Group founded in Riyadh by HRH Abdullah Al Faisal
Modern Electronics Company formed as the exclusive distributor of Sony, the first consumer-electronics partnership in KSA
Partnered with Hewlett-Packard to distribute computers and electronic devices
Established Al Safi Dairy which became the world's largest integrated dairy farm
Medical Systems FMS Established Al Faisaliah Medical Systems to support the nation’s growing healthcare infrastructure
Al Safi Guiness Word record for the world’s largest integrated dairy farm
Entered joint venture with Danone creating Al-Safi Danone to lead Middle East dairy innovation
Acquired Steak House chain under new Alfa Food Service business
Launched FBTC specialized in SAP implementation and IT services
Converted into a joint-stock company strengthening corporate governance
Formed JV with Accenture transforming FBTC into a global-standard consultancy
Tibbiyah formed a JV with Philips Healthcare consolidating AFG's healthcare activities under Tibbiyah and expanding medical equipment distribution.
Acquired 51% of Pharma International Company rebranded as Axantia
Conducted several strategic investments To support scaling businesses till IPO main one being a transformative investment in First Mills Company
Co-founded Nuwa Capital our dedicated venture-capital arm, now managing over $250M across 40+ startups.
Floated Tibbiyah (previously FMS) as a leader in solutions for the healthcare services sector
Launched Oncoclinic Established a Cancer care center in partnership with Dana-Farber Cancer Institute.
Business Gate, Building 19 (Qurtubah District)
Eastern Ring Road, P.O. Box 16460
Riyadh 11464, Saudi Arabia
