Albwardy Investment was founded by Ali Saeed Juma Albwardy. Today, it operates in over 20 countries across the Middle East, Africa, Europe, and South America, with a portfolio of more than 30 companies. The group employs more than 10,000 people. The group operates in retail, hospitality, and industrial, representing brands such as Spinneys, Waitrose, Four Seasons, Nestle, Meliá Hotels and Resorts, and Henkel. In 2020, ASB Hospitality Zimbabwe, a subsidiary of Albwardy Investment, acquired the 312-bed five-star Meikles Hotel in a $20 million deal.