Company Profile

Company Info

FAMA Holdings

Riyadh, Saudi Arabia

Phone: 966 11 462 6284
Web Site: www.fama.com.sa


Company Description:

FAMA IS AN INVESTMENT HOLDING GROUP BASED IN RIYADH, SAUDI ARABIA, FOUNDED IN 1994 BY PRINCES FAISAL AND ABDULAZIZ BIN FAHAD. FAMA OVERSEES A GROUP OF OPERATING COMPANIES IN ADDITION TO ACTIVE INVESTMENTS IN RELATED SECTORS. FAMA’S INVESTMENTS SPAN SECTORS INCLUDING AGRICULTURE, REAL ESTATE, HOSPITALITY, TECHNOLOGY, EDUCATION & HEALTHCARE, AND OIL & GAS IN SAUDI ARABIA AND ABROAD.
 
Vision
 
We improve the lives of our customers and stakeholders as we elevate the quality of products and services provided by our portfolio companies by taking an active role in helping them embrace and achieve excellence in everything they do.
 
Mission
 
To become one of the best in class investment holding companies in Saudi Arabia by investing in exceptional growth and Greenfield companies. We target various sectors where sustainable long-term returns and synergies can be created. We take pride in actively participating in the management, development, and growth of our investments to reach the long-term objectives of our shareholders.
 
Founder Message
 
In 1994, about 20 years ago, the idea to establish FAMA Holding Company was born to run the then small companies, mainly Sunset Beach Resort and Agricultural Investments. The objectives were to create an investment theme in which these companies are managed according to the best management practices, and are joined with new investments in related sectors so that value-adding synergies could be created. The aspirations were limitless, with equal focus on maximizing shareholders' value, as well as creating the maximum impact on our society.
 
As FAMA continued to grow, its business units grew to be leading players in their respective sectors. This was made possible by the sharp vision upon which FAMA was established. FAMA grew from 5 investments in 1995 to 10 in 2005, and back to 6 investments for the time being. Such growth came as a result of the hard and dedicated work of the people of FAMA, based on a set of key values that made us what we are today. Our values are integrity, trust, selflessness, and hard work. It is these values that kept us always aspiring for more growth; a growth whose outcomes flow back to our society and then to the shareholders.
 
We will continue to build on what we have accomplished throughout the years; with the same core values, but with a dynamic and flexible approach to the ever rapidly-changing business environment today. The know-how and experience that FAMA has accumulated during the past 20 years is an invaluable asset through which we will continue to lead the market in our respective company sectors. Our plans are ambitious, our ambitions are limitless, and we will continue to strive for excellence in everything we do.
 
Chairman and Founder
 
CEO Note
 
FAMA is not just another holding company; it is a name, a passion, and a set of values that drive us to grow, succeed, and excel at what we do. Since its inception, FAMA's growth options have been chosen based on their long-term sustainability, and overall returns not only to shareholders, but also to the people of Saudi Arabia. The desire to grow while creating the maximum impact on our community has always motivated us. It is that moment when we see our customers happy, and our competitors competing with us to push the standards higher.
 
Our investments are dispersed among different yet synergistic sectors. We choose our new investments carefully to make sure that there will be an extra value added from synergy with existing investments in our five investment platforms. Rigorous analysis and sophisticated thinking is done every time we see a new opportunity, or whenever we face a challenge with our existing investments. For that, only the best investments are made; the ones that give us a reason to continue to do this.
 
The coming years are filled with excitement. The booming economy of Saudi, the drive to diversify, and the favorable consumer dynamics are strengthening the foundation upon which the success and growth of FAMA has been built. We have ambitious plans to continue investing in our existing platforms, and slowly diversify through synergistic opportunities.
 
All of this would not have been possible if it was not for the people that work at FAMA. This is why we see our human capital as the most important asset. And we will continue to ensure that the organizational culture at FAMA stirs out-of-the-box thinking, innovation, and creative problem-solving. Our team is comprised of highly intellectual individuals that are self-driven and success-oriented. For that, the standards will be high at everything we do, and that is what makes FAMA a unique company.
 
CEO,
HH Prince Khaled Al Saud
 
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