Majd Investment Company
Also known as Majd
Dammam-based investment company managing the wealth of the Al Majdouie family; invests in private equity (direct and via funds), listed securities and real estate.
USEFUL FOR Fund managers raising capital · Business owners seeking a long-term partner · Co-investors
Family & background
- FAMILY
- Al Majdouie
- WEALTH ORIGIN
- Almajdouie Group (land transport and logistics, founded by Shaikh Ali Al Majdouie)
- HEADQUARTERS
- Dammam, Saudi Arabia
Investment approach
- GEOGRAPHY
- Saudi ArabiaMiddle EastGlobal
- ROUTES
- Companies (own capital) · Funds (as LP)
- STRATEGIES
- Private equityFunds (as LP)Public equitiesReal estate
Overview
Majd Investment Company says it manages the wealth of the Al Majdouie family through a Shariah-compliant approach, investing in real estate, marketable securities and private equity locally, regionally and internationally. In direct private equity it takes strategic stakes and works with portfolio companies, seeking synergies with the Al Majdouie Group; indirectly it invests through venture, growth and expansion funds of external managers. In January 2023 it acquired 25% of Al Wefaq Rent a Car (Yelo), and in November 2025 it announced a strategic alliance with Bahrain's SEEF Properties to develop a mixed-use project in Dammam valued at nearly SAR 500 million. Its subsidiaries include Arsal Facility Management, and it developed the Majd Square complex and Courtyard by Marriott hotel in Jubail.
Investment thesis
Shariah-compliant, long-term investing across real estate, marketable securities and private equity, with a focus on sectors highlighted by Saudi Vision 2030 and on responsible investment.
Holdings & investments (4)
- Dammam mixed-use project (with SEEF Properties)Real Estate & PropTech · since 2025
- Al Wefaq Rent a Car (Yelo)Mobility & Logistics · since 2023 · 25% stake
- Majd Square and Courtyard by Marriott JubailReal Estate & PropTech · since 2023
- Arsal Facility ManagementReal Estate & PropTech · subsidiary
People
- Asad JabbarInvestment Executive Director · source
- Shaikh Ali Al MajdouieFounder · source
- Abdullah Ali Al MajdouieChairman of the Board of Directors · source
- Ibrahim Ali Al MajdouieExecutive Vice Chairman of the Board of Directors · source
- Omar Ali Al MajdouieMember of the Board of Directors · source
- Dr. Zeyad AlhekailMember of the Board of Directors · source
- Mahmood Al-KoohejiCEO · source
- Farouk KewanFinance Executive Director · source
- Yasser AlhelwReal Estate Executive Director · source
- Sadam Abdulazim EissaLegal Affairs Director · source
- Muhammad Umair HayatHead of Internal Audit & Risk Management · source
Frequently asked questions
Majd Investment Company is a single family office based in Dammam, Saudi Arabia.
Majd Investment Company invests on behalf of the Al Majdouie family (Almajdouie Group (land transport and logistics, founded by Shaikh Ali Al Majdouie)).
Majd Investment Company invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes private equity, funds (as lp), public equities and real estate.
Majd Investment Company invests in Real Estate & PropTech and Mobility & Logistics.
Key people at Majd Investment Company include Shaikh Ali Al Majdouie (Founder), Abdullah Ali Al Majdouie (Chairman of the Board of Directors), Ibrahim Ali Al Majdouie (Executive Vice Chairman of the Board of Directors) and Omar Ali Al Majdouie (Member of the Board of Directors).
Majd Investment Company's holdings and investments include Al Wefaq Rent a Car (Yelo), Arsal Facility Management, Majd Square and Courtyard by Marriott Jubail and Dammam mixed-use project (with SEEF Properties).
The most recent publicly reported investment by Majd Investment Company is Dammam mixed-use project (strategic alliance with SEEF Properties) (Joint development, about SAR 500 million), announced in Nov 2025.