Al Fozan wins “Most Innovative Investment management Company” award

Al Fozan Holding Company announced that it won the ‘Most Innovative Investment management Company” Award. This is a global award presented by the renowned International Finance Magazine which awarded Al Fozan for its role in founding a diversified investment portfolio, through which the company launched innovative initiatives and projects that contributed to Saudi economy and community development. This has helped Al Fozan to be one of the fastest-growing success stories in the Kingdom, GCC and the Middle East region as a whole.

Al Fozan diversified its investment portfolio to cover important sectors such as trade, real estate development, manufacturing and retail, through which it has achieved great success and growth.

Moreover, Al Fozan Holding was keen on sustaining social contributions and investments through special system and selective initiatives that serve the community, economy and environment, in addition to promoting innovation in different fields including education, technology, culture, etc.

The company won this award for its efforts in diversifying its investment portfolio which shall in return has a positive impact on communities and individuals. The magazine also supports initiatives and investment activities based on positive values around the world.

Adel Merheb, Chief Investment Officer of Al Fozan, expressed his happiness with the Award that the company received. He also revealed that the company follows a disciplined and transparent institutional system inspired by the family constitution and family business participation, and is committed to applying benchmarks based on leading practices and achievements that exceeded the Kingdom’s borders regionally and internationally. He noted that the Award pushes the private sector and family businesses to play a role in launching projects in line with the economic diversification goals, creating jobs and attracting more foreign investments to the Saudi market.

Al Fozan Holding

Al Fozan Holding Company is one of Saudi Arabia’s most renowned family businesses and over the course of its 60-year existence, the company has amassed a vastly diversified investment portfolio that spans a multitude of industries, including retail, manufacturing, real estate, and trading.

Headquartered in Saudi Arabia, with operations throughout the Gulf Cooperation Council (GCC) and the Middle East, Al Fozan Holding is a well-established holding company. Led by a team of talented professionals, Al Fozan has evolved and diversified its portfolio of companies over the years to become one of the fastest-growing regional success stories today.