The Al Nahla Group is one of the oldest companies in Saudi Arabia. The company’s activities revolve around automotive, real estate and development, construction, trading, and investments. It has 12 sub-companies, including Al Nahla for Urban Development, SAMACO Automotives, Porsche Design, SAMACO Marine, Al Nahla Holdings, and Al Nahla Technology. The group also owns 8.7% of Riyad Bank. Chairman, Abdulrahman Sharbatly is also the founder of Al Sagr Cooperative Insurance Company, SACO Company, Jeddah Economic Company, and the Golden Pyramids Real Estate Group, among others.