Though SHC was only incorporated in 2020, its founder, Sultan Bin Mohammed Al Kabeer, has been in the industry for over five decades. SHC’s key investments include Yamama Cement, Almarai, Arabian Shield Cooperative Insurance Company, and Zain KSA. In January 2023, Zain KSA sold stakes in its tower infrastructure worth $807 million to the Golden Lattice Investment Company, with the Public Investment Fund and SHC among its owners. SHC invested in the $133 million series-C funding round for e-grocery delivery startup Nana in February 2023.