Ayyan Investment Company

The Al-Suwayeh family controls the board, with Muhammad Al-Suwayeh serving as Chairman and Abdulaziz Al-Suwayeh serving as a board member (per Argaam, 2024). The company is structured as a publicly listed Saudi joint-stock company on Tadawul, but voting control remains with the founding family bloc.

Al Salam Medical Services, which operates Al Salam Hospital in Al Khobar, represents the most visible operating asset in Ayyan's portfolio. Ayyan sold its shares in Al Ahsa Medical Services Company and Al Salam Medical Services Company to Dallah Healthcare, completing the transaction in April 2025 (per Tadawul disclosures).

No. Ayyan operates as a publicly listed holding company that deploys its own balance sheet, not as a fund manager for external limited partners. The firm raises capital through equity markets and rights issues on Tadawul rather than through commingled fund structures.

In November 2023, the board approved a capital reduction to absorb accumulated losses followed by a rights issue to inject fresh equity into the company (per Tadawul filings, November 2023). This restructuring was a compliance measure under Saudi capital market regulations for listed companies with sustained negative retained earnings.

Not in the traditional sense. While the Al-Suwayeh family controls the board and the company functions as a family-influenced investment vehicle, its listing on Tadawul makes it a publicly traded entity with minority shareholders and regulatory disclosure obligations that distinguish it from a pure private family office.

Healthcare is Ayyan's most concentrated sector exposure, with hospital operations in the Eastern Province through Al Salam Medical Services and the merged Al Ahsa Medical Services. The company's Tadawul filings indicate that healthcare-related investments have become the dominant allocation post-merger (2024).

Public filings do not document non-Saudi holdings. The company's operational footprint — hospitals, real estate developments, and schools — remains concentrated in Saudi Arabia's Eastern Province, specifically Al Khobar and Al Ahsa.