Abdullah Al-Othaim Markets

Abdullah Al-Othaim Markets
ISINSA1230K1UGH7 Edit this on Wikidata
IndustryRetail
Founded21 May 1980 (1980-05-21)
Headquarters
Riyadh
,
Saudi Arabia
Number of locations
476 stores (415 in Saudi Arabia, 61 in Egypt) (2025)[1]
Area served
Saudi Arabia, Egypt[2]
Key people
Abdullah Al-Othaim
(Chairman)
Muaffaq Mubarah
(chief executive officer)[3][4][5]
ProductsCash and carry
Hypermarket
Othaim City
Supermarket
Wholesale
RevenueIncrease SAR 11.24 billion (2025)[6]
Decrease SAR 2.97 billion (Q1 2026)[7]
Total assetsIncrease SAR 7.69 billion (2025)[8]
Increase SAR 7.80 billion (Q1 2026)[9]
Websitewww.othaimmarkets.com

Abdullah Al-Othaim Markets Company is considered an extension of Saleh Al Othaim Trading Establishment, which was founded by the late Sheikh Saleh Al-Othaim in 1956, and worked in the trade of foodstuffs. In 1980, Abdullah Al-Othaim Markets Trading Company was established to continue the journey in expanding the work and opening centers for wholesale and retail sales.[10][11]

The company continues to implement its strategy for expansion and growth, reaching a total of 476 branches by the end of December 2025, including 415 branches covering more than 110 cities and governorates across the Kingdom of Saudi Arabia, in addition to its presence outside the Kingdom, where it operates 61 branches in the Arab Republic of Egypt.[12]

The company has received global appreciation from Forbes magazine, as it was classified in 2016 as the third largest Arab company in the field of executive management of retail, and it was included in the list of the best 100 companies in the Kingdom of Saudi Arabia, and the best 200 companies in the Arab world.[13] In 2020, Forbes Middle East magazine included the company in the list of the 100 largest public companies in the Middle East region.[14][15]

History

1956 - Opening of the first store in Riyadh in the Kingdom of Saudi Arabia under the name "Al Othaim Trading Establishment".[10][16]

1980 - Establishment of Abdullah Al-Othaim Markets Company, expanding its commercial activities in wholesale and retail trade.[10][17]

1990 - Opening of store No. 14 of Abdullah Al-Othaim Markets Company in the Kingdom of Saudi Arabia.[18][19]

1992 - Opening of central warehouses with high-quality standards in dry and refrigerated storage.[19]

2004 - Launch of the loyalty program "Iktisab", to become one of the largest loyalty systems in the Kingdom of Saudi Arabia.[20][21]

2007 - Launch of the initiative to donate the remaining halalas from the customer during purchase operations to support charitable organizations.[22][23]

2008 - Listing of Abdullah Al-Othaim Markets Company on the Saudi Financial Market "Tadawul".[10]

2016 - Opening of the first store in Egypt.[24][25]

2022 - Opening of 300th store in the Kingdom of Saudi Arabia.[26][27]

2024 - Opening of the first Al Othaim Cash & Carry in the Kingdom.[19]

2024 - Al-Othaim Markets had reached 400 branches in the Kingdom.[28]

Subsidiary Companies

Abdullah Al-Othaim Markets Company has subsidiary companies as shown below:[19]

  • Haley Holding Company
  • Al Othaim Cash & Carry Company
  • Bayt Al Watan Company
  • Mueen for Human Resources Company
  • Abdullah-Al Othaim Markets (Egypt)

Social Responsibility

Through the implementation of many programs that constitute an essential element in the company's policy and approach, Abdullah Al-Othaim Markets Company assumes responsibility for social responsibility programs and community service. Among the most important of these programs:[12]

Program for donating the remaining halalas from customers according to the customer's wish

The number of associations benefiting from this project has reached more than 15 charitable associations at the level of the Kingdom, and the total donations have exceeded more than 10 million riyals since the beginning of the program.[23]

Charitable Magnetic Purchase Vouchers Initiative

These purchase vouchers are considered an automated technological tool and important for charitable associations to provide support to the needy and direct the disbursement of direct support to basic needs. They are allocated to specific categories in society. The automated technological system currently benefits more than 190 thousand families and beneficiaries through more than 135 charitable associations and institutions in the Kingdom, where the financial support provided by Al Othaim Markets in this program has exceeded 170 million riyals until the end of 2025.[12]

Through the Sanabel Al Khair Charitable Purchase Vouchers Initiative

The company contributed additional support of more than 45 million riyals in purchasing vouchers for charitable associations and institutions for the Sanabel Al Khair initiative until the end of 2025.[12]

Agreement with Charitable Associations and Institutions

Several agreements have been negotiated to support the programs of a diverse group of organizations and charitable institutions in the Kingdom, including the National Ehsan Platform, Namaa Makkah Association, and the Birr Associations in Jeddah and Abha.[29][19][30]

Iktisab Program

The Iktisab program is considered the first integrated program sponsored by Abdullah Al-Othaim Markets Company, and Iktisab Company associated with Abdullah Al-Othaim Markets Company.[23] The idea of the program revolves around giving consumer and food commodities to the end consumer who belongs to one of the targeted categories in society at a reasonable and subsidized price. Some customers from special categories such as (orphans, martyrs, widows, divorcees, and prisoners' families) who shop at the company's branches receive direct support for a variety of basic materials, with a maximum monthly support of 100 riyals for each beneficiary. The total support provided to the beneficiaries of the program has exceeded 45 million riyals until the end of 2025.[12][19]

Board of Directors

  1. Abdullah Saleh Ali Al-Othaim, Chairman of the Board of Directors
  2. Bader Hamed Abdulrazaq Alaujan, Vice Chairman of the Board of Directors
  3. Muaffaq Abdullah Mohammed Mubarah, board member and Chief Executive Officer
  4. Raed Abdullah Ibrahim Al-Hogail, Board Member
  5. Saad Ibrahim Saad Al-Mushawah, Board Member
  6. Bandar Suliman Mohammed Al-Bohairy, Board Member[12]

Awards

  • Excellence in Governance Award for the Best Listed Companies in the Financial Market for the year 2019.[31]
  • Consumer Protection Association Award for the year 2022 for Abdullah Al-Othaim Markets Company's commitment to improving the experience of consumers.[32][33]
  • Retail Leisure International Award for Sustainability in the Retail Sector for the year 2022.
  • Award for the Fastest Growing Retail Markets Chain in the Kingdom for the year 2022.[34][35]
  • Best Marketing Initiative in the Kingdom Award for the year 2022, according to the Retail Asia Awards classification.[36]
  • Strongest Brand in Saudi Retail, leading the foodstuffs sector for the year 2022.
  • Most Admired Brand in the Kingdom of Saudi Arabia for the year 2022, according to Global Brands Magazine classification.[37]
  • Best Customer Loyalty Program "Iktisab" for the year 2023, according to Global Business Outlook classification.[38]
  • Award for the Retail Chain with the Lowest Cost and Best Prices for the Consumer for the year 2023, according to the Global Business Outlook classification.[39]
  • Award for the Fastest Growing Retail Markets Chain in the Kingdom of Saudi Arabia for the year 2024.[40]
  • Most Saving Brand in the Retail Sector in the Kingdom of Saudi Arabia for the year 2024 from International Business Magazine.[41]
  • Award for the Fastest Growing Retail Markets Chain in the Kingdom of Saudi Arabia for the year 2024 from World Business Outlook magazine.[40]
  • Best Sustainability Practices in Retail in the Kingdom of Saudi Arabia for the year 2024, from Global Brands Magazine.[42]
  • Social Responsibility Awards from the Ministry of Human Resources and Social Development, first in the Kingdom at the level of the wholesale and retail sector for the year 2024.[43][19]
  • Excellence in Financial Performance Award for the year 2024, according to the International Business Finance classification.[44]
  • Social Responsibility Awards 2025 from the Ministry of Human Resources and Social Development for the second consecutive year.[45][46][47]
  • In 2025, Al Othaim was ranked among the top 20 Saudi brands in terms of brand value, according to Kantar BrandZ.[48]
  • Best Value for Money Grocery Retail Chain – KSA for the year 2025.[49][50][51]
  • Best Omni Channel Grocery Retailer – KSA for the year 2025.[52][53][54]

References

  1. ↑ Annual Report 2025 (PDF) (Report). Abdullah Al Othaim Markets Company. 2026. Retrieved 21 April 2026.
  2. ↑ Al Othaim Markets opens sixth branch in Egypt، Argaam. 23 May 2016.
  3. ↑ Chief Executive Officer and Executive Director, Abdullah Al-Othaim Markets Company، Bloomberg L.P site.
  4. ↑ Abdullah Al Othaim Markets Company announces the Appointment of CEO، Argaam. 9 July 2013.
  5. ↑ "Al Othaim names Muaffaq Mubarah as CEO". ArgaamPlus. Retrieved 10 July 2024.
  6. ↑ Annual Report 2025 (PDF) (Report). Abdullah Al Othaim Markets Company. 2026. Retrieved 21 April 2026.
  7. ↑ Interim Condensed Consolidated Financial Statements for the three-month period ended 31 March 2026 (PDF) (Report). Abdullah Al Othaim Markets Company. 10 May 2026. Retrieved 19 May 2026.
  8. ↑ Annual Report 2025 (PDF) (Report). Abdullah Al Othaim Markets Company. 2026. Retrieved 21 April 2026.
  9. ↑ Interim Condensed Consolidated Financial Statements for the three-month period ended 31 March 2026 (PDF) (Report). Abdullah Al Othaim Markets Company. 10 May 2026. Retrieved 19 May 2026.
  10. 1 2 3 4 "Abdullah Al-Othaim Markets". MEED. 27 July 2010. Retrieved 19 May 2026.{{cite web}}: CS1 maint: url-status (link)
  11. ↑ saim. "Abdullah Al Othaim". Forbes Lists. Retrieved 19 May 2026.
  12. 1 2 3 4 5 6 Annual Report 2025 (PDF) (Report). Abdullah Al Othaim Markets Company. 2026. Retrieved 21 April 2026.
  13. ↑ East, Forbes Middle. "Top Executive Management in the Arab World Retail". Forbes ME. Retrieved 19 May 2026.
  14. ↑ Mughal, Waqar. "Abdullah AlOthaim Markets (AlOthaim Markets)". Forbes Lists. Retrieved 19 May 2026.
  15. ↑ "Abdullah Al-Othaim markets among 100 largest companies in the Middle-East in 2020". Arab News. 11 June 2020. Retrieved 19 May 2026.
  16. ↑ saim. "Abdullah Al Othaim". Forbes Lists. Retrieved 19 May 2026.
  17. ↑ "Abdullah Al-Othaim Markets Company Profile". Saudi Exchange. Retrieved 19 May 2026.{{cite web}}: CS1 maint: url-status (link)
  18. ↑ "Abdullah al-Othaim Markets Company". saudipedia.com. Retrieved 19 May 2026.
  19. 1 2 3 4 5 6 7 "Annual Report 2024" (PDF). Abdullah Al-Othaim Markets. Retrieved 19 May 2026.{{cite web}}: CS1 maint: url-status (link)
  20. ↑ "History | Abdullah Al-Othaim Markets". Abdullah Al-Othaim Markets. Retrieved 19 May 2026.{{cite web}}: CS1 maint: url-status (link)
  21. ↑ "Board of Directors Annual Report" (PDF). Argaam. Retrieved 19 May 2026.{{cite web}}: CS1 maint: url-status (link)
  22. ↑ "Our Responsibility Towards the Community". Abdullah Al-Othaim Markets. Retrieved 19 May 2026.{{cite web}}: CS1 maint: url-status (link)
  23. 1 2 3 "Corporate Social Responsibility". Al Othaim Holding. Retrieved 19 May 2026.{{cite web}}: CS1 maint: url-status (link)
  24. ↑ ArgaamPlus. "Al-Othaim Markets opens new stores in Egypt, Saudi Arabia". ArgaamPlus. Retrieved 19 May 2026.
  25. ↑ ArgaamPlus. "Othaim plans more stores in Egypt, Saudi after opening 33 branches in 2016". ArgaamPlus. Retrieved 19 May 2026.
  26. ↑ "Abdullah al-Othaim Markets Company". saudipedia.com. Retrieved 19 May 2026.
  27. ↑ "Saudi retail giant Al Othaim expands to 312 stores in Q1: Argaam". Arab News. 6 June 2022. Retrieved 19 May 2026.
  28. ↑ ArgaamPlus. "Al Othaim holds 20% of market; Q4 outlook positive: CEO". ArgaamPlus. Retrieved 9 June 2026.
  29. ↑ "Annual Report 2023" (PDF). Abdullah Al-Othaim Markets. Retrieved 19 May 2026.{{cite web}}: CS1 maint: url-status (link)
  30. ↑ "HRSD Concludes Set of MOU with Abdullah Bin Saleh Al Othaim and Sons Charities Establishment | Ministry of Human Resources and Social Development". www.hrsd.gov.sa. Retrieved 19 May 2026.
  31. ↑ "أسواق العثيم تحصد جائزة التميز في الحوكمة لأفضل الشركات بسوق المال | سبق". sabq.org (in Arabic). 4 February 2021. Retrieved 19 May 2026.
  32. ↑ "Report of the Excellence in Governance Awards Ceremony 2023" (PDF). CPA Saudi Arabia. Retrieved 19 May 2026.{{cite web}}: CS1 maint: url-status (link)
  33. ↑ "جمعية حماية المستهلك". cpa.org.sa. Retrieved 19 May 2026.
  34. ↑ "Award Winners 2022 - Real Estate". Global Business Outlook. Retrieved 19 May 2026.
  35. ↑ "Saudi Arabia". Global Business Outlook. 19 May 2022. Retrieved 19 May 2026.{{cite web}}: CS1 maint: url-status (link)
  36. ↑ Reporter, Staff (7 July 2022). "Abdullah Al-Othaim takes marketing to new heights | Retail Asia". retailasia.com. Retrieved 19 May 2026.
  37. ↑ "Saudi Exchange Company Disclosure PDF (Awards and Recognition 2022–2024)" (PDF). Saudi Exchange (Tadawul). 13 August 2024. Retrieved 19 May 2026.{{cite web}}: CS1 maint: url-status (link)
  38. ↑ "Award Winners 2023 - Retail". Global Business Outlook. Retrieved 19 May 2026.
  39. ↑ "Award Winners 2023 - Retail". Global Business Outlook. Retrieved 19 May 2026.
  40. 1 2 Raj, Amith (4 September 2025). ""Othaim Markets" The Fastest Growing Retail Chain in the Kingdom for the Second Time". World Business Outlook. Retrieved 19 May 2026.
  41. ↑ "Award Winners 2024". INTLBM. Retrieved 19 May 2026.
  42. ↑ Magazine, Global Brands. "ABDULLAH AL-OTHAIM MARKETS EARNS TOP HONOUR AT GLOBAL BRAND AWARDS 2024". www.prnewswire.com. Retrieved 19 May 2026.
  43. ↑ "الفائزين بجائزة المسؤولية الاجتماعية للشركات 2024". www.hrsd.gov.sa (in Arabic). Retrieved 19 May 2026.
  44. ↑ "Investor Presentation 2024 – Abdullah Al-Othaim Markets Company" (PDF). Abdullah Al-Othaim Markets Investor Relations. 13 August 2024. Retrieved 19 May 2026.{{cite web}}: CS1 maint: url-status (link)
  45. ↑ "Othaim Markets wins Social Responsibility Award 2025 for second consecutive year". Al Riyadh Newspaper. Retrieved 19 May 2026.
  46. ↑ الرياض-مال (21 October 2025). ""أسواق العثيم" تحصد جائزة المسؤولية الاجتماعية للشركات لعام 2025 عن فئة الشركات العملاقة". Maaal (in Arabic). Retrieved 19 May 2026.
  47. ↑ "أسواق العثيم تحصد جائزة المسؤولية الاجتماعية للشركات لعام 2025 عن فئة الشركات العملاقة | سبق". sabq.org (in Arabic). 21 October 2025. Retrieved 19 May 2026.
  48. ↑ "$106 billion and rising: Emirati and Saudi brands reclaim growth momentum". Kantar BrandZ. Retrieved 19 May 2026.{{cite web}}: CS1 maint: url-status (link)
  49. ↑ "Instagram". www.instagram.com. Retrieved 22 June 2026.
  50. ↑ "#أسواق_العثيم #tgeawards #theglobaleconomicsawards | Abdullah Al-Othaim Markets". LinkedIn. Retrieved 22 June 2026.
  51. ↑ "أسواق العثيم (@OthaimMarkets) on X". X (formerly Twitter). Retrieved 22 June 2026.
  52. ↑ "أسواق العثيم (@OthaimMarkets) on X". X (formerly Twitter). Retrieved 22 June 2026.
  53. ↑ "Instagram". www.instagram.com. Retrieved 22 June 2026.
  54. ↑ "#أسواق_العثيم #internationalfinance #internationafinanceawards2025 #internationafinanceawardsdubai2025 #ifawards2025 | Abdullah Al-Othaim Markets | ‏٢٢‏ من التعليقات". LinkedIn (in Arabic). Retrieved 22 June 2026.
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