AlOthman Holding was founded as a trading and contracting company in 1967 by current chairman Mohammed Abdullah Al-Othman. Since then, it has grown into a diversified entity, with 18 subsidiaries that operate in agriculture, industry, oil and gas, manufacturing, real estate development, education, business technology solutions, engineering, and trading. Its Takween subsidiary is a publicly-listed company specializing in producing plastic packaging and non-woven fabric materials with two factories in Saudi Arabia. Takween had $450 million worth of assets and recorded $223 million in revenues in 2021.