Asset Manager

Updated:

Al Dhowayan Group

Al-Dhowayan Group is a Saudi Investment Group founded in 1975 with its current state established in 1998. The Group focuses on various sectors including...

Al Dhowayan Group logo

Al Dhowayan Group

Al-Dhowayan Group is a Saudi Investment Group founded in 1975 with its current state established in 1998. The Group focuses on various sectors including Financial, Industrial, and Real Estate. It conducts its business and manages its investments in compliance with Islamic Shariah principles.

General information

Firm type

Generalist

Year founded

1998

Location

Region

Middle East

Country

Saudi Arabia

City

Al Khobar

Corporate office

Al Khobar, Saudi Arabia

Principals

Shaikh Ali AlDhowayan

Founder and Chairman

Tariq Al-Sudairy

Member of the Board of Directors

Khalid Al-Khowaiter

Member of the Board of Directors

Sector focus

Real EstateMining & Resources

Frequently asked questions

Who runs investment decisions at Al Dhowayan Group?

Founder and Chairman Shaikh Ali AlDhowayan leads the group's investment decisions. The board includes Tariq Al-Sudairy, CEO of Jadwa Investment, and Khalid Al-Khowaiter, providing institutional oversight. Day-to-day operational management is assumed to rest with the founder's office, though the group does not publicly detail its executive structure.

What kind of assets does Al Dhowayan Group hold?

The portfolio divides into real estate and natural resources. Real estate holdings include residential and commercial properties in Saudi Arabia — Hayat Villa Tharwa, Hayat Business Gate, AlNoor Square, and two Khafji developments — plus mixed-use portfolios in New Zealand and Spain. The natural resources segment consists of the Azatek and Sofi-Bina gold-polymetallic mines in Azerbaijan.

Does Al Dhowayan Group disclose its assets under management?

No. The firm has not published an AUM figure, and the value of its real estate and mining holdings is not publicly available. Altss research finds no regulatory filing or media report that quantifies the group's total capital base.

How is Al Dhowayan Group connected to Jadwa Investment?

Tariq Al-Sudairy, the CEO of Jadwa Investment — a Riyadh-based asset manager with over SAR 75 billion under management — sits on Al Dhowayan Group's board of directors. This creates a governance link between the two firms, though no operational or co-investment relationship has been publicly confirmed.

Profile maintained by 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.

Need institutional-grade insight on asset managers?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

More Al Khobar Generalist profiles