THE MIDDLE EAST’S

Top 100 Arab
Family Businesses

11. Al Fozan Holding

Country: Saudi Arabia
Sector: Diversified
Establishment: 1959
Chairman : Abdullah Abdullatif Al Fozan

The Al Fozan Holding Company operates across the Middle East through over 20 subsidiaries, affiliates, and joint ventures. Its investments span retail, real estate, trading, industrials, and other investments, including Ascend Healthcare Solutions and AUVA Projects & Supplies. Retal, a publicly-traded subsidiary of the group, has a $2.5 billion portfolio of completed, ongoing, and upcoming projects, with 6,000 completed units. In April 2022, Retal and the Eastern Province Municipality announced the launch of Green Al-Khobar and Al-Khobar Art initiatives in Saudi Arabia. Abdullah Abdullatif Al Fozan also Chairs the Board of Trustees for Al Fozan Social Foundation, the Athath Charity, and Bawan Company.