Al Faisaliah Group

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Al Faisaliah Group
مجموعة الفيصلية
Private
IndustryInformation Systems; food and beverage; multimedia
Founded1970
HeadquartersRiyadh
Key people
Abdullah Al Faisal
(Founder)
Mohammed bin Khalid bin Abdullah Al Faisal (President and CEO)
Revenue$800 million (2005)
Number of employees
5000 (2005)
WebsiteOfficial website

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

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

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

Activities[edit]

Sulaiman Al-Habib Medical Group has announced the signing of an agreement in Dubai with Al Faisaliah Group Medical Systems Co. in the presence of Prince Mohamed bin Khalid bin Abdullah Al Faisal, president and CEO of Al Faisaliah Group, to equip the “largest cardiac center” in the Kingdom’s private sector.[3] The group reported completing the initial phase of the 150-bed Sulaiman Al-Habib Hospital building at a cost exceeding $150 million. The group chose Al-Faisaliah Medical Systems Co. which is a subsidiary of Al-Faisaliah Holding Group, in a bid to contribute to the implementation of the project through Cardio Space program, which aims to set plans for developing and enhancing cardiac centers in consistency and conformity with the scientific progress, to raise the performance in order to serve the community and its members, and achieve an advanced health care policy in the field of medicine and cardiology, in consistence with the international standards and in conformation with the local environment, group chairman Sulaiman Al Habib said.

References[edit]

  1. ^ "Accenture to Strengthen Capabilities in Middle East through Joint Venture with Al Faisaliah Group". Accenture. 7 June 2011. Retrieved 4 March 2013.
  2. ^ Anthony Shoult (1 May 2006). Doing Business with Saudi Arabia. GMB Publishing Ltd. p. 481. ISBN 978-1-905050-67-3. Retrieved 4 March 2013.
  3. ^ "Corporate News". Arab News. Archived from the original on 25 April 2011.