Savola Group – the company was founded in the year 1979, and currently it has grown into one of the top conglomerates that we can find in the Middle East. Savola Group is headquartered in Saudi Arabia. The company provides a wide range of items such as food, retail, and plastics.
Savola Group has now become a household name and a very important body in the regional economy. Savola Group began its journey along with the point of view of its founder, Dr. Abdulrahman Alireza, who saw great potential in the food and retail field.
The company started with the production of edible oils, and very soon the business gradually expanded its operations into different sectors, thus becoming the first company to introduce mass production of affordable food products to the Middle East.
Real questions and answers about the Savola Group – the Saudi supermarket company
| Feature – Definition | Full details |
|---|---|
| Who is the founder of Savola Group? | Abdulkadir Al Muhaidib |
| In what year was Savola Group established? | Founded in the year 1979, 10 January. |
| Where is Savola Group located? | Jeddah, Saudi Arabia. |
| Who is the CEO of Savola Group? | Waleed Khalid Fatani since the year 2021 January 1st. |
| Is Savola Group an Islamic company? | Yes, Savola Group is an Islamic company. |
| What is the full name of Savola Group? | The Savola Group Company. |
| What is the main product of Savola Group? | Edible Oils |
| How many employees does Savola Group have? | Employs around 17,500 people. |
| What is the market value of Savola Group? | $7.34 billion USD, or 27.21 billion SAR. |
| Is Savola Group a private company? | It is a publicly traded company. |
| Where can I buy Savola Group shares? | Tadawul, Alinma Brokerage, Al Rajhi Capital, EFG Hermes, Saxo Bank, Merrill Lynch. |
| What is the best platform to buy Savola Group shares? | Tadawul |
(Savola Group – Supermarket Company) – Share Details 2025
Stock Symbol: Savola Group’s stock symbol on one of the top-used Saudi Stock Exchange Online Platforms known as Tadawul is 2050.
Stock Price: As of the year 2024 November, Savola Group’s stock price is round to around the rate of 24.26 SAR on one of the most popular Saudi Stock Exchange Platforms, TADAWUL). However, the company stock has shown a slight down momentum of about 1.3% recently?.
Market Value: As of the year 2024 November 27, Savola Group’s market capitalization is around SAR 27.21 billion. If we convert it into USD, the market value will be around USD 7.27 billion. With this valuation, the company shows a very strong upward momentum, with a year-over-year increase of approx 36.43%?.
Dividends: Savola Group’s most recent dividend payout in the year 2024 of August amounted to 0.75 SAR per share, this dividend was accepted/approved as part of their interim dividend distribution. Approximately 1.13 billion shares were outstanding, the total payment made can be estimated at around 847.5 million SAR?.
Ownership and Share Structure: The Savola Group is mostly owned by a mix of top stakeholders, which also include the Public Investment Fund (PIF) and online stock exchange platform. Savola Group, has a great capital of SAR 5.339 billion divided into 533.98 million shares, with a share structure that includes the key ownership by the PIF and other institutional investors, alongside a substantial free float for public trading on the Saudi Stock Exchange.
Savola Group – Saudi Supermarket Company) – Founder’s Biography 2025
Abdulqader Al-Muhaidib was one of the most prominent Saudi businessmen and entrepreneurs, known for his vision and pioneering contributions to business in Saudi Arabia. Below are some key personal details about him:
Full name: Abdul Qader Al-Muhaidib
date of birth: ()
Nationality: Saudi
Profession: Businessman, Founder of Savola Group
What is the minimum salary for a worker at a Saudi supermarket company – Savola Group – 2025?
These values are approximate figures and depend entirely on factors such as experience and job location.
| Job | Average monthly salary (SAR & USD) |
| Administrative Assistant: | SAR : 6,000–10,000 USD : $1,600–$2,700 |
| Marketing Assistant: | SAR : 8,000–15,000 USD : $2,100–$4,000 |
| Sales Representative: | SAR : 7,000–14,000 USD : $1,900–$3,700 |
| Marketing Manager: | SAR : 15,000–25,000 USD : $4,000–$6,600 |
| Financial Analyst: | SAR : 15,000–25,000 USD : $4,000–$6,600 |
| Operations Manager: | SAR : 20,000–35,000 USD : $5,300–$9,300 |
| Senior Brand Manager: | SAR : 25,000–45,000 USD : $6,600–$12,000 |
| Vice President: | SAR : 50,000–100,000 USD : $13,300–$26,600 |
| Chief Executive Officer (CEO): | SAR : 100,000–$200,000+ USD : $26,600–$53,000+ |
| Workers’ jobs: | SAR : 4,000–7,000 USD : $1,060–$1,860 |
Saudi Supermarket Company) Savola Group. Will you invest in its shares in 2025?
Yes, you can invest in Savola Group shares. They have great potential and have performed very well over time. They also have a very strong foundation. If you’re looking for a stock for your investment portfolio, Savola Group would be a great choice for you. However, before that, all the gains and losses will be in your hands, and this article has nothing to do with that.
