NEOM Residential Community 5, aerial view

A credible partner in building societies, a pioneer in connecting regions.

A Saudi family group building and operating the infrastructure the Kingdom depends on, since 1990.

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NEOM Residential Community 5 10,000 beds Delivered 2025 NEOM Residential Community 9 10,000 beds Delivered 2025 Madinah-3 ISTP 200,000 m³/day Operating Buraydah-2 ISTP 150,000 m³/day Operating Tabuk-2 ISTP 90,000 m³/day Operating Al Ansar Hospital 244 beds Completion 2027 Tafila Wind Farm 117 MW · Jordan Operating M1 full marine logistics · 16 vessels Ongoing Red Sea Global logistics 12 vessels Completed NEOM passenger operations 6 vessels Ongoing Jizan–Farasan ferries 5 vessels Ongoing Al Blagha Group Headquarters Tower In development Holiday Inn Express In development Al Madinah Towers In development Sky Plaza In development North Jeddah Development In development Manazel Al Woroud 1–3 Delivered Alexandria International Container Terminal Operating since 2005 Investment funds Ongoing Financial investments Ongoing

To preserve our family legacy by acting as responsible stewards of our capital and values, ensuring the creation of lasting impact.

The purpose of Al Blagha Group

Founded in Riyadh in 1990 by Sheikh Ahmed Hamdan Albalwi, the group built Saudi Arabia's first GSM network, then went to sea, then into ports, real estate, water, healthcare and data centres. More than 500 people now work across the group, delivering for NEOM, Aramco, SWPC, the Ministry of Health and Red Sea Global.

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36
Years of experience
500+
Employees

Four verticals. One balance sheet.

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Outside the verticals

ABG Investments is not an operating vertical. It holds what the group owns beyond the four: the international port stake, investment funds and financial investments. ABG Investments

What that means

Each vertical bids with the full backing of the group: shared prequalifications, cross-guarantees and one consolidated financial position.

From the Kingdom's first GSM network to NEOM.

Thirty-six years, read in order.

An agreement signed at the start of the group's work, 1990
1990 · Founding
The Al Woroud real-estate office
2011 · Al Woroud
The Tamasuk Holding office
2018 · Tamasuk
1990

Founded by Sheikh Ahmed Hamdan Albalwi

The beginning of a legacy in Saudi Arabia.

1991

Built Saudi Arabia's first GSM network

A landmark in national telecommunications.

1995

Shipping operations begin on the West Coast

Entry into maritime logistics.

1996

Ports operations and logistics division

Expansion into ports; launch of logistics.

2005

First international port operations · AICT, Egypt

The group's first operations abroad.

2008

Jeddah Shipyard begins operating

The only shipyard on the West Coast.

2011

Al Woroud Real Estate established

Diversification into real estate development.

2018

Tamasuk Holding established

A dedicated infrastructure investment platform.

2020

Tamasuk Data Centre 1 in operation

Entry into digital infrastructure.

2025

ISTPs and NEOM communities in commercial operation

Tabuk, Buraydah and Madinah plants; NRC 5 and 9.

2027

Al Ansar Hospital completion

Scheduled operation of the 244-bed hospital.

Riyadh, and three continents.

Operations and pursuits in seven countries, from the Alexandria container terminal and the Tafila wind farm to vessel charters off Angola.

  • 01Saudi Arabia · headquarters
  • 02Egypt
  • 03Jordan
  • 04United Arab Emirates
  • 05Angola
  • 06Malta
  • 07Papua New Guinea
Map of the group's geographic coverage

Newsroom

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Fares Albalwi

A family-owned group, governed for the long term.

Fares Albalwi · Chairman

The board sets investment policy and risk appetite. Dedicated management teams run each vertical with full accountability for its results, supported by group functions for finance, legal and health, safety and environment.

Leadership and governance

Building with the Kingdom, for the long term.

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