Ajlan & Bros Holding
Riyadh conglomerate of the Alajlan brothers that invests in Saudi growth sectors: textiles, real estate, mining, utilities, logistics and fintech.
USEFUL FOR Co-investors
Family & background
- HEADQUARTERS
- Riyadh, Saudi Arabia
- FOUNDED
- 1979
Investment approach
- SECTORS
- Industrial & ManufacturingReal Estate & PropTechFintechFood & AgricultureClimate & EnergyMobility & Logistics
- GEOGRAPHY
- Saudi ArabiaGlobal
- ROUTES
- Direct investments
- STRATEGIES
- Direct investmentsReal estate
Overview
Ajlan & Bros Holding Group describes itself as a conglomerate established to invest in a diversified portfolio across Saudi Arabia's key growth sectors. Its timeline starts in 1979 with a fabrics and garments shop; the holding group was established in 2017, after earlier expansion into real estate and the creation of Abdulaziz Alajlan Sons for Trading & Real Estate Investments. Holdings named on its site include Arabian Mills (acquired 2021, listed 2024), the Jubail 3B desalination plant, Taiba 2 & Qassim 2 power plants, wind projects, ez bank (a digital bank joint venture with QNB), the Tiqmo wallet, AJEX logistics and mining ventures. In April 2026 its mining arm signed a partnership with Gold and Minerals Co. on a gold project in the Al-Duwaihi belt, with an estimated investment of about USD 300 million.
Investment thesis
Invest in strategic sectors through enduring partnerships with world-class organizations, in line with Saudi Vision 2030.
Holdings & investments (12)
- RAIAMedia & Entertainment · since 2025
- Taiba 2 & Qassim 2 Power GenerationIndustrial & Manufacturing · since 2024
- Al-Ghat and Waad Al-Shamal WindClimate & Energy · since 2024
- TiqmoFintech · since 2023
- ez bankFintech · since 2022
- AJEX Logistics ServicesMobility & Logistics · since 2021 · DHL eCommerce acquired a significant stake in 2025
- Arabian Mills (MC2)Food & Agriculture · since 2021
- Jubail 3B Water DesalinationIndustrial & Manufacturing · since 2021
- Ajlan & Bros TextileIndustrial & Manufacturing
- Ajlan & Bros Mining and MetalsIndustrial & Manufacturing
- Ten-X
- Shandong Lawrance Textile Co.Industrial & Manufacturing
People
Classification
Family Holding. A family's holding company that owns stakes in several separate businesses or invests beyond its own group, without calling itself a family office. How family capital is classified →
FAQ
Ajlan & Bros Holding is a family holding based in Riyadh, Saudi Arabia, founded in 1979.
Ajlan & Bros Holding invests directly in companies. Its stated asset mix includes direct investments and real estate.
Ajlan & Bros Holding invests in Industrial & Manufacturing, Real Estate & PropTech, Fintech, Food & Agriculture, Climate & Energy and Mobility & Logistics.
Key people at Ajlan & Bros Holding include Ajlan Bin Abdulaziz Alajlan (Chairman), Mohammed Bin Abdulaziz Alajlan (Vice Chairman), Fahad Bin Abdulaziz Alajlan (Board Member) and Fahad Bin Saad Alajlan (Board Member).
Ajlan & Bros Holding's holdings and investments include Ajlan & Bros Textile, Ajlan & Bros Mining and Metals, AJEX Logistics Services, ez bank, Tiqmo, Arabian Mills (MC2), Ten-X and Taiba 2 & Qassim 2 Power Generation, among others.
The most recent publicly reported investment by Ajlan & Bros Holding is Al-Duwaihi Belt (ND26) gold project, with Gold and Minerals Co., announced in Apr 2026.