Othaim Investment Company obtains financing exceeding SAR 3 billion
Othaim Investment Company signed an agreement with the Saudi National Bank under which it will obtain Sharia-compliant banking facilities worth SAR 3.06 billion to finance its expansion projects, within the framework of the strategic cooperation partnership between the two parties.
Bandar Al-Buhayri has been appointed as the CEO and Managing Director of Abdullah Al-Othaim Investment Company.
Bandar Al-Buhayri has been appointed as the CEO and Managing Director of Abdullah Al-Othaim Investment Company.
Honoring Al Othaim investment company at the future of Real Estate Forum
Honoring Al Othaim investment company at the future of Real Estate Forum
Al Othaim investments is a strategic partner of the "future of Real Estate Forum"
Al Othaim investments is a strategic partner of the "future of Real Estate Forum" in its fourth edition in Riyadh
Othaim employees honoring ceremony
In an atmosphere full of friendliness and appreciation, Al Othaim Investment Company organized its annual ceremony to honor its employees, with the attendance of a large number of the group's employees, in response to the dinner invitation held at the home of His Excellency the Chairman of the Board of Directors, (Sheikh Abdullah bin Saleh Al Othaim), with the participation of the Vice Chairman of the Board of Directors (Mr. Bandar bin Suleiman Al Buhairi), and the CEOs of the affiliated companies. The ceremony included a special honoring of the employees in appreciation of their sincere efforts and their strong loyalty to the company during the past year, where appreciation shields and certificates of honor were distributed to the honorees. In a speech delivered by Mr. Bandar Al Buhairi, he announced the disbursement of the annual incentive to all employees without exception, expressing the appreciation of the senior management for the great role played by everyone in achieving the company's continuous successes. The ceremony also witnessed active participation from sister companies, which presented distinctive gifts to the attendees, which added an atmosphere of joy and harmony to this event that reflected the spirit of cohesion among all members of the group's family.
The opening of the first branches of Othaim Sports Academies in Othaim Mall: a step towards achieving the Kingdom's Vision 2030
In a step that reflects its commitment to the Kingdom's Vision 2030 and the Quality of Life Program, Othaim Sports Company, a subsidiary of Othaim Investment Group, opened today the first branch of its sports academies in Othaim Mall Rabwa and Othaim Mall Khurais, to become a prominent landmark in the world of sports in the Kingdom by providing advanced facilities and global partnerships aimed at building distinguished sports generations. And honored by the Chairman of the Board of Directors of Othaim Investment Company Sheikh (Abdullah bin Saleh Al-Othaim), Mr. Bandar Al-Buhairi, Vice Chairman of the Board of Directors, Mr. Abdul Majeed Abdullah Al-Othaim, member of the Board of Directors, and many of the company's heads and various sectors. Othaim Sports Company seeks to establish and operate integrated international sports academies in all cities of the Kingdom, to provide a variety of sports for all age groups, including children, youth, and the elderly. Emphasizing its commitment to society, Sheikh Abdullah bin Saleh Al-Othaim, Chairman of the Board of Directors of Othaim Investment Company, approved the provision of free lifetime subscriptions for the Kingdom's children of determination and special needs, as part of its efforts to support inclusiveness and enable all groups to practice sports. The academies feature strategic partnerships with international operators, prestigious sports brands and world champions, ensuring the highest standards of training and the use of the latest technology to enhance physical strength and fitness. Local and international talent will also be attracted, with the aim of discovering and developing sports talent in the Kingdom. The company also announced its ambitious future plans, where strategic projects with sports areas exceeding 40,000 square meters will be implemented in various cities of the Kingdom, with investments of up to 130 million riyals over the next two years. Commenting on this achievement, the CEO of Othaim Sports Company (Eng. Almohannad Al-Zubi) said, "We believe that sport unites people around the world. Through Othaim Sports Academies, we aspire to make a positive impact not only locally, but also philanthropic and sporting initiatives globally." This step is the beginning of a long journey of work to develop sports and enhance the quality of life in the Kingdom, reflecting Othaim Company's commitment to contribute to achieving Vision 2030 and providing a world-class sports experience for all members of society.
Opening of Noir Cinema Branch in Khafgi City
With great pride, we announce the grand opening of the first Noir Cinema branch in Khafgi City, under Al Othaim Investment Company. This modern cinema aims to redefine the movie-watching experience for our community. With the latest films, cutting-edge technology, and comfortable seating, Noir Cinema seeks to create a unique atmosphere for film lovers. Join us to celebrate this achievement and bring the magic of cinema closer to home. We look forward to welcoming everyone to enjoy thrilling movies and unforgettable moments!
Princess Nourah bint Faisal Discusses the Role of Culture in Enhancing the Retail Sector at MENA 2024 Conference
The CEO of Al-Othaim Cultural Company, Princess Nourah bint Faisal Al Saud, spoke in an important session during the 2024 MENA Conference for Shopping Centers and Retail Stores in Riyadh about modern retail assets and the role of culture in enriching the sector and growth opportunities for shopping centers. She also reviewed the latest trends, challenges, and solutions in the retail sector and its role in Saudi Arabia's Vision 2030.