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Saudi Economic & Development Company Overview
Type
Family Office - Multi
Year Founded
1976
General Information
Saudi Economic & Development Company is a multi-family office headquartered in Jeddah, Saudi Arabia. Founded in 1976 by the late Sheikh Salem Bin Mahfouz, the firm originated from the family’s trading, construction and banking fortunes, notably National Commercial Bank. It manages Shariah-compliant capital for several Gulf families, deploying long-term investments across real estate, healthcare, education, logistics and private equity worldwide—allocating patient growth capital.
Contact Information
Institution Type:
Family Office - Multi
Primary Contact:
Title:
Email:
Corporate Office:
Jeddah, Saudi Arabia
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