A family-owned group governed for the long term.
Al Blagha Group was founded in Riyadh in 1990 by Sheikh Ahmed Hamdan Albalwi. It builds and operates what the Kingdom relies on: water, housing, hospitals, ports, vessels and data centres. Four verticals work from one balance sheet, with ABG Investments alongside them.
To preserve our family legacy by acting as responsible stewards of our capital and values, ensuring the creation of lasting impact.
To be a credible partner in building societies and a pioneer in connecting regions.
To enable the Kingdom's vision through diversified infrastructure developments, innovative maritime transport, trusted real estate development and strategic investments.
Stewardship
Credibility
Partnership
Lasting impactThree chapters, one direction.
The group began as a national contractor and built Saudi Arabia's first GSM network in 1991. Shipping operations on the West Coast followed in 1995, then ports and logistics in 1996. In 2005 the group took its first position abroad, at the Alexandria International Container Terminal.
Jeddah Shipyard began operating in 2008, the only shipyard on the West Coast. Al Woroud was established in 2011 to develop and own real estate. In 2018 Tamasuk Holding was formed as a dedicated platform for public-private partnership infrastructure.
The first Tamasuk data centre went live in 2020. By 2025 three sewage treatment plants and two NEOM residential communities were in commercial operation. Al Ansar Hospital, the Kingdom's first healthcare PPP, completes in 2027.
The journey, year by year.
Founded by Sheikh Ahmed Hamdan Albalwi
The beginning of a legacy in Saudi Arabia.
Built Saudi Arabia's first GSM network
A landmark in national telecommunications.
Shipping operations begin on the West Coast
Entry into maritime logistics.
Ports operations and logistics division
Expansion into ports; launch of logistics.
First international port operations · AICT, Egypt
The group's first operations abroad.
Jeddah Shipyard begins operating
The only shipyard on the West Coast.
Al Woroud Real Estate established
Diversification into real estate development.
Tamasuk Holding established
A dedicated infrastructure investment platform.
Tamasuk Data Centre 1 in operation
Entry into digital infrastructure.
ISTPs and NEOM communities in commercial operation
Tabuk, Buraydah and Madinah plants; NRC 5 and 9.
Al Ansar Hospital completion
Scheduled operation of the 244-bed hospital.
Governed by a board. Run by accountable teams.
Fares Albalwi
Chairman
Mohammed Albalwi
Board Member and Group CEO
Faisal Albalwi
Vice ChairmanThe board sets investment policy and risk appetite. Dedicated subsidiary management teams run each vertical with full accountability for its results, supported by group functions for finance, legal and HSE.
An experienced board of directors provides strategic oversight and holds the group to its standards of integrity.
A portfolio across four verticals spreads exposure to market cycles and sector-specific risk.
Strict regulatory standards, with top-tier auditing firms engaged for full transparency.
Nomination and Remuneration Committee · Investment Committee · Audit Committee