Our division has a proud history in investing in a wide range of sectors

investments

industrial investments

AlShair Group led the development of Al Medina Industrial Investment Company (MIIC) in 1993 in partnership with other investors to aid in the economic development of the Al Medina Al Munawara region by investing in private enterprise initiatives in targeted sectors.

MIIC has two operating subsidiaries, namely Arab Spinning Textiles and Blankets Limited Company, which manufactures blankets, and Quba Water and Juice Factory, which produces bottled water.