Shamiekh Holding Group Explained

Shamiekh Holding Group
Native Name:مجموعة شامخ القابضة
Native Name Lang:ar
Former Name:Al Bayan Holding Group
Type:Conglomerate
Predecessors:-->
Successors:-->
Founders:-->
Hq Location City:Sulaiman Al Hamdan Street, as-Sulimaniyah, Riyadh 11551
Hq Location Country:Saudi Arabia
Area Served:Saudi Arabia
Kuwait[1]
Key People:Mohammad Al Hammad.
Owners:-->

Shamiekh Holding Group, formerly Al Bayan Holding Group[2] (Arabic: مجموعة البيان القابضة) is a Saudi-based business conglomerate headquartered in Riyadh, Saudi Arabia. Its subsidiaries provide real estate development and management, information and telecommunications, printing and packaging, logistics and supply and trading.[3]

History

In 2005, the group signed a commercial advertising deal with Minister Iyad bin Amin Madani of the Saudi Ministry of Culture and Information.[4]

In 2012, the administration of King Abdullah Al Saud authorized the group to organize the annual Al Jenadriyah festival in Riyadh.[5]

In 2013, the then-Governor of Riyadh, Prince Khalid bin Bandar bin Abdulaziz Al Saud, awarded Al Hammad to the DNGO Contracting Company, one of the entities of the group, for a project of strengthening of water resources in Riyadh.[6] [7]

References

  1. Web site: Kuwait Local Bayan Holding Company - Kuwait City. Technologies. Mano. www.kuwaitlocal.com. en. 18 September 2018.
  2. Web site: Shamiekh holding group - momenarts. 2022-01-07. momenarts.com/. en-US.
  3. Web site: Al Bayan Holding Group. www.bloomberg.com. 16 September 2018.
  4. News: "البيان" تحتكر إعلانات التلفزيون السعودي بـ 228 مليون ريال. جريدة الرياض. 1 October 2018. ar.
  5. News: خادم الحرمين يكرم "مجموعة البيان القابضة" لرعايتها مهرجان الجنادرية. جريدة الرياض. 18 September 2018. ar.
  6. Web site: بمناسبة تكريم سمو أمير الرياض لمجموعة البيان القابضة. www.al-jazirah.com. 18 September 2018.
  7. Web site: RAM Ratings suspends rating of Al Bayan's RM1b Sukuk - Business News The Star Online. www.thestar.com.my. 18 September 2018.