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 Safi dairy of 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 Dairy earns Guinness World 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
Funded Tibbiyah and built a JV partnership with Philips Healthcare to expand medical-equipment distribution
Acquired 51% of Pharma International Company rebranded as Axantia
Co-founded Nuwa Capital our dedicated venture-capital arm, now managing over $350 M across 40+ start-ups
Conducted several strategic investments To support scaling businesses till IPO main one being a transformative investment in First Mills Company
Floated Tibbiyah (previously FMS) as a leader in solutions for the healthcare services sector
Launched Oncoclinicas KSA through a JV with Oncoclinicas Brazil
