A Collaborative Research Project between New York University Abu Dhabi & Tharawat Family Business Forum

The 60-Year Journey of the Almajdouie Group

Feb 14, 2021 | Past Events

Abstract

Family Business Histories publications consist of a series of case studies which explore the historical evolution of selected leading family businesses in the MENASA region.

The historical narratives shed a light on the businesses’ multi-generational quest for longevity in spite of internal and contextual challenges.

​In this webinar, we presented the second case study in the series, conducted with Almajdouie Group. Founded in 1965 by Ali Ibrahim Almajdouie, Almajdouie Holding started out as a land transportation company in Saudi Arabia’s Eastern Province and has grown to incorporate multiple business lines in various industries alongside logistics.

Headquartered in Dammam, the Group has over 5,000 employees in Saudi Arabia and associate offices across North America, Europe, the Far East, Middle East, and Africa. Today, five of the founder’s children occupy executive roles in the family business and members of the third generation have recently begun to join the group.

Program

Introduction

Family Business Histories in the MENASA Region

Farida El-Agamy
Martin Klimke

Presentation

The Almajdouie Group

Abdullah Almajdouie
Vice-Chairman, Almajdouie Group

Panel Discussion

Conversation with Abdullah Almajdouie

Farida El-Agamy
Martin Klimke