Our History
1979
timeline item title
Ajlan & Bros Holding Group was formed when the first shop opened specializing in fabrics and garments.
1980
Imports from East Asian countries. Expansion of retail footprint in KSA.
1990
Expansion of production globally, establishing our first factory in China with complete supply chain from production through to packaging.
2000
- Expansion in the real estate sector with assets exceede USD 15 Billion, making it one of the largest real estate investment companies in the Kingdom.
- Abdulaziz Alajlan Sons for Trading & Real Estate Investments Co. office established with a focus to invest across multiple assets classes globally.
2010
Expansion of footprint across the Middle East.
2017
Ajlan & Bros Holding Group established.
2021
- USD 800 Million Build-Operate-Transfer of Jubail 3B desalination plant (600,000 m3 per day).
- USD 600 Million acquisition of Arabian Mills (MC2).
- AJEX Logistics Services company launched.
- Dussmann-Ajlan & Bros facilities management company launched in partnership with Dussmann Group; the world's largest privately owned facilities management company.
- Pure Beverages Company successfully launched Ival and Oska, two new bottled water brands, in the Saudi Market.
2022
- Real Estate transactions worth USD 3.5 Billion.
- Moxico-Ajlan & Bros Holding Group consortium wins USD 73 Million Khnaiguiyah exploration license.
- Joint Venture with QNB Group with a total investment of USD 677 Million to establish a new digital bank in KSA: ez bank.
2023
- Real Estate acquisition of 18 Million SQM of land worth USD 2.2 Billion.
- Launch of Tiqmo wallet with #1 leading Chinese FinTech partner SwiftPass.
- Real Estate acquisition of 4 Million SQM of land worth USD 400 Million.
2024
- IPO of Arabian Mills (MC2) with a total value of USD 903 Million.
- Taiba 2 & Qassim 2 Power Generation projects: development, design, engineering, financing, and operation, with a total investment of USD 3.7 Billion.
- Award of Bir Umq exploration license to the Ajlan-Norin Consortium.
- Renewable Wind Projects; investment of USD 1 Billion in Al Ghat and Waad Al-Shamal Wind 500 MW.
- Real Estate transactions worth USD 400 Million.
- Dussmann-Ajlan & Bros expands its operations into the UAE, Bahrain, and Oman.
2025
- DHL eCommerce acquired a significant stake in AJEX Logistics Services.
- RAIA company launched in partnership with Saudi Media Company (SMC) for event management.
- NexVenue launched as a new JV between Dussmann-Ajlan & Bros Holding Company with Mosanada for Mega Sports, Entertainment and Events FM Consulting services in Saudi Arabia.
- Ajlan & Bros Mining won the second exploration license in Jabal Sayid with Zijin Mining.
- Ajlan & Bros Mining partnership with Norin won the exploration license for Southern Al-Hijar.
- Pure Beverages Company successfully sold to Almarai.
- Ajlan & Bros Mining announces Joint Venture with AHK.
- ez Bank awarded banking license by SAMA.
- Dussmann-Ajlan & Bros expands regionally by entering the Oman market.
2030
Expansion in further sectors to align with Vision 2030.