Shomou Investement

In the late 1950’s, an aspiring businessman by the name of Fahad bin Ibrahim Almugaye set his foot into the field of investment and real estate development with a vision to create a trusted business model that could one day become a pillar of strength for the local community. The mission which was initiated by a father and a husband over 50 years ago finally became Shumou in 2003 as the legacy was passed onto his sons and wife.

Today, the family business continues to thrive in a competitive multi investment landscape while aiming to become a strategic player in the realization of Saudi Vision 2030.

The current major business are:

- Real Estate

- Retails

- Restaurants

- Trading business

- Stock Investments

- Maintainance services