THE MIDDLE EAST’S
31. Abdullah Alothaim Holding Company
Established: 1956
Country: Saudi Arabia
Chairman: Abdullah Saleh Al Othaim
The Abdullah Alothaim Holding Company has interests in commercial, real estate, industrial, and investment activities. In June 2023, the company launched Al Othaim Circle, a $107 million waterfront project in Khobar, Saudi Arabia. The group has completed large-scale projects, including the Othaim Treasures Project, Al Othaim Park, and Circle. In August 2023, the Abdullah Al-Othaim Investment Company obtained a license from the General Commission for Audiovisual Media to establish and operate cinemas in Saudi Arabia, with plans to open over 20 cinemas in five years.