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Company type | Private |
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Founded | 1947; 78 years ago (1947) |
Founder | Suliman S. Olayan |
Headquarters | , |
Key people | Khaled S. Olayan(director) Hutham S. Olayan(director) Lubna S. Olayan(director) |
Website | http://www.olayan.com |
The Olayan Group is amultinational enterprise established in 1947[1][2] by Saudi Arabian businessmenSuliman S. Olayan (5 November 1918 – 4 July 2002), with an actively managed portfolio of global investments. The group's primary parent company,Olayan Investments Company Establishment (OICE), is headquartered inVaduz,Liechtenstein.[3] The Group also has international offices inNew York,London,Luxembourg,Vienna,Athens,Riyadh, andSingapore.[4] The Group’s parent forMENA investments and operations, Olayan Financing Company (OFC), is based inRiyadh. The Olayan Group invests internationally in bothpublic andprivate equities, including real estate, as well asfixed income securities. Its multibillion-dollar portfolio is concentrated inNorth America,Europe,Asia and theMiddle East.
The Olayan Group traces its origins back to the General Contracting Company (GCC), founded to work on the construction of theTrans-Arabian Pipeline alongside the American contracting companyBechtel.[5] In the 1950s, Olayan createdtrading andinsurance companies, and began investing inNew York City andLondon markets. Since then, the group has diversified its activities with the establishment of affiliates and partnerships in many industries.[6]
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