Prepared by Dr. Wadah Al-Saeed
Dr. Wadah Al-Saeed
Today in the world of adults, we host one of the prominent men in the world of finance and business in the Kingdom of Saudi Arabia, Prince Sultan bin Mohammed bin Saud Al-Kabir, one of the most famous businessmen in the Kingdom of Saudi Arabia, born in 1954 AD, is Prince Sultan bin Mohammed bin Saud bin Abdulaziz bin Saud bin Saud bin Saud bin Faisal bin Faisal bin Turki bin Abdullah bin Mohammed bin Saud bin Muqrin Al-Muqrin. He graduated from King Saud University with a bachelor's degree in economics and political science in 1392 AH and is known as the founder of the famous Almarai Company. His paternal grandmother is Princess Noura bint Abdulrahman bin Faisal Al Saud, sister of King Abdulaziz Al Saud, the first king of Saudi Arabia His father is Prince Mohammed bin Saud the Great and Prince Sultan was recently ranked by Forbes among the wealthiest Arabs.
.
His investments include the food industry, energy, telecommunications, banking, chairman of the Arab Federation of Cement Industries and the Mashreq Trading and Contracting Company. He is also a board member of Arasco and Al-Farabi Chemicals Limited. He is also a founding member of Kingdom Schools, a member of the Board of Trustees of the King Abdulaziz and Men of Talent Foundation, a member of the Equestrian Club Council and the Alumni Committee of the Capital Model Institute, and Chairman of Almarai Dairy Products Company, which he founded in 1977, which became one of the largest companies in the Arab world. Prince Sultan converted it into a public company in 2005, and in 2012 the company announced a net income of 384 million riyals on total revenues of 2.6 billion dollars. In 2011, Almarai purchased an Argentinian agricultural company that produces barley, corn and wheat to feed its livestock. According to Breeders" Cup, Sultan also owns a racehorse farm outside Riyadh, where about 100 horses are trained and is considered one of the largest farms in Saudi Arabia. Prince Sultan also owns about 8 percent of Yamama Cement and 14 percent of Arabian Shield Insurance Company. Prince Sultan owns about 8 percent of Yamama Cement and 14 percent of Arabian Shield Insurance Company.
Almarai is heavily involved in supporting social responsibility in the Kingdom
Almarai is heavily involved in supporting social responsibility in the Kingdom.
Sawaed Al Ghad includes a number of initiatives including: The Technical Institute for Dairy and Food, which Almarai established with an investment of more than 22 million riyals in cooperation with the Technical and Vocational Training Corporation in Al Kharj to provide Saudi youth from high school graduates with the technical skills needed to work in different sectors of the food industry, and the company employs graduates of the institute as part of the program. Supporting the training and employment of young Saudis.
Sawaed Al Ghad also includes the Future Managers Program, which accepts young Saudis fresh out of university to be trained and qualified on the job to assume managerial roles in various sectors of Almarai.
In the same context, Almarai also launched the Almarai Sales Academy, which specializes in training Saudis in sales skills and preparing them to work professionally in this sector, and the academy grants accredited certificates in cooperation with international training institutes in this field. Almarai also launched the Almarai Sales Academy, which specializes in training Saudis in sales skills.
Almarai had polled the general public to choose the social aspects that the company should support in its social responsibility programs, with the highest percentage of votes in favor of training and employment of Saudi youth.








