Investments
Company Investments
AlShair Group
Investments
In true AlShair Group fashion, the Group had decided to expand on its enterprise by investing in similar companies that share the Group's principles, vision, and mission in terms of prioritizing the community and environment and creating a sustainable future.
Industrial Division
TASNEE
AlShair Group and the National Industrialization Company (Tasnee) have a long-term strategic partnership and co-developed Cristal Global, the world’s second-largest titanium dioxide pigment producer. AlShair Group traded its share of Crystal to Tasnee, becoming the largest single shareholder in the company.
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Al Medina Industrial Investment Company
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, Arab Spinning Textiles and Blankets Limited Company, which manufactures blankets, and Quba Water and Juice Factory, which produces bottled water.
Mining & Precious Metals
Amak
Al Masan’e al Kubra (AMAK) operates a mine in southwest Saudi Arabia. It produces 51,000 tonnes of zinc concentrate per year (average content of about 53% zinc), 35,000 tonnes per year of copper concentrate (25% copper, with precious metal values) and more was expected to contain 6,000 kilograms per year of silver and 200 kilograms per year of gold.
Minera IRL
Minera IRL is a precious metals mining, development, and Exploration Company based in Latin America and is listed on the London AIM Market. Minera IRL is part of AlShair Group’s international mining and precious metal investment portfolio.
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Milton Ellis Rawe Limited
Milton Ellis Rawe, based in London, is an international precious metal marketer specializing in investment in gold mining operations in North America and caters to individual and institutional investors.
Canadian Marble
Canadian Marble is interested in creating a dimension stone industry for Cape Breton (Canada) through the strategic development of MacLeod’s brand of Canada’s Marble. AlShair Group subscribed in July 2010 as an investor in line with its investment strategy for the mining sector, aiming to create a marble distribution network in the Middle East.
Financial Services
Dar Al Mal
Dar al Mal limited is a Category Three Licensed Investment House based in Dubai and is a Middle East Capital Partners Limited (MECP) subsidiary. It was founded in February 2010 by AlShair Group in partnership with professional individuals in the financial service industry. The Group’s strategy is to create a financial services arm specializing in Shariah-compliant products allowing for traditional banking products that comply with Islamic culture and regulations. Dar al Mal offers fund management services for property development funds and corporate advisory and financial services to corporations, including AlShair Group of companies.
Bank Alkhair
Founded in 2004 and headquartered in Bahrain, Bank Alkhair is an Islamic bank with an international presence in Saudi Arabia, Malaysia, and Turkey. AlShair Group’s investment in Bank Al-Khair in 2006 aligns with its strategy to encourage economic growth through Shariah-compliant financial services.
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Real Estate
SHM Global
AlShair Group established SHM Global in April 2013, a Real Estate company incorporated in Turkey in partnership with other investors. The investment rationale is targeting secured off-plan Real Estate investment.
Istanbul Towers
AlShair Group has bought 3 out of the five towers of a complex in Istanbul, Turkey, along with a mall underneath the towers. The Group is currently selling apartments in the 3 towers in bulk and units.
Istanbul Towers
The apartments are placed right before and look onto the most extensive garden in Istanbul
Obhur land (Jeddah)
Al Masan’e al Kubra (AMAK) operates a mine in southwest Saudi Arabia. It produces 51,000 tonnes of zinc concentrate per year (average content of about 53% zinc), 35,000 tonnes per year of copper concentrate (25% copper, with precious metal values) and more was expected to contain 6,000 kilograms per year of silver and 200 kilograms per year of gold.
King salman road (madinah)
AlShair Group and the National Industrialization Company (Tasnee) have a long-term strategic partnership and co-developed Cristal Global, the world’s second-largest titanium dioxide pigment producer. AlShair Group traded its share of Crystal to Tasnee, becoming the largest single shareholder in the company.
Alagool (madinah)
Some projects include the Al-Shair hotels in Medina, the Hurghada resort in Egypt, apartment complexes in Istanbul, and Tahlia Towers, Dahban and a range of other developments in Jeddah, Dahban in Jeddah with further projects already in the pipeline for industrial and medical use.
Others (madinah)
AlShair Group led the development of the joint-venture of Cristal, a titanium dioxide pigment manufacturer based in Yanbu. The partners developed the company into the world's second-largest manufacturer of white pigment with plants in Saudi Arabia, the U.S.A., the U.K., Brazil, France, and Australia. The success of Cristal - merged with Tronox largest and most advanced Research & Development facility in its industry - would become evident as time went on.
Dahban land (Jeddah)
Dedicated to the ever-evolving demands of the imaging industry, Medad Toner is actively engaged through its research and development team with the latest in digital printing technology and markets its products for domestic and international markets. AlShair Group bought a majority share in Medad Toner in 2009 to ensure that the Saudi business community benefits from the most advanced technology.
Corniche land (Jeddah)
Macleod is a Canadian company interested in creating a dimension stone industry for Cape Breton (Canada) through the strategic development of MacLeod’s brand of Canada’s Marble. AlShair Group subscribed in July 2010 as an investor in line with its investment strategy for the mining sector, aiming to create a marble distribution network in the Middle East.
Riyadh office building
The refinery's innovative technology can refine ores to the purity level of 999.9. Production at the plant began in 1996 as a joint-venture between Al-Shair Group, CSF Thompson, and local business partners. Al-Shair Group has purchased a majority share in the refinery as part of its broader interests in precious metals and investment in diversification in Saudi Arabia.
Saudi Marine Division
AlShair Marine Group
A new investment added to the AlShair Group, the Marine Division aims to cultivate the best parts of the Red Sea by allowing others to experience the famous sea in innovative and revolutionary ways. AlShair Group's marine division also provides services of repairing small boats or yachts.