AlNahla Group Company Profile

Background

Overview

AlNahla Group, established in the 1930s by the late H.E. Mr. Hasan Abbas Sharbatly, is a prominent Saudi Arabian conglomerate with a diversified portfolio spanning investment, real estate, trading, automotive, and hospitality sectors. The group is headquartered in Jeddah, Saudi Arabia, and has played a significant role in the nation's economic development.

Mission and Vision

The group's mission is to contribute to Saudi Arabia's economic growth through strategic investments and development projects. Its vision aligns with the nation's Vision 2030, focusing on sustainable growth, innovation, and community welfare.

Primary Area of Focus

AlNahla Group's primary focus includes:

• Investment: Diversified holdings across various sectors.

• Real Estate: Development and management of residential and commercial properties.

• Trading: Engagement in various trading activities.

• Automotive: Through subsidiaries like SAMACO Automotive, dealing with luxury car brands.

• Hospitality: Development and management of hospitality projects.

Industry Significance

AlNahla Group is recognized as one of the oldest and leading family businesses in Saudi Arabia, contributing significantly to the nation's economic development and diversification efforts.

Key Strategic Focus

Core Objectives

• Diversification: Expanding investments across multiple sectors to mitigate risks and capitalize on various market opportunities.

• Sustainable Development: Focusing on projects that align with environmental sustainability and community welfare.

• Innovation: Embracing technological advancements to enhance operational efficiency and service delivery.

Specific Areas of Specialization

• Real Estate Development: Managing and developing residential and commercial properties.

• Automotive Services: Offering luxury car brands through SAMACO Automotive.

• Hospitality Projects: Developing and managing hotels and leisure facilities.

Key Technologies Utilized

The group leverages advanced technologies in construction, real estate management, and automotive services to enhance operational efficiency and customer experience.

Primary Markets Targeted

• Saudi Arabia: Primary market for all operations.

• Gulf Cooperation Council (GCC) Countries: Engagement in various business activities.

• Egypt: Investments in real estate and other sectors.

Financials and Funding

Funding History

As a privately held family-owned conglomerate, AlNahla Group's funding primarily comes from internal family resources and reinvested profits. Specific details regarding external funding rounds and investors are not publicly disclosed.

Total Funds Raised

The group has not publicly disclosed the total funds raised through external sources.

Recent Funding Rounds

No recent external funding rounds have been publicly reported.

Notable Investors

The primary investors are the members of the Sharbatly family, who own and operate the group. External institutional investors are not part of the group's ownership structure.

Intended Utilization of Capital

Capital is allocated towards:

• Real Estate Development: Funding large-scale residential and commercial projects.

• Automotive Expansion: Enhancing automotive services and expanding brand offerings.

• Hospitality Ventures: Developing new hotels and leisure facilities.

• Technological Investments: Implementing advanced technologies across operations.

Pipeline Development

Key Pipeline Candidates

• Jeddah South Fund: A mixed-use development spanning 8.47 million square meters in South Jeddah, launched in 2024.

• Al Nawras Marsa: A partnership with Tarfeeh Fakieh to develop and operate a leisure facility in Jeddah, signed in February 2024.

Stages of Development

• Jeddah South Fund: Early development stages, with ongoing planning and initial construction.

• Al Nawras Marsa: Partnership agreement signed; project in the planning phase.

Target Conditions

• Jeddah South Fund: Mixed residential-commercial hub.

• Al Nawras Marsa: Leisure and entertainment facility.

Anticipated Milestones

• Jeddah South Fund: Completion of initial infrastructure and commencement of residential and commercial developments.

• Al Nawras Marsa: Completion of design and beginning of construction phases.

Technological Platform and Innovation

Proprietary Technologies

The group utilizes advanced construction technologies, real estate management software, and automotive diagnostic tools to enhance service delivery and operational efficiency.

Significant Scientific Methods

• Real Estate Management: Utilization of data analytics for market analysis and property management.

• Automotive Services: Implementation of advanced diagnostic and repair technologies.

AI-Driven Capabilities

While specific AI applications are not detailed, the group is known to adopt innovative technologies to improve business processes and customer experiences.

Leadership Team

Executive Profiles

• H.E. Abdulrahman Hassan Sharbatly: Chairman of the Board. A distinguished leader with a history of significant contributions to Saudi Arabia's economic and social development.

• Mr. Mohammed Wajih Sharbatly: President & CEO of SAMACO Group, Board Member of AlNahla Group. Oversees automotive operations and strategic initiatives.

• Mr. Sultan Wajih Sharbatly: Board Member. Involved in strategic decision-making and governance.

• Mr. Hasan H. Sharbatly: Board Member. Contributes to the group's strategic direction and oversight.

Leadership Changes

Recent appointments include:

• H.E. Ihsan Bafakih: Appointed as Executive Vice Chairman, bringing expertise in leadership and investment strategy.

• Eng. Sami Al Makhdoub: Appointed as CEO of the Real Estate Cluster, focusing on enhancing performance and institutional structure.

Market Insights and Competitor Profile

The Saudi Arabian market features rapid urbanization, a growing population, and a strong commitment to economic diversification under Vision 2030. This environment fosters opportunities in real estate development, automotive services, and hospitality sectors.

Competitor Analysis

• Alfanar Projects: A Saudi-based company operating in energy, water, and infrastructure sectors, contributing to Vision 2030 through renewable energy and digital transformation initiatives.

Strategic Collaborations and Partnerships

• Saudi Tourism Development Fund: Partnership to develop and operate tourism projects in Saudi Arabia, aligning with Vision 2030.

• Tarfeeh Fakieh: Collaboration to develop and operate Al Nawras Marsa in Jeddah, enhancing leisure and entertainment offerings.

Operational Insights

AlNahla Group's diversified portfolio and strategic partnerships position it to leverage market opportunities and mitigate competitive pressures. Its focus on sustainable development and innovation provides a competitive edge in the evolving market landscape.

Strategic Opportunities and Future Directions

Strategic Roadmap

• Expansion of Real Estate Projects: Developing large-scale residential and commercial hubs to meet growing urban demand.

• Enhancement of Automotive Services: Introducing new luxury car brands and expanding service centers.

• Growth in Hospitality Sector: Developing new hotels and leisure facilities to cater to increasing tourism.

Future Business Directions

The group aims to strengthen its presence in existing markets and explore new opportunities in line with Vision 2030, focusing on sectors such as renewable energy, technology, and healthcare.