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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
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
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.
Is Al Dhowayan Group a single family office or an asset manager?
Al Dhowayan Group is structured as an asset manager but operates more like a family holding company. It does not appear to manage third-party capital, and all known portfolio assets are directly held by the group under founder control. The governance structure, with institutional board members, suggests a formal corporate framework rather than an informal family office.
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.
Where does Al Dhowayan Group's wealth originate?
The source of the Al Dhowayan family's original wealth has not been publicly disclosed. The group's investment focus on Saudi real estate and Azerbaijani mining suggests multi-generational capital originally deployed in regional physical assets, but no specific wealth-origin narrative is available in public records.
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.
What is Al Dhowayan Group's posture on international investments?
The group maintains a geographically dispersed real estate portfolio, with confirmed holdings in New Zealand and Spain in addition to its Saudi properties. All known international positions are direct property holdings — there is no evidence of fund commitments, co-investments, or public-market exposure outside the Kingdom.
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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