Shamiekh Holding Group (), formerly Al Bayan Holding Group () is a Saudi-based
business conglomerate
A conglomerate () is a type of multi-industry company that consists of several different and unrelated List of legal entity types by country, business entities that operate in various industries. A conglomerate usually has a Holding company, p ...
headquartered in
Riyadh
Riyadh is the capital and largest city of Saudi Arabia. It is also the capital of the Riyadh Province and the centre of the Riyadh Governorate. Located on the eastern bank of Wadi Hanifa, the current form of the metropolis largely emerged in th ...
,
Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries ...
. Its subsidiaries provide real estate development and management, information and telecommunications, printing and packaging, logistics and supply and trading.
History
In 2005, the group signed a commercial advertising deal with Minister
Iyad bin Amin Madani
Iyad bin Amin Madani (; born 26 April 1946) is a Saudi politician who served in different cabinet posts. He was the secretary general of the Organisation of Islamic Cooperation from 2014 to November 2016. He was the first Saudi official to hold t ...
of the Saudi
Ministry of Culture and Information
The Ministry of Media () is one of the governmental bodies of Saudi Arabia and part of the cabinet. The main function of the ministry is to regulate the media of Saudi Arabia and the communications between Saudi Arabia and other countries. It ...
.
In 2012, the administration of
King Abdullah Al Saud authorized the group to organize the annual
Al Jenadriyah festival in
Riyadh
Riyadh is the capital and largest city of Saudi Arabia. It is also the capital of the Riyadh Province and the centre of the Riyadh Governorate. Located on the eastern bank of Wadi Hanifa, the current form of the metropolis largely emerged in th ...
.
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.
[{{Cite web, url=https://www.thestar.com.my/business/business-news/2017/03/07/ram-ratings-suspends-rating-of-al-bayan-rm1b-sukuk/, title=RAM Ratings suspends rating of Al Bayan's RM1b Sukuk - Business News {{! The Star Online, website=www.thestar.com.my, access-date=18 September 2018]
References
Conglomerate companies of Saudi Arabia
Companies based in Riyadh
Saudi Arabian companies established in 1980
Holding companies established in 1980
Conglomerate companies established in 1980