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Ventures & Boards

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Venture

From two menswear stores in Riyadh in 1989 to the largest retail and property company in the region, Fawaz Alhokair has created a powerhouse within the Kingdom of Saudi Arabia. With a passion for innovation and operational excellence, Fawaz Alhokair has led the development of two publicly listed shopping center and retail companies – Cenomi Centers and Cenomi Retail. These companies employ over 7,000 local Saudi’s, a large number of them women and has become synonymous with cutting edge retail experiences in the region.

Venture

Cenomi Centers

From the opening of Sahara Mall in 2005 under the banner of Arabian Centers Company to the most recent opening of Cenomi UWalk Jeddah in 2024, Cenomi Centers in the place for new, immersive lifestyle destinations for the local and international visitor.
Cenomi Centers is the largest network of owned, developed and operated shopping centers and complexes in Saudi Arabia with a mission to build vibrant communities and enhance the quality of lifestyle and shopping experiences in Saudi Arabia.
Cenomi Centers now has 22 shopping centers across the Kingdom with an annual footfall of over 124 million consumers with a turnover of more than 10BN SAR.

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Venture

Cenomi Retail

From two menswear stores in Riyadh to where global brands meet the Saudi consumer. Cenomi Retail is proud to be the largest franchise retailer in KSA with over 500 retail outlets, and 40+ world leading brands across 7+ International countries. It is focused on providing Saudi consumers with the best Champion and Tier 1 brands available regionally and internationally and is leading the transformation of the consumer retail landscape in Saudi Arabia. Across Fashion, Beauty, Lifestyle and Food & Beverage, Cenomi Retail has led the development of franchise retailing in the Kingdom and is responsible for bringing such iconic brands as Zara, Massimo Dutti, Mango, Stradivarius, Cinnabon and Subway to the Saudi consumer.

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Venture

Saudi FAS Holding Company

Saudi FAS Holding Company is majority owned by the Alhokair family. It is one of the largest group of companies in the Kingdom of Saudi Arabia and has interests across Retail, Shopping Centers, Entertainment, Energy, Food & Beverage, Hotels and Hospitality sectors and again provides significant employment opportunities for Saudi’s across these sectors. International brands across these sectors include Cenomi Centers, Cenomi Retail, FAS Hospitality and FAS Energy.

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Venture

FAS Energy

FAS Energy aims at becoming one of the leading energy transition players in the GCC, with a strong presence across seven areas of activity. FAS Energy, made up of the two entities of FAS Renewables and FAS Infrastructure will focus on 7 core strategic areas of:- i) Utility scale renewables; ii) Corporate PPA in Saudi Arabia; iii) Waste to Value; iv) District cooling; v) Hydrogen – Hespera; vi) Other hydrogen projects; vii) Waste to Energy. These 7 core strategic areas will be delivered through existing partnerships with leading players in each segment and will primarily be focused geographically in the Kingdom of Saudi Arabia.

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Venture

Ezdihar Holding

Ezdihar Holding is focused on creating businesses that will define a new lifestyle paradigm across categories including Real Estate, Fitness, Medical Technologies and Entertainment. Ezdihar Holding focuses on sourcing original ideas with the right balance of entrepreneurship, sustainability and vision. We build businesses that promise to foster a culture of innovation, initiative and responsible development.

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Venture

Ezdihar Real Estate

Ezdihar Real Estate has been reinventing the concept of modern living in the Real Estate market. Delivering iconic Commercial, Residential, and Leisure properties in Riyadh and across the Kingdom, the real estate ventures of Ezdihar translate Saudi contemporary culture into the urban fabric of our cities. Through our focus on quality and innovation, we aim to create communities that are designed with our residents and tenants in mind – creating a unique Ezdihar community, a proudly Saudi community.

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Venture

Medical Holding Company

We are a leading private healthcare holding company bringing exceptional international partnerships to Saudi Arabia that can deliver:

  • Innovation: The most advanced services and products that create a lasting impact on disease prevention, treatment, wellness and quality of life.
  • Access: establish frictionless in-person and virtual medical interventions that are accessible to the mass market.
  • Value: Prioritize transformational patient outcomes and enhance the patient journey, rather than increase the number of interventions.
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Venture

Ezdihar Sports

Ezdihar Sports is a dynamic and forward thinking sports and fitness company dedicated to promoting a healthier and more active lifestyle. With a passion for wellness and a commitment to excellence, we operate a range of premium and value for money gym facilities catering to all individual needs and wants. As part of Ezdihar Sports, a homegrown wellness brand, Activ has been launched that offers affordable, high quality fitness experiences. With its high quality equipment and physical spaces, it already has a wide reach across the Kingdom with further expansion underway for eight more branches across the country.

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Venture

MUVI

A new generation of entertainment for residents and tourists to the Kingdom. From only 2 locations in 2019 to 21 in 2024, MUVI Cinemas is a home grown cinema brand with exceptional offerings for our guests.

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Boards

Visionary Governance

Fawaz Alhokair holds Board directorships in three major Saudi giga projects in addition to two committee memberships. He is currently a Board Member of NMDC (New Muraba Development Company), Riyadh North Pole and Saudi DownTown Company (SDTC). In addition he holds the role of Vice Chairman of SDTC. In addition to these Board memberships, he is an NRC committee member of NMDC and the ExCom Chair of the SDTC. These significant appointments showcase his commitment to shaping a brighter future across the Saudi Arabian business landscape. His board appointments bring a wealth of experience and expertise across diverse fields, from finance and marketing to technology and innovation.

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