Our
History

FOUNDER

1974

2009

2021

FOUNDER

FOUNDER

Khaled Bin Mahfouz

Al-Murjan Holding Group comes as an extension of the long success story that Khalid lived with his father - the founder of the first national bank in the Kingdom 1954 - where he initially worked as an employee proved highly efficient, later becoming Chairman of the Board of Directors. 

Khaled worked with accuracy and seriousness, distinguished by determination, he pursued his goals until achievement, even if it required him to take risks. Nevertheless, his actions were carefully calculated, framed with care, and his decisions decisive.

Khaled lived his life based on principles and motives stronger than making money, such as love of work and achieving success. He never hesitated to provide a community service, to give reciprocity between the private sector and the people of the country, and contributing in the development of his country.

1974

1974

Al Murjan GROUP

With his ambitions, Khaled exceeded the limits of the bank, and launched major investments, founding the Murjan Group Holding in 1974, which included real estate, commercial, health, financial and banking fields, extended its activities to the Middle East and to Europe.

2009

2009

Abdul Rahman Bin Mahfouz

The eldest son, Abdul Rahman Bin Mahfouz, followed the same approach, as he gave it great completion by improving the organizational structure, and believed in the role of administrative regulation in achieving the sustainability of the business.

Since 2009, he was able to preserve the group's gains and achievements, developed investments and real estate, and established many pioneering businesses, based on foundations, standards, and principles, Bearing in mind the importance of supporting and developing multiple sectors in the Kingdom in line with Vision 2030, as the best way to preserve a financial and moral legacy.

2021

2021

Sultan Bin Mahfouz

The jurisprudence continues with the younger son, Sultan bin Khalid, which is keen to provide the leadership model, expanding the development of the group, Continuing to plan and implement strategies to achieve objectives, accomplish tasks, and enhance professional Efficiency and organizational culture.

FAMILY VALUES

All the business and dealings that the family members grew up on are stemming from well-established principles rooted in the roots planted by its Dean and followed by his son and grandsons. 

An Australian journalist asked Salem bin Mahfouz, during a trip outside the Kingdom. "In your country, the fortune is measured by dinars and gold, how much do have?”. 

He replied “My son, the human being we have in the lands of Islam, his value is not measured in gold and dinars, but in how much he gave his society and nation. The measures of value, virtue and prestige in our society are the feeling of duty towards the homeland and others without being forcing or boastful.