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Ahmed H. Almarhoon & Bros.
Fahad Almarhoon's Dammam-based family office co-owns Gulf Ferro Alloys and Jubail Chemical assets with Al-Zamil, Olayan, and Al-Turki.
Ahmed H. Almarhoon & Bros.
The Almarhoon family office operates from its own Almarhoon Tower in Dammam, with roots in the Eastern Province's construction and industrial-services economy. A principal, Fahad Almarhoon, has represented the contracting sector on the National Committee for Contractors and served on the Saudi-Bahraini Business Council, reflecting the cross-border business ties embedded in the family's portfolio. The office concentrates its capital in industrial joint ventures and domestic real assets. It is a co-founder and shareholder in Gulf Ferro Alloys Company (SABAYEK) alongside Al-Zamil Group, Al-Suhaimi Group, Al-Mojel Group, and Bahrain's United Gulf Industries Corporation. It also co-owns Jubail Chemical Industries Company (JANA) with Olayan Group, Al-Turki Group, Khalid & Abdulaziz Al-Babtain Co., and Abdulkadir Al-Muhaidib & Sons. In construction materials, the family holds a stake in Eastern Asphalt & Concrete Co. Ltd. (EACCO) with Rashed Abdulrahman Al-Rashed & Sons Group and Al-Dabal Group. Its wholly owned operating entity, Almarhoon United Company, is a registered contractor and service provider to SABIC and Saudi Aramco within Jubail Industrial City. Beyond these operating and joint-venture stakes, the family holds undisclosed real estate holdings in Saudi Arabia. Team size and total deployment figures have not been publicly disclosed. The principals maintain active engagement in regional policy and business councils, including the Asharqia Chamber, where family members have served on multiple committees. The family's structural differentiator is its embedded co-shareholder model. Rather than operating as a pure financial allocator, the office co-owns industrial assets with a tight circle of Eastern Province and Riyadh-based conglomerate groups, making its portfolio a map of local business relationships rather than a conventional fund-investment program.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
Asia
Country
Saudi Arabia
City
Dammam
Corporate office
Dammam, Saudi Arabia
Principals
Fahad Almarhoon
Board Member, Saudi-Bahraini Business Council; Member, National Committee for Contractors
Sector focus
Frequently asked questions
How does the Almarhoon family office source its investment opportunities?
The office sources opportunities through deep industrial relationships in Saudi Arabia's Eastern Province. Its principal, Fahad Almarhoon, has served on the National Committee for Contractors and the Saudi-Bahraini Business Council, networks that connect the firm to joint-venture partners across the regional industrial economy.
Who co-invests alongside the Almarhoon family in its industrial holdings?
The family co-invests with a specific circle of Saudi and Bahraini conglomerates. In Gulf Ferro Alloys Company, it co-founded the venture with Al-Zamil Group, Al-Suhaimi Group, Al-Mojel Group, and Bahrain's United Gulf Industries Corporation. In Jubail Chemical Industries, its co-shareholders include Olayan Group and Al-Turki Group.
Does the family office make fund commitments or only direct and co-investment deals?
The office structures its industrial exposure almost entirely through direct joint-venture equity stakes and wholly owned operating companies — not through third-party fund commitments. Its Almarhoon United Company operates as a registered contractor serving SABIC and Saudi Aramco directly.
What relationship does the Almarhoon office have with Saudi Aramco and SABIC?
Almarhoon United Company, the family's wholly owned operating entity, is a registered contractor and service provider to both Saudi Aramco and SABIC within Jubail Industrial City. This operating relationship anchors the office's industrial-services exposure in the Eastern Province.
Which sectors does the portfolio span?
The portfolio concentrates on industrial joint ventures — ferroalloys and chemicals — alongside construction materials (asphalt and concrete) and real estate. It is not publicly known to invest in venture capital, technology, or financial assets outside these operating and real-asset categories.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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