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Nazer Group
Founded in 1991 by the late Hisham Nazer, a former Saudi Minister of Petroleum and Mineral Resources, the Nazer Group operates from Jeddah's Bin Sulaiman...
Nazer Group
Founded in 1991 by the late Hisham Nazer, a former Saudi Minister of Petroleum and Mineral Resources, the Nazer Group operates from Jeddah's Bin Sulaiman Center. The firm reflects a governance model where control rests with Chairman Loay Nazer and Vice Chairman Tal Nazer, who concurrently leads Bupa Arabia as CEO. Nazer Group focuses its investment activity on healthcare services and real estate. The healthcare exposure flows chiefly through Bupa Arabia, the enduring joint venture with British United Provident Association. On the property side, the group controls the Bin Sulaiman Center, a commercial asset on Prince Sultan Street in Jeddah's Khalideya district, and additional mixed-use development projects in Jeddah and Riyadh under the Nazer Real Estate Development Projects umbrella. Geographic concentration is exclusively domestic Saudi Arabia, with service provision extending abroad through the health insurance platform. Beyond the operating entities, the family maintains institutional connections through professional networks. Loay and Tal Nazer are active members of the Young Presidents' Organization, and Loay Nazer was named a Young Global Leader by the World Economic Forum. He also previously served as Chairman of Saudi football club Ittihad. A dedicated Nazer Foundation channels philanthropic activity, while a cultural sponsorship of the Islamic Arts Biennale at King Abdulaziz International Airport signals a parallel commitment to place-making in Jeddah. Nazer Group's structural differentiator stems from its hybridized governance: it functions simultaneously as a holding company, a joint-venture anchor, and an investment office. The overlapping leadership between the group and Bupa Arabia — Tal Nazer as CEO, Loay Nazer as Chairman — concentrates healthcare strategy within the family office, creating a posture where investment returns and insurance underwriting are managed through the same principals rather than firewalled mandates.
General information
Firm type
Generalist
Year founded
1991
AUM
Undisclosed
Location
Region
Middle East
Country
Saudi Arabia
City
Jeddah
Corporate office
Bin Sulaiman Center, 6th Floor, Prince Sultan Street, Al Khalidiya, P.O.Box 5958, Jeddah 21432, Saudi Arabia
Principals
Loay Nazer
Chairman
Tal Nazer
Vice Chairman
Sector focus
Frequently asked questions
Who runs investment decisions at Nazer Group?
Chairman Loay Nazer and Vice Chairman Tal Nazer lead the group. Tal Nazer also serves as CEO of Bupa Arabia, Nazer Group's primary healthcare joint venture, giving the two principals direct oversight of both the investment entity and its largest operating asset.
Is Nazer Group structured as a single family office or does it operate more like a holding company?
It operates as a hybrid. The group holds a controlling position in Bupa Arabia through a long-term joint venture with British insurer Bupa, alongside direct real estate assets in Jeddah and Riyadh. The same family principals govern both the investment company and the operating business.
How is Nazer Group related to Bupa Arabia?
Bupa Arabia is the product of a joint venture between the Nazer family and British United Provident Association. Tal Nazer serves as Bupa Arabia's CEO while sitting as Vice Chairman of Nazer Group, and Loay Nazer chairs both entities.
What sectors does Nazer Group invest in?
Its confirmed positions span healthcare services and commercial real estate. The healthcare exposure is concentrated in Bupa Arabia, while the real estate portfolio includes the Bin Sulaiman Center in Jeddah and mixed-use developments in Riyadh.
Where does the underlying wealth come from?
The founding generation is tied to Hisham Nazer, the late Saudi Minister of Petroleum and Mineral Resources and a former president of the Central Planning Organization. His son Loay Nazer built the contemporary investment group and the Bupa Arabia partnership.
Does Nazer Group maintain philanthropic structures, and how are they separated?
Yes. The Nazer Foundation serves as the family's charitable vehicle. The group also sponsors cultural initiatives, including the Islamic Arts Biennale hosted at Jeddah's King Abdulaziz International Airport.
Does Nazer Group participate in fund commitments or only direct deals?
Public disclosures suggest primarily direct holdings and joint-venture equity. No record of Nazer Group making fund commitments as a limited partner is verified in the available sourced material.
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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