THE MIDDLE EAST’S
5. Olayan Financing Company (OFC)
Chair of the Executive Committee & Deputy Chair: Lubna S. Olayan
Established: 1947
Country: Saudi Arabia
OFC is the parent company of the Olayan Group’s business in Saudi Arabia, the Middle East, Türkiye, and India. In September 2025, OFC partnered with Ennismore to launch Mondrian Riyadh Al Malga, the first Mondrian hotel development in Saudi Arabia. In December 2025, Advanced Metals Company (AMCO), a subsidiary of Olayan Saudi Holding Company, inaugurated an energy-sector components manufacturing facility in King Salman Energy Park (SPARK). In 2026, OFC made a minority equity investment in MS Pharma.