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Family HoldingPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 11 SOURCES

SEDCO Holding

Jeddah investment company founded in 1976 investing its shareholders' capital in Saudi businesses (Nahdi, Jamjoom Pharma, Budget Saudi, Tamasuk) and real estate.

USEFUL FOR Fund managers raising capital · Business owners seeking a long-term partner · Co-investors

Family & background

HEADQUARTERS
Jeddah, Saudi Arabia
OFFICES
Riyadh, Saudi Arabia
FOUNDED
1976

Investment approach

SECTORS
HealthTechReal Estate & PropTechEducationMobility & LogisticsIndustrial & ManufacturingConsumer & E-commerce
GEOGRAPHY
Saudi Arabia
ROUTES
Companies (own capital) · Funds (as LP)
STRATEGIES
Direct investmentsPrivate equityPublic equitiesFunds (as LP)Real estate
LATEST DEAL
Tamasuk Holding Company (25% stake) · Oct 2025
INBOUND
Accepts submissions

Overview

SEDCO Holding (Saudi Economic and Development Company) was formed in 1976 and is headquartered in Jeddah with an office in Riyadh. It describes itself as a Shariah-compliant investor and a steward of its shareholders' resources; its 2022 LEAP strategy refocused it from operating roles to active financial investing in two pillars, domestic investment (private equity, public equity, fixed income, funds) and real estate. Holdings and past investments include Nahdi Medical Company (50% from 2003, partial IPO exit 2022), Jamjoom Pharma, Budget Saudi, Elaf hospitality, Red Sea Mall and a 25% stake in infrastructure developer Tamasuk (2025). It founded asset manager SEDCO Capital and reports being ranked among Forbes Middle East's top Arab family businesses.

Investment thesis

Shariah-compliant direct and indirect investments in Saudi priority sectors such as healthcare, logistics, education, hospitality and infrastructure, alongside a diversified real-estate portfolio.

Holdings & investments (10)

INVESTMENT ARMS & VEHICLES

  • SEDCO Capital
    Asset management company established by SEDCO

HOLDINGS & INVESTMENTS · MOST RECENT FIRST

  • Tamasuk Holding Company
    Industrial & Manufacturing · since 2025
  • United International Transportation Company (Budget Saudi)
    Mobility & Logistics · since 2024
  • Jamjoom Pharma
    HealthTech · since 2023
  • Nahdi Medical Company
    HealthTech · since 2003
  • Elaf Group
    Real Estate & PropTech · since 1996
  • SEDCO Capital
    Fintech
  • Yusr
    Education
  • Alshiaka
    Consumer & E-commerce
  • Red Sea Mall
    Real Estate & PropTech
  • Hotel Galleria
    Real Estate & PropTech

People

  • Yaser Binmahfouz
    Executive Chairman; Chairman, Executive and Investment Committee · source
  • Ossama A. Banaja
    Chief Direct Investments Officer · source
  • Ghazal Binmahfouz
    Vice Chair · source
  • Abdulraouf M. A. Mannaa
    Board Director · source
  • Sameer Baarma
    Board Director · source
  • Simon Palethorpe
    Board Director; Chairman, Nomination and Remuneration Committee · source
  • Zeyad bin Othman Alhekail
    Board Director · source
  • Badr Binmahfouz
    Board Director · source
  • Matthew Eyton-Jones
    Board Director; Chairman, Audit and Risk Committee · source
  • Rayyan Nagadi
    Chief Executive Officer · source
  • Sherif Selim
    Chief Real Estate Officer · source
  • Tharwat Amer
    Chief Financial Officer · source
  • Ahmed Youssef
    Chief of Staff · source

Frequently asked questions

SEDCO Holding is a family holding based in Jeddah, Saudi Arabia, founded in 1976.

SEDCO Holding invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes direct investments, private equity, public equities, funds (as lp) and real estate.

SEDCO Holding invests in HealthTech, Real Estate & PropTech, Education, Mobility & Logistics, Industrial & Manufacturing and Consumer & E-commerce.

Key people at SEDCO Holding include Yaser Binmahfouz (Executive Chairman; Chairman, Executive and Investment Committee), Ghazal Binmahfouz (Vice Chair), Abdulraouf M. A. Mannaa (Board Director) and Sameer Baarma (Board Director).

SEDCO Holding's holdings and investments include Tamasuk Holding Company, United International Transportation Company (Budget Saudi), Jamjoom Pharma, Nahdi Medical Company, Elaf Group, SEDCO Capital, Yusr and Alshiaka, among others.

The most recent publicly reported investment by SEDCO Holding is Tamasuk Holding Company (25% stake), announced in Oct 2025.

SEDCO Holding states that it accepts submissions through its official contact page.