Al Baha
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.
- Company typePublic
- Founded1992
- HeadquartersBaljurashi, Saudi Arabia
- Headcount1–10
- GTM typeB2B
- OfferingServices
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.
Al Baha firmographics
Firmographics- 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
Where Al Baha is headquartered
LocationHeadquarters
- HQ city
- Baljurashi
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Offices3 records
Markets served
Al Baha business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Others
Distribution channels1 record
Marketing channels2 records
Al Baha product offering
Product offeringCore 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.
Companies that use Al Baha
Customer profileSegments1 record
Ideal customer profiles1 record
Al Baha technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Al Baha partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered subsidiary.
- Elegant Centers CompanysubsidiaryWholly-owned subsidiary company specializing in premium centers/luxury facilities management
- Ishraqh Regional Real Estate Development And InvestmentsubsidiaryRegional subsidiary focused on real estate development and investment activities
Scale indicators3 records
Recent moves6 records
Al Baha competitors and assessment
Company assessmentDirect 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
Al Baha social profiles
Digital presenceAl Baha financial estimates
Financial estimateRevenue estimate
Valuation estimate
Al Baha leadership team
Management profileNumber of profiles
Al Baha subsidiaries and ownership
Company hierarchySubsidiaries2 records
Al Baha funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Al Baha M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Al Baha
What does Al Baha do?
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.
Is Al Baha a public or private company?
Al Baha is a public company. It is classified as public and is currently operating.
When was Al Baha founded?
Al Baha was founded in 1992. It employs 1 to 10 people.
Where is Al Baha based?
Al Baha is headquartered in Baljurashi, Saudi Arabia, in the Middle East region.
Who are Al Baha's main competitors?
Direct peers on record are National Real Estate Co. (NREC), Saudi Real Estate Company (SRECO / Al Akaria), Kingdom Holding Company, Saudi Industrial Investment Group (SIIG), Taiba Holding Company and Makkah Construction and Development Company (MCDC). Broad incumbents are Emaar The Economic City, Jabal Omar Development Company and Dar Al Arkan Real Estate Development. Knowledge Economic City (KEC) is listed as a regional player.
Does Al Baha have an API?
No public API is recorded for Al Baha.