Who We Are

Ajlan & Bros Holding Group is a conglomerate established to invest in a diversified portfolio of initiatives across Saudi Arabia’s key economic growth sectors.
In line with the Custodian of The Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Prince Mohammed bin Salman’s 2030 Vision for the Kingdom of Saudi Arabia, Ajlan & Bros Holding has embarked on a significant diversification strategy both regionally and globally.
We aim to support the modernization of Saudi Arabia, whilst providing avenues for private investment and local employment opportunities.

Our vision

To be a leading global investment conglomerate, enriching the lives of our people, prosperity of the Kingdom of Saudi Arabia and Vision 2030.

Our mission

Invest in strategic sectors, through enduring partnerships, with world class organizations, while adhering to our core values.

Our values

Collaboration
Agility
Resourcefulness
Ethics

Our History

1979

timeline item title

Ajlan & Bros Holding Group was formed when the first shop opened specializing in fabrics and garments.

1980

Imports from East Asian countries. Expansion of retail footprint in KSA.

1990

Expansion of production globally, establishing our first factory in China with complete supply chain from production through to packaging.

2000
  • Expansion in the real estate sector with assets exceede USD 15 Billion, making it one of the largest real estate investment companies in the Kingdom.
  • Abdulaziz Alajlan Sons for Trading & Real Estate Investments Co. office established with a focus to invest across multiple assets classes globally.
2010

Expansion of footprint across the Middle East.

2017

Ajlan & Bros Holding Group established.

2021
  • USD 800 Million Build-Operate-Transfer of Jubail 3B desalination plant (600,000 m3 per day).
  • USD 600 Million acquisition of Arabian Mills (MC2).
  • AJEX Logistics Services company launched.
  • Dussmann-Ajlan & Bros facilities management company launched in partnership with Dussmann Group; the world's eighth-largest privately owned facilities management company.
  • Pure Beverages Company successfully launched Ival and Oska, two new bottled water brands, in the Saudi Market.
2022
  • Real Estate transactions worth USD 3.5 Billion.
  • Moxico-Ajlan & Bros Holding Group consortium wins USD 73 Million Khnaiguiyah exploration license.
  • Joint Venture with QNB Group with a total investment of USD 677 Million to establish a new digital bank in KSA: ez bank.
2023
  • Real Estate acquisition of 18 Million SQM of land worth USD 2.2 Billion.
  • Launch of Tiqmo wallet with #1 leading Chinese FinTech partner SwiftPass.
  • Real Estate acquisition of 4 Million SQM of land worth USD 400 Million.
2024
  • IPO of Arabian Mills (MC2) with a total value of USD 1 Billion.
  • Taiba 2 & Qassim 2 Power Generation projects: development, design, engineering, financing, and operation, with a total investment of USD 3.7 Billion.
  • Award of Bir Umq exploration license to the Ajlan-Norin Consortium.
  • Renewable Wind Projects; investment of USD 1.5 Billion in Al Ghat and Waad Al-Shamal Wind 500 MW. Yanbu Wind IPP: Production capacity of 700 MW with an investment of USD 500 Million
  • Real Estate transactions worth USD 400 Million.
2025
  • DHL eCommerce acquired a significant stake in AJEX Logistics Services.
  • RAIA company launched in partnership with Saudi Media Company (SMC) for event management.
  • NexVenue launched as a new JV between Dussmann-Ajlan & Bros Holding Company with Mosanada for Mega Sports, Entertainment and Events FM Consulting services in Saudi Arabia.
  • Ajlan & Bros Mining won the second exploration license in Jabal Sayid with Zijin Mining.
  • Ajlan & Bros Mining partnership with Norin won the exploration license for Southern Al-Hijar.
  • Pure Beverages Company successfully sold to Almarai.
  • Ajlan & Bros Mining announces Joint Venture with AHK.
  • ez Bank awarded banking license by SAMA.
2030

Expansion into further sectors aligned to Vision 2030.

Ajlan & Bros Story

Established in 1979, Ajlan & Bros launched its textiles business in the Kingdom of Saudi Arabia starting with a small store in Deira Market in Riyadh. Direct trade with China started 35 years ago, and after 10 years, specifically in 1990, Ajlan & Bros began to establish its first factories in China. As its industries developed over time and moved between several provinces, until touching base in Shandong, and the establishment of a complex of factories operating in all aspects of supply chain and value chain from production to packaging, Ajlan & Bros business in China starts from the cotton seed and ends with the product delivered to the end user. Our journey in the textile business in China has spanned over 25 years, and we now have more than 5,500 employees working in the Ajlan & Bros factory complex in Shandong, China.

At the same time that we started manufacturing in China, our first real estate business in the Kingdom was launched, and Abdulaziz Alajlan Sons for Trading & Real Estate Investments Co. (Ajlan & Bros) was established in 2000. Now one of the largest real estate portfolios in the Kingdom with assets exceeding billions; the real estate company has acted as an international investment arm, bringing its investment portfolio to billions in Asia, Europe, and the United States. Our real estate and investment business has expanded to more than 25 countries, and our investment portfolio has reached more than 100 million square meters.

With the announcement of Vision 2030 by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz and His Highness, the Crown Prince Mohammed bin Salman, the Board of Directors of the Ajlan & Bros decided to expand the scope of their business and establish a holding company that works on all the focused sectors targeted by the Vision; from this decision, Ajlan & Bros Holding (ABH) was established in 2017. ABH began by analyzing the sectors, targets, and programs of Vision 2030, and developing a comprehensive strategy that ensures the development of business according to local, regional, and international best practice. Pursuing business development methods that meet the objectives of Vision 2030 and the interests of the Kingdom, ABH established subsidiary companies operating in diverse sectors, including, but not limited to: real estate, retail, facility management, power and energy, FMCG, mining,industrial, logistics, banking and fintech, and entertainment.

Ajlan & Bros has successfully partnered with many prominent world-class international companies. To name just a few, in logistics, AJEX has a joint venture with DHL eCommerce, in industrial localization, Ajlan & Bros has a joint venture with CHINT, and in banking, ez bank is a joint venture between Ajlan & Bros and QNB. In mining, Ajlan & Bros Mining & Metals has multiple leading joint ventures with 38 licenses, 3.4kms and several smelters and refineries under planning. In facility management, we have joint ventures with Dussmann and Mosanada.

Ajlan & Bros, represented by all its subsidiaries and sister companies, pursue the utmost strategic efforts in the short, medium, and long term to achieve the objectives of Vision 2030, and to support the industrial, economic, and commercial revolution of the Kingdom of Saudi Arabia.