Al Baha

What Al Baha does

Al Baha, officially Saudi Darb Company Investment (Tadawul: 4130), is a publicly listed Saudi joint stock investment holding company founded in 1992 and headquartered in Riyadh. Its stated mission is to identify and pursue the best available investment opportunities, increase investment volume, and continuously raise revenues while diversifying income sources through portfolio management. The firm operates through two wholly-owned subsidiaries: Elegant Centers Company (شركة المراكز الراقية المحدودة), a general services and commercial operations entity based in Al Malaz, Riyadh, and Ishraqh Regional Real Estate Development and Investment (شركة اشراقه الاقليمية للاستثمار والتطوير العقاري), a regional real estate development and investment vehicle based in Al Izdihar, Riyadh. Both subsidiaries share the same headquarters complex and a single set of contact numbers.

The company's go-to-market approach is that of a passive-to-active Saudi investment holding entity: it has no disclosed sales motion, marketing channels, named customers, or pricing model. Its only distribution channel is its Saudi Exchange (Tadawul) listing, where it discharges shareholder reporting duties via official announcements and publishes quarterly and annual financial reports on its website. In October 2024 the Capital Market Authority approved a capital reduction from SAR 297,000,000 to SAR 218,295,000 (reducing shares from 2,970,000,000 to 2,182,950,000), approved by an Extraordinary General Assembly on 26 November 2024. The company is also pursuing a SAR 100,000,000 compensation claim before the CMA's Committee for Resolution of Securities Disputes against former board members who served during the 10 February 2010 to 9 February 2013 term.

Revenue, headcount detail, and customer data are not disclosed in the scraped source material; a parent-level headcount of 1-10 is reported but does not reconcile with operational subsidiaries. The accompanying financial table shows figures inconsistent with the company's ~SAR 218M capitalization and is therefore not relied upon. The stated customer segment is "Investment and Development," targeting use cases in investment activities and real estate development for shareholders.

Name

Al Baha

Legal name

شركة درب السعودية للإستثمار

Website

https://albahacompany.com

Company type

Public

Founded year

1992

Operating status

Operating

Headcount range

1–10 employees

Short description

Al Baha (Tadawul: 4130) is a publicly listed Saudi joint-stock investment holding company that invests, manages industrial/agricultural/tourism projects, and operates two wholly-owned subsidiaries — Elegant Centers Company and Ishraqh Regional Real Estate Development and Investment — serving public shareholders and real-estate end-markets in Saudi Arabia.

Ownership category

akta.pro rank

Headquarters

HQ city

Baljurashi

HQ country

Saudi Arabia

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Others

Distribution channels1 record

Marketing channels2 records

Core offering

Al Baha is a publicly listed Saudi joint stock investment and development company that establishes, owns, and manages industrial, agricultural, and tourism projects and retails products from its owned businesses. It operates through two wholly-owned subsidiaries: Elegant Centers Company, focused on premium commercial centers and general services, and Ishraqh Regional Real Estate Development And Investment, focused on regional real estate development and investment activities headquartered in Riyadh.

Product overview

Al Baha Investment and Development Company (Al Baha) is a Saudi joint stock investment company listed on the Saudi exchange. The company operates as an investment holding entity with two main subsidiaries: Elegant Centers Company and Ishraqh Regional Real Estate Development and Investment. The company focuses on identifying and pursuing investment opportunities to increase its investment portfolio and revenues through diversifying income sources.

Differentiator

Problem solved

Functional benefit

Products and services

• Elegant Centers Company (شركة المراكز الراقية المحدودة) Wholly-owned subsidiary of Al Baha focused on premium centers/luxury facilities management and general services and commercial operations, based in Al Malaz, Riyadh. Targets the Saudi commercial real estate and facilities management market as an operating arm of the parent.
• Ishraqh Regional Real Estate Development And Investment (شركة اشراقه الاقليميه للاستثمار والتطوير العقاري) Wholly-owned subsidiary of Al Baha focused on regional real estate development and investment activities across Saudi Arabia. Headquartered in Al Izdihar, Riyadh, and operates as the company's real estate investment and development vehicle.
• Industrial Project Investment Operations Establishment, ownership, and management of industrial projects in Saudi Arabia as part of Al Baha's diversified investment portfolio, pursued to deliver sustained revenue growth for shareholders.
• Agricultural Project Investment Operations Establishment, ownership, and management of agricultural projects in Saudi Arabia, executed as part of Al Baha's income-diversification strategy and project portfolio expansion.
• Tourism Project Investment Operations Establishment, ownership, and management of tourism projects in Saudi Arabia, contributing to Al Baha's multi-sector investment portfolio and revenue diversification objectives.
• Retail Products from Owned Businesses Retail sale of products from Al Baha's owned business operations in Saudi Arabia, providing an additional revenue channel alongside the investment portfolio and subsidiaries.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered subsidiary.

• Elegant Centers CompanysubsidiaryOthersWholly-owned subsidiary company specializing in premium centers/luxury facilities management
• Ishraqh Regional Real Estate Development And InvestmentsubsidiaryOthersRegional subsidiary focused on real estate development and investment activities

Scale indicators3 records

Recent moves6 records

Direct peers

• National Real Estate Co. (NREC): Saudi-listed real-estate company on Tadawul engaged in development and investment activities. Comparable to Al Baha's Ishraqh subsidiary given similar domestic real-estate development focus and listed investment-company structure.
• Saudi Real Estate Company (SRECO / Al Akaria): Saudi-listed real-estate investment and development company on Tadawul. Direct comparable given similar listed-holding structure focused on Saudi real-estate assets, parallel to Al Baha's Ishraqh.
• Kingdom Holding Company: Large Saudi-listed diversified investment holding company on Tadawul. Most direct structural peer to Al Baha given its public holding-company model with multiple operating subsidiaries across sectors, listed on the same exchange.
• Saudi Industrial Investment Group (SIIG): Saudi-listed joint-stock investment company on Tadawul that invests in industrial and related projects. Directly comparable as a small/mid-cap Saudi listed investment holding entity with portfolio-company operations.
• Taiba Holding Company: Saudi-listed hospitality, real-estate, and investment holding company on Tadawul. Comparable to Al Baha as a listed Saudi holding company with real-estate and operating-asset subsidiaries.
• Makkah Construction and Development Company (MCDC): Saudi-listed company on Tadawul focused on real-estate development and investment in the holy sites area. Comparable to Al Baha through its listed investment-holding model with a primary real-estate development subsidiary.

Broad incumbents

• Emaar The Economic City: Saudi-listed real-estate developer of King Abdullah Economic City. Comparable through large-scale Saudi real-estate development exposure, although substantially larger and more project-focused than Al Baha's Ishraqh subsidiary.
• Jabal Omar Development Company: Saudi-listed large real-estate developer on Tadawul with mixed-use mega-project exposure. Comparable to Ishraqh's real-estate development activities, though at materially larger scale and project complexity.
• Dar Al Arkan Real Estate Development: One of Saudi Arabia's largest listed real-estate developers on Tadawul. Comparable through Al Baha's Ishraqh subsidiary in residential and commercial real-estate development, though far larger in scale.

Regional players

• Knowledge Economic City (KEC): Saudi-listed company developing Knowledge Economic City near Medina. Comparable through its listed real-estate development and investment mandate, though focused on a single mega-project.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat1 record

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/albaha_company

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Al Baha