AOIC is one of the largest shopping mall operators in the Kingdom of Saudi Arabia and is the largest operator in secondary cities. The Company was established as a Saudi closed joint-stock company with a share capital of SAR 1,000,000,000 divided into 100,000,000 Shares with a nominal value of SAR 10 per Share. The Company aims to ensure sustainable operations and attractive profits for its shareholders through the ownership, development, and management of its malls, attracting top local and international brands.
The Company offers a diversified range of mall, entertainment, retail, food and beverage, and cinema businesses. Its strategic focus on leadership in untapped areas in the Kingdom equates to the Company’s market leadership in small and medium cities, where its positioning provides a high barrier to competition, with a targeted offering in major cities.
The Company benefits from a strong market ecosystem resulting in favorable capital market conditions, in parallel with supportive market dynamics and driven by Vision 2030 economic diversification initiatives. The IPO will provide an important strategic dimension to propel the Company’s growth strategy.
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Frequently asked questions
What industry is Abdullah Al Othaim Investment Co. in?
Abdullah Al Othaim Investment Co. operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is Abdullah Al Othaim Investment Co. based?
Abdullah Al Othaim Investment Co. is headquartered in Riyadh, Saudi Arabia.
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