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Core Sectors

Almutlaq Group’s holdings extend beyond the business disciplines of its subsidiaries. Our investment philosophy is distinguished by the beliefs we abide by.

Working together, our investment committee and executive board arrive at business decisions that we are confident will achieve the profitability and sustainability expected by our stakeholders.

We continue to expand our core holdings through organic growth and new business development via acquisition or green field ventures, while maintaining our same principles of quality, integrity and family values. Other fields include Food,cooling & disctrict cooling, Media and Utilities and we plan to continue to move into wider endeavours with the same vision and strategy.

About Almutlaq Group

Almutlaq Group is a closed joint stock company registered in Riyadh, Saudi Arabia. We have established and maintained a distinguished name in every field of our endeavors; which is illustrated through the highest quality of product, service and business for over 60 years.


Industrial ventures played an important role in Almutlaq Group’s success and diversification, and we have identified and focused our efforts into specific areas of manufacturing; including the largest paper, plastics and automotive battery production factories in Saudi Arabia in addition to various consumer product, petrochemical, and agricultural ventures.

We are proud of our success both as a result of joint ventures with established international names and playing a founding role in green field ventures.


As a group we always consider this as a core sector. Banking, insurance and financing are critical pillars essential to economic growth and prosperity

We actively participate in all these sectors through listed or non-listed companies, both as founding shareholders and investors.

Real Estate

We invest in real estate and development of real estate throughout the Kingdom of Saudi Arabia with a commitment to long term ownership and management of a high quality portfolio.

Our successes in the field are based on quality and working together with partners to provide individualised solutions, supporting both multinational and local clients.



Our origins as the first nationwide furniture retailer in Saudi Arabia have been nurtured and expanded to providing a quality product that is easily available to all households in Saudi Arabia, still synonymous with the family name of Al Mutlaq.