Founded in 1971, AFG has operations across the Middle East and across different sectors including dairy, electronics, healthcare and food service. The group has strategic partnerships with local and global firms including Sony, Danone, Philips, and Accentur. Al Safi Danone (ASD) is a joint venture between Al Faisaliah Group Al Safi Dairy Company and Groupe Danone of France. ASD supplies dairy products to more than 32,000 retailers in 12 countries across the region. In 2023, AFG was one of the anchor investors in Jamjoom pharma’s IPO.