Olayan Group facts for kids
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| Private | |
| Founded | 1947 |
| Founder | Suliman S. Olayan |
| Headquarters | , |
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Key people
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Khaled S. Olayan (director) Hutham S. Olayan (director) Lubna S. Olayan (director) |
The Olayan Group is a big international business. It was started in 1947 by Suliman S. Olayan, a businessman from Saudi Arabia. This group manages many investments around the world. Its main company, Olayan Investments Company Establishment (OICE), is located in Vaduz, Liechtenstein.
The group also has offices in other major cities. These include New York, London, Luxembourg, Athens, Riyadh, and Singapore. The Olayan Group invests in many different things. This includes public and private companies, real estate, and other financial products. Their investments are worth billions of dollars. They are mainly in North America, Europe, Asia, and the Middle East.
How The Olayan Group Started
The Olayan Group began with a company called the General Contracting Company (GCC). This company was founded to help build the Trans-Arabian Pipeline. This was a very important project. It involved working with an American construction company called Bechtel.
In the 1950s, the Olayan Group grew even more. They created companies that focused on trading and insurance. They also started investing in big financial markets. These markets were in New York City and London. Since then, the group has expanded into many different types of businesses. They have created new companies and formed partnerships in various industries.
