Al Zamil Family Office

Al Zamil Family Office

The Al Zamil Family Office was formed to steward wealth generated by Zamil Group, which began as a trading enterprise in Bahrain in the 1920s under Sheikh Abdullah Al-Hamad Al Zamil. Mohammed Al Zamil now serves as chairman while Khalid Al Zamil holds the presidency; both oversee the group's diversified holdings. The office maintains its base in Al Khobar and operates exclusively for the family. Capital deployment centers on long-term private equity positions and strategic co-investments that align with existing group activities. Confirmed holdings and partnerships span real estate through towers in Riyadh and Manama, manufacturing via Zamil Shipyard in Dammam, and petrochemicals through the joint venture ethyleneamine plant with Huntsman Corporation in Jubail. Geographic reach covers Saudi Arabia and Bahrain with additional exposure via the U.S.-Saudi Business Council. The structure favors direct ownership and joint ventures over third-party fund commitments. Team size and total deployment figures remain undisclosed. The office participates in the Family Business Network and maintains two philanthropic vehicles, the Abdullah H. Al Zamil Center and the Al Zamil Foundation. In 2024 the Public Investment Fund acquired a 40 percent stake in Zamil Offshore Services Company, marking the most recent disclosed transaction involving group assets. A structural distinction lies in the office's integration with an operating conglomerate rather than separation as a pure investment entity. Decision-making remains within the family through named principals who also hold executive roles at Zamil Group, limiting external manager mandates.