The Olayan Group has a strong track record of diversified operations in Saudi Arabia, having started its first business in the Kingdom in 1947. Today, over 40 affiliated companies of the Group are engaged in product distribution, manufacturing and services in Saudi Arabia, other Gulf countries, and the wider Middle East. These include wholly owned operating companies, joint ventures with major multinationals, and firms in which the Group has substantial non-majority ownership interests.
Riyadh-based Olayan Financing Company manages the Group's commercial and industrial operations in Saudi Arabia and the Middle East. It is also a leading investor in major private enterprises in the region and has been a long-time participant in the Saudi stock market.
Saudi Arabia's economy continues to grow and diversify. The 2010 "Doing Business" report, published by the International Finance Corporation-World Bank, ranked the Kingdom as the 13th most economically competitive country in the world. Moreover, Saudi Arabia is consistently ranked as the best place to do business in the Middle East and Arab world.
With more than 60 years of pioneering business experience in Saudi Arabia, The Olayan Group is well-positioned to capitalize on new opportunities in this dynamic economy while continuing to play a leadership role in the country's private sector development. |