Arabian Business Rich List 2010
Thu 16 Dec 2010 10:41 AM
Ahmed Saleh Baeshen
29

Ahmed Saleh Baeshen

Industry: Retail

Company: AMS Baeshen

Country: Saudi Arabia

Wealth: 3.5 Billion

Established some 80 years ago, AMS Baeshen has grown from a
small family concern to being the exclusive distributor of numerous
multinational FMCG companies in Saudi Arabia.

Under the guidance of Khalid Baeshen, the general manager,
AMS Baeshen has grown from being a mere distributor to being a manufacturer of
goods and services in the kingdom. Following a major expansion and investment
programme in 1994, the company’s principal focus switched to the tea sector,
with the building of a tea blending and packing facility in Jeddah that has
seen it become a market leader in Saudi.

The company has also expanded into the retail market, where
its ‘Teayana’ concept is fast growing into a major player in Saudi. Baeshen now
plans to expand overseas, having overseen the establishment of distribution
networks in various countries across the globe.