Karim Group Holding

What Karim Group Holding does

Karim Group Holding is a privately-held Lebanese diversified holding company founded in 2016 and headquartered in Saida, Lebanon (Riyadh Al Soloh Street, Al Mustashar Building). It operates as a portfolio of 18 named wholly-owned subsidiaries and 20 business lines spanning engineering contracting (Karim ETC), operations and maintenance (Karim O&M), marketing digitization (Karim Press), food services and hospitality (BK, Zad Al Baher, Zad Bay, Katering, Fluka), retail (Karim Supermarket), environmental health (Klean, BeAgreen), recruitment (ISeek), consultancy (TBC), security and valet parking (SVPS), logistics (KLogistics), and production (KIndustries), alongside two associations (Bassam Karim Association, Adha International Association) and an art division (K Art).

The group's stated operating footprint covers 6 countries in the Middle East — Lebanon, UAE, Saudi Arabia, Kuwait, Qatar, and Bahrain — with Egypt and Morocco also listed. It employs over 500 people and claims 500+ completed projects and 38 projects currently in hand. No proprietary technology stack, AI/ML capabilities, or digital platform architecture are disclosed; the operating model is services-and-contracts based, with no APIs, SDKs, apps, or integrations documented.

Revenue is generated through ownership and operational returns across the subsidiary portfolio, with project contracts, service fees, and operational returns from subsidiaries forming the primary streams. Pricing is project-specific and quote-based, with no publicly disclosed pricing. The go-to-market is direct enterprise field sales for B2B and B2G clients, supplemented by subsidiary websites and industry events. Named clients include Mandarin Oriental (luxury hospitality) and the Municipality of Al-Madinah Al-Munawwarah (EV solutions via ASX EV Solutions), and a partnership with Chinese Wasion Group covers smart metering supply. The company holds ISO 9001 QMS certification. Leadership consists of a single disclosed executive, Bassam Karim (CEO and "Shareman"), who also lends his name to the Bassam Karim Association subsidiary.

Note: Disclosed financials are internally inconsistent — the company describes itself as "multi-billion" while its website states "$2+ Million" in revenue — and several referenced entities on the website (ASG / AlSharif Group Holding, ASX EV Solutions) suggest historical brand overlap or acquisition activity that is not reconciled in the available data.

Name

Karim Group Holding

Legal name

Karim Group Holding

Website

https://karimgroupholding.com

Company type

Private

Founded year

2016

Operating status

Operating

Short description

Karim Group Holding is a privately-held Lebanese diversified holding company founded in 2016, operating 20 business lines and 18 subsidiaries across engineering, hospitality, food services, retail, logistics, environmental, and production sectors in the Middle East, serving B2B and government clients.

Ownership category

akta.pro rank

Headquarters

HQ city

South Lebanon

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Investment Returns and Business Operations: As a diversified holding company, Karim Group generates revenue through ownership and strategic investment in multiple subsidiary companies spanning diverse sectors including engineering, media, hospitality, logistics, production, and environmental services. Revenue streams include project contracts, service fees, operational returns from subsidiaries, and strategic investment appreciation.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Karim Group Holding is a diversified holding company that owns and operates 20 business lines across engineering contracting, operations and maintenance, marketing digitization, food services and hospitality, retail (Karim Supermarket), environmental health, recruitment, consultancy, security and valet parking, logistics, production, catering, and art services. The group delivers integrated multi-sector solutions to B2B enterprises and government clients across 6 countries in the Middle East, with a portfolio of wholly-owned subsidiaries (Karim ETC, Karim Press, Karim O&M, BK, Klean, ISeek, TBC, SVPS, KLogistics, KIndustries, Katering, BeAgreen, and others).

Product overview

Karim Group Holding is a diversified holding company established in 2016 in Saida, Lebanon, operating across 20 business lines and 6 countries in the Middle East region. The company functions as a portfolio of subsidiaries and sub-brands rather than a single unified product, encompassing diverse sectors including engineering contracting (Karim ETC), marketing digitization (Karim Press), operations and maintenance (Karim O&M), food services and hospitality (BK, Zad Al Baher, Zad Bay, Katering), retail (Karim Supermarket), environmental health (Klean, BeAgreen), recruitment (ISeek), consultancy (TBC), security and valet parking (SVPS), logistics (KLogestics), production (Kindustries), and art services. The group also includes associations such as Bassam Karim Association and Adha International Association. With a multi-billion dollar valuation, the company holds ISO 9001 QMS certification and employs over 500 people.

Differentiator

Problem solved

Functional benefit

Brands

• Karim ETC: Engineering Contracting services
• Karim Press
• Karim O&M
• BK
• Klean
• ISeek
• TBC
• KLogistics
• KIndustries
• Katering
• BeAgreen

Products and services

• Karim ETC (Engineering Contracting) Engineering and contracting services providing construction and engineering solutions for enterprise and government clients across the Middle East.
• Karim Press (Marketing Digitization) Marketing digitization services focused on digital transformation of marketing operations for business clients.
• Karim O&M (Operations and Maintenance) Operations and maintenance services providing facility and infrastructure maintenance solutions.
• BK (Food Services & Hospitality) Food services and hospitality business unit serving consumer and enterprise clients in Lebanon.
• Zad Al Baher (Food Services) Food services and hospitality establishment under the Karim Group portfolio.
• Zad Bay (Food Services) Food services and hospitality establishment under the Karim Group portfolio.
• Karim Supermarket (Retail) Retail supermarket operations serving consumer customers in Lebanon.
• Klean (Environmental Health) Environmental health services focused on sustainability and cleanliness solutions for enterprise and government clients.
• ISeek (Recruitment) Recruitment services connecting talent with employment opportunities for enterprise clients.
• TBC (Consultancy) Consultancy services providing business advisory solutions to enterprise clients.
• SVPS (Security and Valet Parking) Security and valet parking services for commercial and hospitality venues.
• KLogistics (Logistics) Logistics services for transportation and supply chain operations.
• KIndustries (Production) Production and manufacturing operations under the Karim Group portfolio.
• Katering (Catering) Catering services for events and hospitality under the Karim Group portfolio.
• BeAgreen (Environmental Services) Environmental sustainability and green initiatives program under the Karim Group portfolio.

Quantifiable outcome

• 500+ completed projects delivered to clients
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and flagship.

• Wasion GroupcoreStrategic or Co-development PartnerASG (AlSharif Group) Holding subsidiary signed an agreement with Chinese Wasion Group for supply of smart meters solutions. This partnership enables deployment of smart metering technology solutions across regional markets.
• Mandarin OrientalflagshipStrategic or Co-development PartnerASG (AlSharif Group) is working with Mandarin Oriental to develop luxury hospitality properties in the region. This represents a flagship partnership for high-end hospitality development.
• Municipality of Al-Madinah Al-MunawwarahcoreStrategic or Co-development PartnerASX EV Solutions, a subsidiary of AlSharif Group Holding, signed an investment contract with the Municipality of Al-Madinah Al-Munawwarah for EV solutions deployment in the municipality.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Olayan Group: Saudi diversified conglomerate with operations in food/beverage, hospitality, contracting, and services across MENA. Comparable for diversified multi-sector model and MENA regional footprint.
• Al Faisaliah Group: Saudi diversified conglomerate covering healthcare, food, hospitality, and services. Comparable as a GCC diversified holding pursuing multi-sector regional expansion.
• SEDCO Holding: Saudi diversified holding with investments across food, hospitality, real estate, and services. Comparable for diversified MENA-focused multi-vertical holding model.
• Al Rajhi Holding: Saudi diversified conglomerate with operations in contracting, trading, services, and manufacturing. Comparable for diversified GCC holding structure with B2B/B2G exposure.
• Kingdom Holding Company: Saudi-listed diversified holding with hospitality, real estate, and infrastructure investments across the MENA region. Comparable for diversification across multiple sectors and Vision 2030-aligned positioning, though much larger in scale.

Regional players

• National Holding (Abu Dhabi): UAE-based diversified group covering services, hospitality, contracting, and F&B. Comparable for diversified multi-sector model serving B2B and government clients in the Gulf.

Direct peers

• Taha Holding: Lebanese-based holding group with diversified operations including engineering, contracting, and consumer services. Comparable for Lebanon-domiciled multi-sector holding model.
• Ghassan Aboud Group: UAE/MENA diversified group with operations across automotive, food, hospitality, retail, and logistics. Comparable as a regional diversified holding with multi-sector subsidiary structure and B2B/government exposure.
• Bouri Group: Lebanese diversified holding with interests across engineering, services, and trading. Comparable as a Lebanese-domiciled multi-sector holding company pursuing regional growth.
• Fattal Group: Lebanon-headquartered diversified conglomerate with holdings across hospitality, food services, and other verticals. Comparable as a Lebanese diversified holding company pursuing multi-sector regional expansion.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/karimgrouplb
• LinkedInlinkedin.com/company/karim-group-holding

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries18 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 Karim Group Holding