Al Fozan Holding Company
Family-owned Saudi holding company in Al Khobar, founded 1959, managing 30+ subsidiaries and joint ventures in trading, retail, real estate and manufacturing.
USEFUL FOR Co-investors
Family & background
- HEADQUARTERS
- Al Khobar, Saudi Arabia
- FOUNDED
- 1959
Investment approach
- GEOGRAPHY
- Saudi Arabia
- ROUTES
- Companies (own capital)
- STRATEGIES
- Direct investmentsReal estate
Overview
Al Fozan Holding describes itself as one of the largest family-owned companies in Saudi Arabia. It was established in 1959 in Al Khobar by Abdullatif bin Ahmed Al Fozan and his brother Mohammed bin Ahmed Al Fozan as a timber and iron trading business. The group says it manages a diversified portfolio of more than 30 subsidiaries and joint ventures across trading, real estate development, manufacturing and retail, and is exploring new investments such as healthcare. It reports operating under a family constitution and charter.
Holdings & investments (11)
- Retal for Structural DevelopmentReal Estate & PropTech · since 2012
- eXtra (United Electronics Company)Consumer & E-commerce · since 2003
- United Homeware Company (Nice)Consumer & E-commerce
- AjdanReal Estate & PropTech
- Shomoul Holding CompanyReal Estate & PropTech · joint venture with Mabanee
- United Glass Industries Company (Uniglass)Industrial & Manufacturing
- Midad HoldingIndustrial & Manufacturing · wholly owned
- United Steel Industries (Unisteel)Industrial & Manufacturing
- Bawan Holding CompanyIndustrial & Manufacturing
- Madar Building Materials Co.Industrial & Manufacturing
- Ascend Holding (Ascend Healthcare Solutions)HealthTech
People
- Abdullah Abdullatif Al FozanChairman · source
Frequently asked questions
Al Fozan Holding Company is a family holding based in Al Khobar, Saudi Arabia, founded in 1959.
Al Fozan Holding Company invests its own capital into companies. Its stated asset mix includes direct investments and real estate.
Al Fozan Holding Company invests in Consumer & E-commerce, Real Estate & PropTech, Industrial & Manufacturing and HealthTech.
Key people at Al Fozan Holding Company include Abdullah Abdullatif Al Fozan (Chairman).
Al Fozan Holding Company's holdings and investments include eXtra (United Electronics Company), United Homeware Company (Nice), Ajdan, Shomoul Holding Company, Retal for Structural Development, United Glass Industries Company (Uniglass), Midad Holding and United Steel Industries (Unisteel), among others.