About AlDowayan Holding
Fifty years since its founding, AlDowayan Holding has emerged as a pioneering company in real estate and investment, with a creative vision and extended insight. It derives its strength from its deep-rooted history and legacy established by the founding father, Shaikh Ali AlDowayan, forming, with his wisdom and ingenuity, a new and different line of investment and economics. Devising a thoughtful approach that delved deeply into the market to respond to the needs of individuals and communities, AlDowayan Holding reshaped investment concepts and created successful and advantageous aspects to add exceptional value to sustainable development and investment.
Vision
Mission
Values
الاستدامة: We strive to develop our business to serve the needs of people, the environment, and future generations
الابتكار: We harness human and material potentials to analyze and utilize the latest knowledge and insight about people and markets
المصداقية والشفافية: We strengthen governance procedures and clarity at all levels to avoid errors and deviations and optimize decision-making processes and their application
التنوع:We are keen to diversify our human resources and investment orientations, sectors, and sources of income
Values
Diversity
We are keen to diversify our human resources and investment orientations, sectors, and sources of income
Credibility
We strengthen governance procedures and clarity at all levels to avoid errors and deviations and optimize decision-making processes and their application
Innovation
We harness human and material potentials to analyze and utilize the latest knowledge and insight about people and markets
Sustainability
We strive to develop our business to serve the needs of people, the environment, and future generations
Integration
We maintain our investment and development leadership through an insightful futuristic vision and growing expertise and potentials
In Jubail, at the end of the Thirties of the last century, Shaikh Ali Abdulaziz AlDowayan started his business at an early age in the eastern province, specifically in the textile sector, where he was selling part of his trade in Qatif. AlDowayan soon switched his activity to a more vital sector, which is the trade of foodstuffs, but he realized early on that it was not the right trade for him. Consequently, AlDowayan moved from Jubail to Dammam, which was and still is the most important commercial center in the eastern province, to start importing goods from the Netherlands and America, taking advantage of his extensive relations with foreign companies and financial institutions in Dammam.
Shaikh Ali Abdul Aziz AlDowayan began a new chapter in his business journey in the middle of the 1970s (1385 Ah) when he vigorously entered the real estate industry. Out of concern about the pace of capital turnover, AlDowayan has devised his own approach to the real estate industry, which involves buying and selling rather than owning real estate. AlDowayan overcame all obstacles and became one of the most renowned real estate merchants in the area due to his ability to successfully implement this adaptable strategy.
AlDowayan Trading Establishment changed its legal status to a joint stock company in 2012 so that it could expand its brands and commercial endeavors under the holding company's aegis with more organization and assurance. A strategy that combines quality and size in all investment areas in the Kingdom of Saudi Arabia has allowed AlDowayan Holding to achieve profitability and ongoing expansion.
AlDowayan Holding's competence was crystallized five decades ago, during which time it made obvious gains and purposely expanded to evolve into its present size and status. The concept of creating a commercial market to satisfy the ever-growing shopping and entertainment demands of the people in Al Dammam first emerged in 1990. The marketplace's design centered around bringing together new brands while maintaining traditional vibes in adaptable commercial spaces and developing a welcoming shopping experience for a younger and more affluent Saudi generation. Al Hayat Plaza is now one of the most popular tourist destinations in the eastern area, thanks to AlDowayan's futuristic vision. This vision has also encouraged AlDowayan Holding to move forward towards more innovation in real estate development.
AlDowayan Holding works to incorporate the Saudi Vision 2030 goals into the core of its corporate vision and in all investment sectors it operates. It aspires to play a significant role that supports the achievement of these objectives, particularly in real estate development and investment, by developing sustainable investment concepts for housing, urban development, entertainment, and real estate investments with multiple uses.
Trailblazing a Brilliant Future
Since the launch of our business more than fifty years ago, at the hands of our late father, Shaikh Ali bin Abdulaziz AlDowayan, AlDowayan Holding's journey has witnessed several qualitative leaps, which enabled it to build on the story of success and compassion woven by our resourceful founder, opening a lot of promising opportunities in multiple commercial and investment sectors and spreading throughout the regions of the kingdom.
Our actions are inspired by the values and lessons that were passed on to us by our late father. Today we are navigating based on them, but with a broader vision, greater efficiency, a faster rhythm, and more confidence. Today, we see the fruits of our hard work in the real estate and investment sectors in the form of growing expertise, skilled manpower, achievements, and synergic capabilities in a dynamic work environment. All of these accomplishments were achieved by an experienced, visionary, and entrepreneurial board of directors, supported by experienced management and governance committees.
The management of AlDowayan Holding is always striving to maximize the benefits and advantages that we provide to our partners at all levels, to gain their satisfaction and enhance their confidence in our business strategies and achievements, as well as work to empower the community and promote the principles of social and environmental responsibility in all our activities and brands.
For the sake of the future of all of us, we will continue to work together as one cohesive team, building an effective strategy aimed at the sustainability of the company, wealth creation, and contributing to the development of society in line with the kingdom's Vision 2030.
Building a Diverse Realty and Investment Portfolio
In the changing and challenging world of business and markets, AlDowayan Holding Company was able to make consistent progress and reach its objectives with high-quality performance at all levels and in many business areas.
The AlDowayan Holding team draws on its intense passion for real estate investment and growing experience to develop urban concepts with a variety of uses and sizes that enhance the real estate market and give customers the best choices in the residential, commercial, industrial, and property management sectors. This expands the relevance of our brands' growth beyond their tangible effects, focusing instead on the potential for economic, social, and recreational development outcomes and what we might accomplish to raise societal standards of living and well-being.
Our corporate philosophy, which is founded on our varied experiences and our objectives drawn from the Kingdom's Vision 2030, encourages us to innovate and accomplish more. Our team was able to accelerate the company's growth, increase the wealth of the owners, and win the respect and confidence of partners and clients through its harmonious interaction and upward performance characterized by improving governance achievements and diversifying the real estate and investment portfolio. This represents a significant advancement by our driven and specialized team, which opened the door for expanding development avenues and fields by forming fruitful alliances and making quality investments in other industries like hospitality, media, and cutting-edge technologies to support AlDowayan Holding's strategic goals.
In conclusion, our confidence in our future vision and capabilities drives us towards ongoing development and improvement to achieve higher levels of growth and sustainability. This shall be carried out by purposefully monitoring and measuring our performance quality to enable our organization to successfully accomplish its immediate and strategic goals.
AlDowayan Holding strives to have a positive influence on all aspects of the world in which it operates, including people, society, and the environment, through the impact of its business practices. This is because we believe in the ethics of institutional performance and are committed to helping all groups develop economically and socially. We are also invested in improving the quality of life for the workforce, their families, and local communities. In order to assist all members of society, AlDowayan Holding collaborates with a number of local institutions, including the Ali Bin Abdulaziz AlDowayan Endowments Foundation and its online platform.
In order to maximize prospects and outcomes of success and satisfaction for all stakeholders, including partners, owners, and end users, AlDowayan Holding seeks to develop broad, diverse, strategic local and international partnerships with active organizations in various sectors. These partnerships are based on the integration of activities, the exchange of expertise, mutual benefit from capabilities, penetration, and forecasting future market trends.
