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The Al Faisaliah Group (Arabic: مجموعة الفيصلية), is a Saudi-based conglomerate established in 1970. [1] [2] [3] Its name is derived from the name of its founder, Abdullah Al Faisal, eldest son of the late King Faisal. [4] Al Faisaliah Group includes 13 subsidiaries divided into several business units:
Then in May 1997, he began to work as vice president at Al Faisaliah Group on the request of his uncle, Mohammed bin Abdullah who was then chairman of the company. [4] [8] [9] The company was founded by Mohammed's grandfather Abdullah bin Faisal in 1970. [10] Mohammed bin Khalid has been the president and director of the company since 2002. [8]
Ahmad Hamad Al Gosaibi & Brothers: Conglomerates - Khobar [5] 1940 Real estate, food & beverage, hospitality P A Al Baik: Consumer services Restaurants & bars Jeddah: 1974 Fast food restaurants P A Al Bilad Bank: Financials Banks Riyadh: 2004 Islamic bank P A Al Faisaliah Group: Conglomerates - Riyadh: 1970 Food & beverage, consumer goods ...
Abdullah bin Faisal was the founder of Al Faisaliah Group, which was established in Jeddah in 1971. [16] He also owned the largest dairy farm in Saudi Arabia. [ 17 ] In addition, he founded Abdullah Establishment for Trading and Industry in Jeddah in 1978 [ 18 ] and the SIGMA (Saudi Investment Group and Marketing) company in 1979.
Al-Faisaliyyah is one of the most crime-infested areas of Riyadh and has been dubbed by locals as 'al-Mamnūʿāt' (Arabic: الممنوعات; [2] lit. no-go zone), and has one of the highest unemployment ratios in the capital. According to Asharq Al-Awsat in 2007, almost sixty percent of the residents living in were undocumented. [8]
Al Faisaliah Group; Abdullah Al-Othaim Markets; ACWA Power; Advanced Electronics Company Limited; Ajlan & Brothers; Al Anwa Aviation; Alawwal Bank; Aldrees Petroleum ...