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May 22, 2015 5:40 PM ET

Industrial Conglomerates

Company Overview of Al Faisal Holding Company LLC

Company Overview

Al Faisal Holding Company LLC, through its subsidiaries, operates in real estate, construction, hospitality, trading, transportation, entertainment, education, services, and information technology sectors in Qatar and internationally. It provides housing, retail, and commercial solutions; engages in real estate development, acquisition, and leasing activities with a focus on the hospitality sector and hospitality-related services; operates hotels; and distributes a range of building materials for the construction industry, as well as a range of interior finishing materials and solutions for floors and walls, bathrooms, natural stones, and home furnishing. It manufactures glass-fiber reinforc...

Renaissance Doha City Center Hotel

Al Wahda Street

West Bay Area

Doha,  22477

Qatar

Founded in 1964

Phone:

974 44223888

Fax:

974 44223800

Key Executives for Al Faisal Holding Company LLC

Chairman and Chief Executive Officer
Chief Real Estate Officer and Director
Chief Internal Audit Executive and Director
Chief Procurement Officer
Group Chief Corporate Communications
Compensation as of Fiscal Year 2014.

Al Faisal Holding Company LLC Key Developments

Al Faisal Seeks Acquisitions

Al Faisal Holding Company LLC is looking for acquisitions. Sheikh Faisal Bin Qassim Al Thani, Chairman of Al Faisal Holding Company states, "This is why we want to bring Aiana as a new lifestyle hotel brand to the Middle East and will continue to support Aiana through our ambitious expansion plans for acquisitions in key destinations starting with the property in Doha and many more to follow in Western Europe (London) and the US."

Al Sawari Holding, Al Faisal Holdings and Aiana Hotels & Resorts L.L.C. Signs the Joint Venture Agreement to Create Aiana Hotels & Resorts

Al Sawari Holding and Al Faisal Holdings and Aiana Hotels & Resorts L.L.C. announced the signing of an agreement to create Aiana Hotels & Resorts, a global hotel management company with the Indian service ethos at its heart. The new joint venture company Aiana Hotels & Resorts L.L.C. will embody a hospitality brand of upper upscale hotels that offers fresh and relevant product design and facilities customized to the traveller with an intuitive service ethic based on traditional Indian hospitality values. Aiana Hotels & Resorts aims to be a leading operator of hotels, resorts and serviced apartments in the Middle East, Indian Sub-Continent and South East Asia.

Al Habtoor Leighton Settles a Long-Standing Dispute with Al Faisal Holding

Leighton Holdings' Middle Eastern joint venture, Al Habtoor Leighton, has settled a long-standing dispute with Qatar-based business conglomerate Al Faisal Holding to recover money owed on a $347 million expansion of the Doha City Centre shopping mall. Al Faisal has already paid some 40% of outstanding payments to the joint venture and will pay a further 20% over the next few weeks. The balance of owed payments will be paid over the next 18 months as remaining projects are handed back to Al Faisal. Leighton, which has some $1.4 billion of exposure to the Middle East joint venture, did not provide details on how much of the owed payments it will receive from Al Faisal.

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