Al Faisaliah Group

Al Faisaliah Group
مجموعة الفيصلية
Company typePrivate
IndustryInformation Systems; food and beverage; multimedia
Founded1970
HeadquartersRiyadh
Key people
Abdullah Al Faisal
(Founder)
Mohammed bin Khalid bin Abdullah Al Faisal (Group President)
Ziad Al Tunisi (CEO)
Revenue$800 million (2005)
Number of employees
1000 to 5000 (2017)
Websitealfaisaliah.com

The Al Faisaliah Group (Arabic: مجموعة الفيصلية), is a Saudi-based conglomerate established in 1970.[1][2][3] Its name is derived from the name of its founder, Abdullah Al Faisal, eldest son of the late King Faisal.[4]

Al Faisaliah Group includes 13 subsidiaries divided into several business units:

  • Food and beverage – Al-Safi Danone dairy products;[5] Alfa Co For Operation Services Ltd. meat products and restaurants[6]
  • Consumer Electronics – Medical, Measurement and Media Equipment, IT and Communications (IT networking and consulting), Internet service provider and FBTC Security Systems
  • Entertainment and Multimedia – Joint ventures with companies such as SONY, SAP AG, Cisco Systems,
  • Specialty Chemicals –Represents the regional interests of Bausch and Lomb.

In 2005, the company reported revenue of about $800 million and had over 5000 employees.

  1. ^ "Accenture to Strengthen Capabilities in Middle East through Joint Venture with Al Faisaliah Group". Accenture. 7 June 2011. Retrieved 4 March 2013.
  2. ^ "Saudi Prince's Rise to Power Turns Him Into a Billionaire Boss". Bloomberg.com. 10 August 2019. Retrieved 16 October 2021.
  3. ^ "Gulf Fund Raises $75 Million for Mideast, North African Startups". Bloomberg.com. 16 February 2021. Retrieved 16 October 2021.
  4. ^ Anthony Shoult (2006). Doing Business with Saudi Arabia. GMB Publishing Ltd. p. 481. ISBN 978-1-905050-67-3.
  5. ^ "Alsafi Danone".
  6. ^ "Alfa Co. for Operations Services".