Alkhorayef Group

Alkhorayef Group

Alkhorayef Group traces its origins to 1957 when Shaykh Abdullah bin Ibrahim Alkhorayef established the business in Saudi agriculture. Leadership passed to the first generation in 1962, expanding into energy, water, and food supply chains. The group now functions as a multi-family office while retaining operating subsidiaries. Deployment occurs through direct co-investments, SPVs, and infrastructure projects. Asset classes include water technologies, power systems, oil and gas equipment, and real estate. Geographic reach covers the Middle East, Africa, Asia, Europe, North America, South America, and Oceania. Confirmed activity includes a 2023 sale of a 25% stake in Alkhorayef Petroleum Company to the Public Investment Fund and a 2025 contract award for electrical submersible pumping systems in Kuwait. The firm maintains one headquarters office in Riyadh plus mixed-use and hotel assets. Adjacent vehicles include real-estate holdings such as the Centro Rotana Hotel in Hail and Staybridge Suites in Al Khobar. October 2025 marked the Kuwait Oil Company contract win for a consortium that includes Alkhorayef Petroleum Company. Ownership and governance remain within the Alkhorayef family branches, with external co-owners limited to specific subsidiaries such as the 51% stake held by Abu Dhabi Islamic Bank in Saudi Finance Company since 2011.