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 1999, 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 Muhammad 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, defense, environment, energy, water, FMCG, mining, technology, industrial, logistics, fintech, entertainment, gaming, tourism, healthcare, blockchain, cybersecurity, aerospace, and manufacturing.
Ajlan & Bros has partnered with Saudi Aramco in the carbon fiber manufacturing, plastic recycling, and semiconductor manufacturing fields. Ajlan & Bros, represented by all its subsidiaries and sister companies, we 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.