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Yousuf M.A. Naghi & Sons Group
Yousuf M.A. Naghi & Sons Group operates as the holding company and single-family office for the Naghi family's diversified interests out of Jeddah.
Yousuf M.A. Naghi & Sons Group
Yousuf M.A. Naghi & Sons Group operates as the holding company and single-family office for the Naghi family's diversified interests out of Jeddah. Founded by the late Mohamed Yousuf Naghi, the group built its foundation on exclusive import and distribution partnerships that remain core operating assets — it is Saudi Arabia's sole BMW Group importer and the exclusive local distributor for LG Electronics. A pharmaceutical division, Cigalah Group, operates a plant in King Abdullah Economic City under the leadership of CEO Yaser Yousuf Naghi, reflecting a classic family-office architecture where operating businesses generate the liquidity that the investment arm then deploys. Investment activity spans asset classes that mirror the family's industrial roots while reaching into technology. Direct co-investments and special-purpose vehicles target venture and growth-stage companies across AgriTech, FinTech, Healthcare Services, and Supply Chain & Logistics. Real estate holdings include the group's Jeddah headquarters on Palestine Street and worker housing complexes in Saudi Arabia's industrial cities. The firm maintains a geographic mandate covering North America, Europe, Asia, and Africa — a footprint that aligns with the global supply chains of its distribution partners. Confirmed technology interests include AI/ML and Enterprise Software, with the family office evaluating alternative VC models alongside traditional direct deals. Mohamed Yousuf Naghi chairs the group and participates in YPO, situating the family office within a global peer network of operators and allocators. Saleh Yousuf Naghi manages group interests while serving on the board of the Albir Society, a philanthropic organization. A fleet operation, Hafil Transportation, and a standalone Genesis showroom in Jeddah's Auto Mall round out a portfolio where operating companies and investment functions intertwine — the office does not sit apart from the businesses; it reinvests their proceeds. The group became the official automotive partner of Al Nassr Football Club through its BMW relationship. What distinguishes the Naghi structure is its distribution-anchored capital formation. Unlike family offices funded by a liquidity event, this group generates recurrent operating cash flow from long-term exclusive agency agreements, then funnels that into direct investments across asset classes and geographies — a model that blends the permanence of a family holding company with the reach of an institutional allocator.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
Middle East
Country
Saudi Arabia
City
Jeddah
Corporate office
Palestine Street, Alhamra District, Jeddah, Saudi Arabia
Principals
Mohamed Yousuf Naghi
Chairman
Yaser Yousuf Naghi
CEO, Cigalah Group
Saleh Yousuf Naghi
Group Interests Manager, Board Member of Albir Society
Ammar Yousuf Naghi
Group Interests Manager
Sector focus
Frequently asked questions
Who runs investment decisions at Yousuf M.A. Naghi & Sons Group?
Chairman Mohamed Yousuf Naghi leads the group, with his brothers Yaser, Saleh, and Ammar managing specific operating divisions and group interests. The family office does not publish a standalone CIO or investment committee structure, reflecting a model where investment decisions are made within the family leadership rather than through a separate institutional layer.
Where does the group's investment capital come from?
The primary capital source is operating cash flow from exclusive Saudi distribution agreements — the group is the sole importer for BMW Group and the exclusive distributor for LG Electronics in the Kingdom. These long-standing agency relationships, combined with the Cigalah pharmaceutical division, generate recurring liquidity that funds the family office's direct investments and venture allocations.
How is the group related to Cigalah Group?
Cigalah Group operates as the pharmaceutical and healthcare distribution arm under the Naghi umbrella, led by CEO Yaser Yousuf Naghi. It runs a manufacturing plant and warehouse in King Abdullah Economic City, functioning as both an operating business and a source of capital for the broader family office portfolio.
Does Yousuf M.A. Naghi & Sons Group participate in fund commitments or only direct deals?
The group's confirmed investment types include direct co-investments, special-purpose vehicles, real estate, and infrastructure. While the firm evaluates alternative VC models, available sources do not confirm traditional third-party fund commitments, suggesting a preference for direct exposure and structured partnerships over passive LP positions.
What investment stages does the firm typically target?
The firm's venture activity targets growth-stage companies alongside direct real estate and infrastructure holdings. Sector focuses include AgriTech, FinTech, Healthcare Services, and Supply Chain & Logistics, with confirmed technology interests in AI/ML and Enterprise Software — indicating an allocation strategy that spans both industrial operating assets and growth-equity technology positions.
What is the Naghi family's relationship to Al Nassr Football Club?
The group is the official automotive partner of Al Nassr Football Club through its exclusive BMW Group distributorship in Saudi Arabia. This commercial partnership reflects the family office's broader pattern of leveraging operating-company relationships to build brand presence and institutional ties within the Kingdom.
Does the firm maintain philanthropic structures, and how are they separated?
Saleh Yousuf Naghi serves as a board member of the Albir Society, a charitable organization in Saudi Arabia, indicating philanthropic engagement at the principal level. There is no public disclosure of a formal foundation structure or clear separation between the family office's investment and philanthropic activities.
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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