Awab was established in 1977, by its founder Sheikh. Moeid S. Alotaibi as Awab General Trading & Contracting Establishment specializing in construction. projects included: the city of Ha'il and Unaizah Sewage and Storm Water Disposal System, which was completed in 1988 through a joint venture with Korean SsangYong E&C.
Awab is a private real estate developer that owns and operates over 25 residential projects with a strong and diversified asset base. The company also owns a diversified stock portfolio managed by designated professionals.
In 2010 the decision was made regarding succession planning and management strategies, which lead to establishing Awab Holdings as a family company owned by the second generation.
With a mixture of young entrepreneurs and a seasoned business sense, the company hopes to grow in many fields, while upholding family values.
For further information regarding our investments please visit www.awabholdings.com
Ar Riyad, Saudi arabia
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