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Family HoldingPuts its own capital into companiesLAST VERIFIED Oct 2026 · 7 SOURCES

Alsulaiman Group

Jeddah holding group founded in 1983 that owns, invests in and operates businesses in retail, logistics, financial services and real estate, plus minority stakes in affiliate companies.

USEFUL FOR Co-investors

Family & background

HEADQUARTERS
Jeddah, Saudi Arabia
FOUNDED
1983
OUTSIDE CAPITAL
No — own capital only

Investment approach

SECTORS
Consumer & E-commerceMobility & LogisticsReal Estate & PropTechFintech
GEOGRAPHY
Saudi Arabia
ROUTES
Companies (own capital)
STRATEGIES
Direct investmentsReal estate

Overview

Alsulaiman Group is a Saudi holding group headquartered in Jeddah and founded in 1983; it states that its goal is to own, invest in and operate a range of brands. Its holdings span retail (IKEA Alsulaiman, Circle K, a Livspace joint venture set up in 2021), logistics (Flow Progressive Logistics, Salasa, in which it made a strategic investment in 2020), financial services (Taajeer Finance) and real estate (Sarh, Ehteraf, Akeed). It also lists strategic investments in affiliate companies such as Lomar, Hanco, Bunyan and Shaden Resort. Dr. Ghassan Alsulaiman is founder and chairman and Saud Alsulaiman is CEO.

Investment thesis

To own, invest in and operate a range of brands efficiently, with a focus on leveraging technology and expertise.

Holdings & investments (18)

  • Livspace (Saudi joint venture)
    Real Estate & PropTech · since 2021
  • Salasa
    Mobility & Logistics · since 2020
  • IKEA Alsulaiman
    Consumer & E-commerce
  • Circle K (Saudi Arabia)
    Consumer & E-commerce
  • Flow Progressive Logistics
    Mobility & Logistics
  • Taajeer Finance
    Fintech
  • Sarh
    Real Estate & PropTech
  • Ehteraf
    Real Estate & PropTech
  • Akeed
    Real Estate & PropTech
  • Lomar
    Consumer & E-commerce
  • Hanco
    Mobility & Logistics
  • Bunyan
  • Shaden Resort
    Real Estate & PropTech
  • SLS Express
    Mobility & Logistics
  • Khomasiah
  • Shift
  • Mustadam
  • Imena

People

  • Dr. Ghassan Alsulaiman
    Founder and Chairman · source
  • Saud Alsulaiman
    CEO · source
  • Amin Magrabi
    Independent Vice Chairman · source
  • Tarek Alsulaiman
    Non-Executive Director · source
  • Bandar Alsulaiman
    Non-Executive Director · source
  • Mohammad Alsulaiman
    Non-Executive Director · source
  • Rayan Qutub
    Independent Director · source
  • Fadi Majdalani
    Independent Director · source

Frequently asked questions

Alsulaiman Group is a family holding based in Jeddah, Saudi Arabia, founded in 1983.

Alsulaiman Group invests its own capital into companies. Its stated asset mix includes direct investments and real estate.

Alsulaiman Group invests in Consumer & E-commerce, Mobility & Logistics, Real Estate & PropTech and Fintech.

Key people at Alsulaiman Group include Dr. Ghassan Alsulaiman (Founder and Chairman), Saud Alsulaiman (CEO), Amin Magrabi (Independent Vice Chairman) and Tarek Alsulaiman (Non-Executive Director).

Alsulaiman Group's holdings and investments include IKEA Alsulaiman, Circle K (Saudi Arabia), Livspace (Saudi joint venture), Flow Progressive Logistics, Salasa, Taajeer Finance, Sarh and Ehteraf, among others.

No. Alsulaiman Group invests its own capital and does not raise money from outside investors.