Al Fozan Holding: Balancing Social Responsibility and Investment Aspirations
Since its inception 60 years ago, Al Fozan Holding and its subsidiaries have adopted a well-defined strategy that combines business objectives with social responsibility, built on leadership, professionalism, and creating added value. We have succeeded in achieving excellence across our various sectors ranging from trading and industry to urban development and retail. We have been recognized as a national entity that works according to an ambitious future vision and encompassing unique social contributions.
Based on our collective expertise and aspiration to create more investment opportunities and discover new horizons, we have continued to establish local and international partnerships, succeeding in launching and managing investment projects in different sectors. Our businesses have created an impact on both the local and international markets, building our reputation as a leading family business and a strong organization with an inspiring success story in the fastest growing market of the GCC and Middle East regions.
Among all the local and regional transformations, we were able to lead our strategic sectors with a renewed thinking that adapts to changes and overcomes challenges to manage a diversified multi-company investment portfolio, in addition to implementing qualitative social initiatives based on virtuous and well-established values inherited over generations, relying on our extensive knowledge, our distinguished team, and our effective strategic partnerships.
Throughout our journey, we have worked to achieve goals that enhance our values and meet our aspirations as a private company within a national system. We have worked in complete harmony with the government policies aimed at building a solid economy for the Kingdom. Our goal has always been to support economic diversification and increase the investment and employment opportunities in Saudi Arabia. We also continued to develop the local market by attracting the best global expertise.
Perhaps what has earned us the confidence of our partners and strengthened our presence among our customers is our commitment to a governance system that upholds the values of transparency, fairness, and social responsibility as the basic principles of our work. Moreover, we are working according to a clearly-defined constitution and family charter that preserves the rights of our partners as well as all stakeholders.
At Al Fozan Holding, we look forward to continuing working with our partners with passion and enthusiasm towards sustainable development and a brighter future. With our significant presence in the nation’s economy, we are committed to fulfilling our role as a national entity that supports transformation and a driver of unique humanitarian initiatives that serve the society in line with the Kingdom’s Vision 2030. We are also committed to meeting the Kingdom’s aspirations under the leadership of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and the Crown Prince, His Royal Highness Prince Muhammad bin Salman bin Abdulaziz to build a vibrant nation and society and a prosperous economy that advances the Kingdom’s status as a global leader.
Abdullah Abdullatif Al Fozan
Chairman of Al Fozan Holding
Chairman of Board of Trustees for Al Fozan Social Foundation