SAUDI ECONOMIC AND DEVELOPMENT HOLDING CO
Business Summary
Saudi Economic and Development Co (SEDCO) is a Saudi Arabia-based private wealth management company. The company conducts its business according to Islamic guidelines (Sharia). It manages diversified activities including real estate investments, investments equities. Saudi Economic and Development Co Ltd is divided into groups including Real Estate investment that manages investments in properties; Financial Investments that operates in Islamic funds and equity investments; and Direct Investments Group (DIG) which is dedicated to managing the Company’s private equity investments in the Middle East and North Africa (MENA) Region. The company operates through its subsidiaries including: Arabian Entertainment Company Limited (AECL), Autoworld (Al Jazira Equipment Company), Eimar Arabia and Elaf Travel, Tourism & Hotels Companies.
Country of Incorporation
Saudi Arabia
Incorporation Date
1976-01-01
Business Sector
Consumer Goods Conglomerates
Company Address
South Tower of the Red Sea Mall, King Abdulaziz (Malik) Road, P.O.Box 4384 Murjan District
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- Ownership details
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