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Company SYNOPSIS
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A brief
summary of the Al Shoula Holding Company and its
patriarch, where Dhahran Global Company for Oil &
Gas is one of its subsidiary. From its humble
beginning to its current massive projects, Al Shoula
Holding company continue to expand and broaden its
reach in all industry, diversying itself to meet the
ever-increasing demand of the region. |
AL SHOULA HOLDING GROUP
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The
company was founded in 1970 by the end of series
of wars in the Middle East region amidst the
ever increasing demand for construction,
agrilcutural and communication development.
Al Shoula Group started its business at the
beginning of the development in Saudi Arabia. It
has started with a small office in the city of
Riyadh as a real estate establishment with
business interest in construction as well.
Under its present management headed by its
incumbent CEO, HRH Prince Abdulaziz Bin Mishal
Bin Abdulaziz, the business activities of Al
Shoula Holding Group increased and focuses on
the following:
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Real Estate Development
Al Shoula Group have entered into
different ventures with
international companies to develop
real estate projects like high-rise
buildings for residential,
commercial, hotels and office use.
Some of these ventures are like SAMA
Dubai and Al Oula Companies. One of
the project highlight to date are
the following mega property projects
in Saudi Arabia: |
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Project Name: AJMAKAN
Project Value: U$D 1.6
Billion |
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A venture between Al
Shoula Holding Group and Tameer
Holding and the Land Company of
Dubai. AJMAKAN is located at Al-Khozama
District in Al Riyadh city upon an
area of 1.7 million square meters.
It is a complete service commercial
area comprised of commercial
buildings, villas, palaces, and a
five-star hotel complemented with
full services; in addition to
various facilities and commercial
streets ready for entertainment.
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Project Name: JEDDAH HILLS
Project Value: U$D 11.2 Billion |
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Retail Concepts
Al
Shoula shopping malls, which started in Riyadh,
were the first of its kind and have branches in
several cities in Saudi Arabia |
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Oil and Gas
Al
Shoula Group took a keen interest in the Oil and
Gas industry thus the formation of DHAHRAN
GLOBAL for Oil and Gas. Dhahran Global is has
executed major Oil and Gas projects as well as
forming Joint Ventures for drilling contracts
with multi national corporations. |
| Al Shoula Holding Group will still
continue to expand its reach in Saudi Arabia and
across GCC countries in the field of
construction, land development, energy and
telecommunications, environmental services, oil
and gas. HRH PRINCE MISHAL
BIN ABDULAZIZ AL SAUD
HRH Prince Mishal bin Abdulaziz (born
1923) is a senior member of the Saudi Royal
Family. Replacing full brother, Mansur, on his
death, Prince Mishal served as Saudi Arabia's
Minister of Defence (1951-1956), then as a
Special Advisor to King Saud (1957-1960), and
finally, as Governor of Makkah beginning in 1963
before being removed by King Faisal in 1971.
Prince Mishal is a prominent
businessman, with substantial investments in
real estate, insurance, electrical utilities,
oil trading, cement manufacture, etc., and is
considered among the most powerful princes in
the Al Saud. A close ally of King Abdullah, The
prince is younger than than the King, Prince
Bandar, and Prince Musa'id but older to Crown
Prince Sultan. Prince Mutaib, Saudi Arabia's
Minister for Rural & Municipal Affairs, is his
only living full brother. |
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