Assila Investments
Top 100 Arab Family Businesses in the Middle East

Rank: 9

Assila Investments

Country: Saudi Arabia

Sector: Investments
Establishment: 2010

Chairperson: Abdullah Mohammed Al-Issa

Mohammed Al-Issa and Sons Holding was founded by Mohammed Al-Issa in 1970 and became Assila Investments in 2010. Al-Issa was one of the largest individual investors in the Saudi Stock Market. The company’s investments in Tadawul are worth $2.7 billion. It owns 8% of Riyad Bank valued at $1.6 billion, 11.2% of Savola valued at $677 million, 27.1% of Dur Hospitality valued at $227 million, and 16.7% of Taiba Investments valued at $231 million as of April 2021. Abdullah Mohammed Al-Issa also chairs Riyad Bank and Dur Hospitality, and he is the vice chairman of Mobily and Clariant. He is a board member for SABIC.