Xenel
Jeddah holding company of the Alireza family (House of Alireza), founded 1973, holding stakes in logistics, healthcare, services, power, industrial and real estate businesses.
USEFUL FOR Business owners seeking a long-term partner · Co-investors
Family & background
- FAMILY
- Alireza
- HEADQUARTERS
- Jeddah, Saudi Arabia
- OFFICES
- Riyadh, Saudi Arabia
- FOUNDED
- 1973
Investment approach
- SECTORS
- Industrial & ManufacturingReal Estate & PropTechHealthTechMobility & LogisticsClimate & Energy
- GEOGRAPHY
- Saudi ArabiaJordanPK
- ROUTES
- Direct investments
- STRATEGIES
- Direct investmentsPrivate equity
Overview
Xenel was established in Jeddah in 1973 by the eldest sons of Ahmed Yousef Zeinal Alireza and builds on the trading legacy of the House of Alireza. It describes itself as a holding company and long-term strategic investor, with current ventures in logistics (LogiPoint, Red Sea Gateway Terminal, SISCO), healthcare (Magrabi Health, Imdad, AMI Saudi Arabia), services, power plants in Jordan and Pakistan, industrial companies and real estate. It has offices in Jeddah and Riyadh.
Investment thesis
As a holding company it says it invests with a purpose, using domain expertise, governance and the appointment of capable management to drive profitable growth and long-term sustainability.
Holdings & investments (22)
- Magrabi HealthHealthTech · since 1997
- LogiPointMobility & Logistics
- Red Sea Gateway Terminal (RSGT)Mobility & Logistics
- Saudi Bulk Transport (SBT)Mobility & Logistics
- Sustained Infrastructure Holding Company (SISCO)Mobility & Logistics
- AMI Saudi Arabia (AMISAL)HealthTech
- Anfas Medical Care CompanyHealthTech
- ImdadHealthTech
- AECOM ArabiaIndustrial & Manufacturing
- Al Karam Al Arabi (Karam)
- Jusoor Airports for Operation & MaintenanceMobility & Logistics
- Sejel TechnologySoftware & SaaS
- Abour Energy CompanyClimate & Energy
- Qatrana Electric Power CompanyClimate & Energy
- Sapphire Electric CompanyClimate & Energy
- HidadaIndustrial & Manufacturing
- SafraIndustrial & Manufacturing
- Saudi Scaffolding FactoryIndustrial & Manufacturing
- The International Company for Building Materials (Binex)Industrial & Manufacturing
- The International Company for Chemicals (ICC)Industrial & Manufacturing
- TamlikReal Estate & PropTech
- Xentury CityReal Estate & PropTech
People
- Mohammed A. AlirezaChairman · source
- Khaled A. AlirezaVice Chairman · source
- Yousef A. AlirezaBoard Member · source
- Mutasim M. AlirezaBoard Member · source
- Aamer A. AlirezaBoard Member & Executive Committee Chairman · source
- Raaid K. AlirezaExecutive Committee Member & Managing Director · source
- Emran M. AlirezaExecutive Committee Member & COO · source
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
Xenel is a family holding based in Jeddah, Saudi Arabia, founded in 1973.
Xenel invests on behalf of the Alireza family.
Xenel invests directly in companies. Its stated asset mix includes direct investments and private equity.
Xenel invests in Industrial & Manufacturing, Real Estate & PropTech, HealthTech, Mobility & Logistics and Climate & Energy.
Key people at Xenel include Mohammed A. Alireza (Chairman), Khaled A. Alireza (Vice Chairman), Yousef A. Alireza (Board Member) and Mutasim M. Alireza (Board Member).
Xenel's holdings and investments include LogiPoint, Red Sea Gateway Terminal (RSGT), Saudi Bulk Transport (SBT), Sustained Infrastructure Holding Company (SISCO), AMI Saudi Arabia (AMISAL), Anfas Medical Care Company, Imdad and Magrabi Health, among others.