# Riyadh Chamber of Commerce & Industry

Riyadh Chamber of Commerce & Industry is an Endowment / Foundation based in Riyadh, Saudi Arabia.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Riyadh, Saudi Arabia
- **Region:** Middle East
- **Address:** King Abdullah Road, Riyadh, Saudi Arabia
- **Founded:** 1961
- **Assets under management:** Undisclosed
- **Website:** chamber.sa
- **LinkedIn:** https://www.linkedin.com/company/riyadhchamber

## Regulatory record

- **Reports private funds:** No

## About

Founded by royal decree in 1961, the Riyadh Chamber of Commerce & Industry operates as a hybrid entity — part regulator, part institutional asset owner. Its board, presently chaired by Ajlan bin Abdulaziz Al-Ajlan alongside vice chairmen Mohamed Al Murshed and Naif Al Rajehi, governs both the Chamber's policy mandate and its investment decisions. The Chamber's investment posture is property-heavy. Its portfolio includes the Riyadh International Convention & Exhibition Center, a Radisson Blu hotel on the same King Abdullah Road campus, and the Chamber's own headquarters building — all held in Riyadh. Beyond bricks and mortar, it provides IT development, licensing procedures for private firms, and financial resource services, creating a fee-for-service revenue stream that augments returns from its endowment. Its board-level relationship with the Federation of Saudi Chambers and the International Chamber of Commerce provides sourcing for cross-border business facilitation mandates that occasionally produce co-investment or soft-capital opportunities. The Chamber maintains a permanent secretariat and professional team, including CHRO Jehad Alaskar, though total staff or dedicated investment professionals remain undisclosed. Its board holds a seat with AMIDEAST, the American educational nonprofit, and it operates a dedicated Corporate Social Responsibility Board, signaling a formalized philanthropic governance structure. The Chamber's structural differentiator is its dual identity as both capital allocator and licensing gatekeeper. Every private company operating in Riyadh must register through the Chamber, granting its investment committee an information advantage over pure financial institutions. This regulatory-capital hybrid model is uncommon among Gulf asset owners — most of which operate as pure sovereign wealth funds or single-family offices — and gives the Chamber a unique window on the health of the region's private sector before it appears in financial statements.

## Sectors

- Real Estate
- Infrastructure
- Private Credit

## People

- Ajlan bin Abdulaziz Al-Ajlan — Chairman
- Mohamed Al Murshed — Vice Chairman
- Naif Al Rajehi — Vice Chairman
- Jehad Alaskar — Chief Human Resources Officer
- Abdulrahman al-Jeraisy — Former Chairman

## Questions

### How is the Riyadh Chamber related to the Federation of Saudi Chambers?

The Riyadh Chamber is a key member chamber of the Federation of Saudi Chambers, the national umbrella organization that represents Saudi business interests domestically and internationally. The Federation coordinates policy advocacy and cross-chamber initiatives, and the Riyadh Chamber's leadership regularly participates in Federation governance. This relationship provides the Riyadh Chamber with a national platform for deal origination and policy influence that complements its own municipal-level regulatory and investment activities.

## Related profiles

- [Riyad Capital](https://altss.com/profile/riyad-capital)
- [Riyadh Valley Company](https://altss.com/profile/riyadh-valley-company)

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Last updated: 2026-08-11T02:43:31.692Z

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