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Olayan Group

From Wikipedia, the free encyclopedia

The Olayan Group
Company typePrivate
Founded1947; 77 years ago (1947)
FounderSuliman S. Olayan
Headquarters
Vaduz
,
Liechtenstein
Key people
Khaled S. Olayan (director)
Hutham S. Olayan (director)
Lubna S. Olayan (director)
Websitehttp://www.olayan.com

The Olayan Group is a multinational enterprise established in 1947[1][2] by Suliman S. Olayan (5 November 1918 – 4 July 2002), with an actively managed portfolio of global investments. The group's primary parent company, Olayan Investments Company Establishment (OICE), is headquartered in Vaduz, Liechtenstein.[3] The Group also has international offices in New York, London, Luxembourg, Vienna, Athens, Riyadh, and Singapore.[4] The Group’s parent for MENA investments and operations, Olayan Financing Company (OFC), is based in Riyadh. The Olayan Group invests internationally in both public and private equities, including real estate, as well as in fixed income securities. Its multibillion-dollar portfolio is concentrated in North America, Europe, Asia and the Middle East.

The Olayan Group traces its origins back to the General Contracting Company (GCC), founded to work on the construction of the Trans-Arabian Pipeline alongside the American contracting company Bechtel.[5] In 1950s, Olayan created trading and insurance companies, and began investing in New York City and London markets. Since then, the group has diversified its activities with the establishment of affiliates and partnerships in many industries.[6]

References

  1. ^ "The Olayan Group: Private Company Information". Businessweek. Archived from the original on December 11, 2008. Retrieved 29 August 2012.
  2. ^ "Company Overview of The Olayan Group". bloomberg.com. Retrieved 24 May 2017.
  3. ^ "Olayan Investments Company Establishment | Olayan". www.olayan.com. Retrieved 2022-02-24.
  4. ^ "About | Olayan". www.olayan.com. Retrieved 2022-02-24.
  5. ^ "About". GCC Olayan. Retrieved 2022-02-24.
  6. ^ "About | Olayan". www.olayan.com. Retrieved 2022-02-24.


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This page was last edited on 16 March 2024, at 02:07
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