Olayan Group: Difference between revisions
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{{Short description|Multinational corporation}} |
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| name = Olayan Group<br /><big>مجموعة العليان</big> |
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| founder = [[Sulaiman S. Olayan]] |
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| founder = [[Suliman S. Olayan]] |
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| location_country = [[Liechtenstein]] |
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| key_people = [[Lubna Olayan and Khaled S. Olayan]] <small>(Chairman)</small> |
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| key_people = [[Khaled S. Olayan]] <small>(director)</small><br> [[Hutham S. Olayan]] <small>(director)</small><br> [[Lubna S. Olayan]] <small>(director)</small> |
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'''The Olayan Group''' is a [[Multinational corporation|multinational]] enterprise established in 1947<ref>{{cite web |url= http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=5478579 |archive-url= https://web.archive.org/web/20081211115131/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=5478579 |url-status= dead |archive-date= December 11, 2008 |title=The Olayan Group: Private Company Information|work=Businessweek|access-date=29 August 2012}}</ref><ref>{{cite web|title=Company Overview of The Olayan Group|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=5478579|website=bloomberg.com|access-date=24 May 2017}}</ref> by Saudi Arabian businessmen [[Suliman S. Olayan]] (5 November 1918 – 4 July 2002), with an actively managed portfolio of global investments. The group's primary parent company, [[Olayan Investments Company Establishment]] (OICE), is headquartered in [[Vaduz]], [[Liechtenstein]].<ref>{{Cite web|title=Olayan Investments Company Establishment {{!}} Olayan|url=https://www.olayan.com/olayan-investments-company-establishment|access-date=2022-02-24|website=www.olayan.com}}</ref> The Group also has international offices in [[New York City|New York]], [[London]], [[Luxembourg City|Luxembourg]], [[Vienna]], [[Athens]], [[Riyadh]], and [[Singapore]].<ref>{{Cite web|title=About {{!}} Olayan|url=https://www.olayan.com/about|access-date=2022-02-24|website=www.olayan.com}}</ref> The Group’s parent for [[MENA]] investments and operations, Olayan Financing Company (OFC), is based in [[Riyadh]]. The Olayan Group invests internationally in both [[Public equity|public]] and [[Private equity|private equities]], including real estate, as well as [[Fixed income|fixed income securities]]. Its multibillion-dollar portfolio is concentrated in [[North America]], [[Europe]], [[Asia]] and the [[Middle East]]. |
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'''The Olayan Group''' ({{lang-ar|مجموعة العليان}}), is a [[Saudi]] [[Conglomerate (company)|conglomerate]] established in 1947<ref>{{cite web |url= http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=5478579 |title=The Olayan Group: Private Company Information|work=Businessweek|accessdate=29 August 2012}}</ref> by [[Sulaiman S. Olayan]] (5 November 1918 - 4 July 2002). His son Khaled S Olayan (born July 1945)<ref>[http://www.olayan.com Olayan Group]/</ref> and his three daughters [[Lubna Olayan|Lubna]], Hayat and Hutham Olayan all sit on the Board of The Olayan Financing (OFC) the holding entity for the Olayan Group's operations in the Kingdom of Saudi Arabia and the Middle East. The Olayan Group traces its origins back to the General Contracting Company (GCC), founded to work on the construction of the [[Trans-Arabian Pipeline]] alongside the American contracting company [[Bechtel]]. In the 1950s, Olayan created [[Trader (finance)|trading]] and [[insurance]] companies, and began investing in [[New York]] and [[London]] markets. Since then, the group has diversified its activities with the establishment of affiliates and partnerships in many industries. Currently, the Group has activities in construction, trading, food processing and restaurants, cleaning products, paper, plastics & fiber, office equipment and other industries. The Group is also the bottler and distributor of Coca-Cola in Saudi Arabia. Among the Group's international partners are [[AlphaGraphics]], [[BP Solar]], [[Credit Suisse]], [[Carrefour]], [[HSBC]], [[JP Morgan]], [[Chase (bank)|Chase Manhattan]], [[Coca-Cola]], [[Bechtel]], [[Morgan Stanley]], [[Goldman Sachs]], [[Kimberly-Clark]], [[Sama Airlines]], [[Colgate-Palmolive]], [[CS First Boston]], [[Toshiba]], [[Xerox]], [[Burger King]], [[Kraft Foods]], [[Baxter International]], [[Occidental Petroleum]], [[Cardinal Health]], [[Scania AB]] and much more. The Olayan Group created this video history for its 50th Anniversary in 1997. |
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The Olayan Group traces its origins back to the General Contracting Company (GCC), founded to work on the construction of the [[Trans-Arabian Pipeline]] alongside the American contracting company [[Bechtel]].<ref>{{Cite web|title=About|url=https://www.gccolayan.com/about|access-date=2022-02-24|website=GCC Olayan|language=en}}</ref> In the 1950s, Olayan created [[Trader (finance)|trading]] and [[insurance]] companies, and began investing in [[New York City]] and [[London]] markets. Since then, the group has diversified its activities with the establishment of affiliates and partnerships in many industries.<ref>{{Cite web|title=About {{!}} Olayan|url=https://www.olayan.com/about|access-date=2022-02-24|website=www.olayan.com}}</ref> |
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The Olayan Group invests internationally in both public and [[Private equity|private equities]], including real estate, as well as in fixed income securities. Its multi-billion-dollar portfolio is concentrated in [[North America]], [[Europe]], [[Asia]] and the [[Middle East]]. The Group prides itself on its global perspective in its approach to investing across asset classes and geographies. |
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==References== |
==References== |
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{{Reflist}} |
{{Reflist}} |
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==External links== |
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* [http://www.olayan.com Official website] |
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{{Burger King}} |
{{Burger King}} |
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[[Category:1947 establishments in Saudi Arabia]] |
[[Category:1947 establishments in Saudi Arabia]] |
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[[Category: |
[[Category:Conglomerate companies established in 1947]] |
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[[Category:Companies of Saudi Arabia]] |
[[Category:Companies of Saudi Arabia]] |
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[[Category:Olayan family]] |
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Latest revision as of 22:18, 27 July 2024
This article needs additional citations for verification. (November 2006) |
Company type | Private |
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Founded | 1947 |
Founder | Suliman S. Olayan |
Headquarters | , |
Key people | Khaled S. Olayan (director) Hutham S. Olayan (director) Lubna S. Olayan (director) |
Website | http://www.olayan.com |
The Olayan Group is a multinational enterprise established in 1947[1][2] by Saudi Arabian businessmen Suliman S. Olayan (5 November 1918 – 4 July 2002), with an actively managed portfolio of global investments. The group's primary parent company, Olayan Investments Company Establishment (OICE), is headquartered in Vaduz, Liechtenstein.[3] The Group also has international offices in New York, London, Luxembourg, Vienna, Athens, Riyadh, and Singapore.[4] The Group’s parent for MENA investments and operations, Olayan Financing Company (OFC), is based in Riyadh. The Olayan Group invests internationally in both public and private equities, including real estate, as well as fixed income securities. Its multibillion-dollar portfolio is concentrated in North America, Europe, Asia and the Middle East.
The Olayan Group traces its origins back to the General Contracting Company (GCC), founded to work on the construction of the Trans-Arabian Pipeline alongside the American contracting company Bechtel.[5] In the 1950s, Olayan created trading and insurance companies, and began investing in New York City and London markets. Since then, the group has diversified its activities with the establishment of affiliates and partnerships in many industries.[6]
References
[edit]- ^ "The Olayan Group: Private Company Information". Businessweek. Archived from the original on December 11, 2008. Retrieved 29 August 2012.
- ^ "Company Overview of The Olayan Group". bloomberg.com. Retrieved 24 May 2017.
- ^ "Olayan Investments Company Establishment | Olayan". www.olayan.com. Retrieved 2022-02-24.
- ^ "About | Olayan". www.olayan.com. Retrieved 2022-02-24.
- ^ "About". GCC Olayan. Retrieved 2022-02-24.
- ^ "About | Olayan". www.olayan.com. Retrieved 2022-02-24.