Middle East

Al Nahla Group: Outstanding Contribution to Economic Diversification Saudi Arabia 2024

Al Nahla Group is a family-owned conglomerate that has played a significant role in Saudi Arabia’s economic development and diversification efforts. Over several decades, the group has built a diverse portfolio spanning key sectors such as real estate, automotive distribution, and investments. Al Nahla’s approach is deeply rooted in community service, with one-third of its net income dedicated to a foundation supporting education, healthcare, and social initiatives. The group is recognised for its values-driven leadership, led by successive generations that maintain a commitment to ethical business practices and corporate governance. Additionally, the group’s longstanding partnerships with global brands such as Porsche and Audi underscore its credibility and reliability in the marketplace. Al Nahla’s transformation from a traditional family office into a modern, well-governed entity reflects its forward-thinking approach, ensuring sustainable growth while aligning with Saudi Vision 2030. Its strategic focus on economic diversification is complemented by its commitment to social responsibility, making it a pillar of both the business and local communities. Furthermore, its diversification into renewable energy, food & beverage, and flagship real estate projects highlights its adaptability to market demands. The group’s long-term partnerships, community-driven initiatives, solid corporate governance, and involvement in landmark national projects exemplify its leadership in driving economic transformation. Through innovation and sustainability, Al Nahla Group continues to contribute significantly to Saudi Arabia’s future growth. The CFI.co Judging Panel congratulates Al Nahla Group on winning the 2024 award for Outstanding Contribution to Economic Diversification (Saudi Arabia).

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