Fahad Abdullah Al-Rajhi Holding Company (FAR Venture) is based in Riyadh, Saudi Arabia.It is a conglomerate of companies which are engaged in varied Business Operations grouped under four main divisions (SBUs): FAR Investment Co. (FIC), Healthy Foods Co. (HFC), Medical Innovation Co. (MIC) and FAR International Holding Company (FARIHC).
The company’s Shareholders combine local experience and global expertise to deliver new standards of excellence in home financing to Saudi Arabia. FIC has investment portfolios handled through various SPVs under its banner. One of the flagship companies under FIC is Deutsche Gulf Finance Company (www.deutschegulf.com). This is a $110 million home finance mortgage company in joint venture with Deutsche Bank. All investments in real estate, hospitality, etc are done under FIC.
Deutsche Gulf Finance Company is a closed joint stock company – joint venture between Deutsche Bank and FAR Investment Company. DGF’s mission is to promote home ownership in Saudi Arabia and the GCC region by providing Sharia’a compliant home finance solutions that enable its clients to purchase a home for their future prosperity and stability. The company adheres to Sharia’a principles in how it operates and in the products it offers.
Al Nakhla Company: Al Nakhla Company for Commerce and Real Estate Investment is the single largest investor in Deutsche Gulf Finance and is owned by Far Venture Holdings.it’s an SPV of Fahad A.Abdullah Al Rajhi Company(FIC). Al Nakhla is managed by a prominent group of KSA based investors lead by Mr. Fahad Abdullah Al Rajhi.
F & B Ventures is in Food and Beverage service and retailing where the complete hospitality business sector in Saudi Arabia. Our customer experience is created by romancing the senses and emersion in the culture with quality service. Healthy Foods Company (HFC) is currently has more than 200 staffs, operating more than 50 stores in Riyadh, Saudi Arabia. HFC has central warehouse and central kitchen to support the business and logistics.
We wanted to create a place where people exude memorable moments of joy, indulgence, entertainment, engagement, re-charge and unwind. This spark created us in creating stores, which will be refined in every step we take, serving fresh and gourmets, rich in quality that we imply, inviting in ambience for your relaxation, elegant in every aspect of our store lifestyle and a distinct perceptible clear approach. This concept gave us a stepping stone in creating the most elegant, inviting and distinct food.
Since our target market is quality service seeker, the most important market needs are service with hospitality assuring excellent product quality and consistency. One of our key points of our strategy is the focus on target segments and provides the best service exceeding their expectation always.
The most obvious and important trend in the market is declining prices, which is been true for years, but the trend seems to be accelerating. We observe the major brands provide a lot of choice to its customers at amazing prices. To relax in the evening, people look for a quiet and elegant place to comfort their work stress. To conduct business meeting or to socialize with friends and families everybody wants onto the internet at the same time find a relaxing affordable place along with his favorite rich coffee. With the change in lifestyle of the people towards café and with new cafes growing likes there is a substantial growth in the market, providing luxury and leisure at affordable prices even for the price conscious segment. We consider this data and provide our customer highest quality products in a distinct and elegant environment and affordable indulgence
Auntie Anne’s – Saudi Arabia:
Auntie Anne’s exclusive Master Franchisee business for Saudi Arabia is incorporated in May 2001. Auntie Anne’s USA is part of Focus Group and has various other brands such as Cinnobon, Seattle’s Best Coffee, Carvel, etc. Established in 1988, Auntie Anne’s USA has more than 1,100 franchised locations worldwide in malls, transportation sites, colleges and universities, and non-traditional shopping and entertainment centers.
Healthy Foods Company is the master franchisee of Auntie Anne’s brand for Saudi Arabia. The franchisee agreement initially started with FAR Establishment Company and changed to Healthy Foods Company effective on 1st January, 2011.
Auntie Anne’s is specialized in retail Pretzel business and other food and beverages. It operates in King Fahad Medical City, Princess Noura University, Hammadi Hospital, Kingdom Center, Al Faisaliah Mall, King Saud University, Riyadh Care Hospital, etc as kiosks. Currently, it operates more than 20 stores in Riyadh.
Auntie Anne’s are available in social network site in Facebook and can be reached on web site www.auntieannes.com
Java Café – Saudi Arabia:
Java Café is incorporated in May 2005. Java Café is a local brand specialized in coffee business and one of the pioneers in Saudi Arabia. It has created a unique brand value in Riyadh. It serves coffee lovers with variety of coffee beverages (hot and cold), mocha, sandwiches, cakes, muffins, donuts, etc.
Currently, Java café operates more than 30 stores in Riyadh. It operates in King Fahad Medical City, Princess Noura University, Hammadi Hospital, Al Rajhi Bank, King Saud University, Riyadh Care Hospital, etc in various business concepts like drive-through, stand alone store, kiosks and carts.
Java Café and Falnori Coffee are available in social network site in Facebook and can be reached on web site www.javacafe.com.sa
Falnori Coffee brand is a new concept more than one year old. This is developed to have a niche in the coffee business to serve high end customers. Falnori Coffee will have a model of standalone stores only and currently it has two stores fully operating. The first store is located in Deutsche Gulf Finance Building in King Abdullah Street, Riyadh and another is in Al Waha Riyadh.
Java Café and Falnori Coffee will be available soon in social network site Facebook and will be on web site www.falnoricoffee.com
Medical Innovation Company (MIC) has established a reputation of excellence in health care with over ten years of experience. The latest technology and knowledge in modern medicine with renowned practioners in their field to offer the finest health care with international standards.
We focus all efforts on enhancing the quality of life through healthcare. Variety of services and procedures include: Day Surgery, Internal Medicine, Pediatrics, Gynecology/Obstetrics, Endocrinology, ENT and Family Medicine. Expanding facilities include; operating theatres, X-ray, ultrasound, laboratory and pharmacy.
Our Dermatology and Aesthetic Medicine centre offers a range of services from diagnostics and prevention of dermatological diseases to aesthetic medicine procedures and premier laser therapy. Medical Innovation Company is currently operating four clinics and pharmacies:
AL- OLAYA INTERNATIONAL CLINIC – RIYADH
Al Olaya International Medical Clinic – one of the largest private medical clinics in Riyadh
Since 1993 Al Olaya Medical Clinic has been providing qualified medical care to you and your family. Today Al –Olaya International clinic is a large complex consisting of various clinical departments, providing medical services in all clinical specialties.The key to Al –Olaya International clinic‘s success is in highly qualified medical staff and flawless service.
AL RAJHI INTERNATIONAL CLINIC – RIYADH & AL – KHOBAR
Al Rajhi International Clinic Group has the expertise and experience to provide effective, dependable Health care solutions for our clients in Riyadh and Al Khobar region. Focus on providing quality occupational medical healthcare. We are the trusted single-solution provider to the patients and insurance companies can trust to optimize the quality of patient care we provided while assisting with complex healthcare issues.
DAR AL SHARIK CLINICAL CENTER – RIYADH
The DAR AL SHARIK Clinical Center (DH) was founded in 1995 by four internists hoping to provide higher quality medical care to their patients. Helping to pioneer the idea of multispecialty physician practices at the time, the physicians recognized that a close association among various specialties would foster sharing of knowledge, staff, resources and experience while rendering equipment purchasing and maintenance more efficient and effective.DH and its physicians were driven by the mission of treating the public with the most complete and quality healthcare available in Riyadh. The team believed such care requires not only highly trained, conscientious and sincere physicians who have access to the latest diagnostic equipment, laboratory and radiology facilities, but also a courteous and efficient staff who helps patients receives care in a responsible, professional and personal manner.
FAR INTERNATIONAL HOLDING COMPANY(FARIHC)
FARIHC is registered in Cayman Island located South of Cuba. All the international investments of FAR Venture Company are handling through FARIHC