeer

A slowdown in the region’s consumer goods market, as well as the implementation of 5 per cent value added tax have provided several challenges for Almarai, but the company and its chairman HH Sultan bin Mohammed bin Saud Al Kabeer have stood firm despite the testing times. The firm’s 2 per cent drop in net…

A slowdown in the region’s consumer goods market, as well as the implementation of 5 per cent value added tax have provided several challenges for Almarai, but the company and its chairman HH Sultan bin Mohammed bin Saud Al Kabeer have stood firm despite the testing times. The firm’s 2 per cent drop in net profit doesn’t do much to tarnish the reputation of the world’s largest integrated dairy foods company, and less so that of Al Kabeer, whose royal blood, estimated $3.8bn net worth, and membership of numerous firm’s boards continues to give him a high degree of power.

Co-founder and chairman, Almarai

Origin:KSA

Residence:KSA

Sector:FMCG

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