SEDCO – Saudi Economic and Development Company

SEDCO – Saudi Economic and Development Company – was 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. SEDCO Holding was established as the overall parent company, responsible for all wholly-owned subsidiaries and for overseeing partnership holdings in associate companies. In 2010 SEDCO Capital was created from the Financial Investment Group after being licensed by the Capital Market Authority (CMA) to offer a range of wealth and asset management services to third-party investors. The Real Estate Group was reorganized into SEDCO Development, Elaf Group, and Eimar Arabia. Boards were appointed for the various companies – each taking a principal role in the added-value process and reflecting the Company’s response to market changes. Today, SEDCO has successfully bridged the old and the new, building on a heritage foundation of vision, hard work, and integrity to create a multi-national and multi-faceted group that has rightfully earned its place as a business entity of global status.
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Contact Information
SEDCO Offices South Tower of the Red Sea Mall, Murjan District, King Abdulaziz (Malik) Road, Jeddah, Saudi Arabia P.O. Box 4384 Jeddah 21491, Saudi Arabia
Phone: 966-12-6906666
Fax: 966-12-2151590
Company Email:
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