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My Report

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Budget Saudi Arabia logo

Major Shareholder in Budget Saudi
Autoworld’s sale to Budget Saudi was completed, with SEDCO acquiring an 8.96% stake and becoming a major shareholder in Budget Saudi.


Diversifying Investment with Sukuk
Purchase of our first corporate Sukuk, coupled with expansion of our government Sukuk investments, saw significant diversification of our investment portfolio.


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Green Procurement Practices
A “Green Procurement Guideline” was established to promote sustainable procurement decisions.

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Introduced Diwaniyat SEDCO
Diwaniyat SEDCO Holding in Riyadh facilitated networking and knowledge-sharing among industry experts, focusing on the economic outlook and investment opportunities for 2025.


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Joudyan King’s Road Opens
The Joudyan King Road Hotel officially opened its doors in the heart of Jeddah.


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Rowad launches “Ghaltat” Podcast
Rowad launched the “Ghaltat Podcast” to support entrepreneurs, achieving over 100,000 viewers and listeners.

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Hotel Galleria debuts with Hilton
The Hotel Galleria Jeddah, Curio Collection by Hilton debuted in Saudi Arabia in partnership with SEDCO Holding.


Strengthening Corporate Governance
Corporate Governance standards were enhanced, including the implementation of the three lines of defense concept for risk management.


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GCC BDI Jeddah Chapter Partnership
SEDCO, in partnership with the GCC Board Directors Institute, launched the first Jeddah chapter to enhance corporate governance and leadership, aligning with Vision 2030.

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