--- title: "Bahamdan Group | Saudi Arabia | Private Investment Firm | BG Invest: Driving Growth and Partnerships" description: BG Invest, the investment arm of Bahamdan Group, is focused on leveraging Saudi Arabia's economic transformation by partnering with local government, businesses, and investors. Discover their investment diversity, legacy-building approach, partnership-driven mindset, and impact-oriented philosophy. --- [Skip to the main content.](https://bahamdan.com/bginvest#main-content) [![bglogo_white-1](https://bahamdan.com/hs-fs/hubfs/bglogo_white-1.png?width=105&height=125&name=bglogo_white-1.png "bglogo_white-1")](https://bahamdan.com/?hsLang=en) [![bglogo_positive-1](https://bahamdan.com/hs-fs/hubfs/bglogo_positive-1.png?width=105&height=125&name=bglogo_positive-1.png "bglogo_positive-1")](https://bahamdan.com/?hsLang=en) - [Home](https://bahamdan.com) - [About](https://bahamdan.com/about) - [Board](https://bahamdan.com/board) - [BG Invest](https://bahamdan.com/bginvest) - [Foundation](https://bahamdan.com/foundation) Toggle Menu Toggle Menu ###### Profile ### The Bahamdan Group is a privately-owned investment firm with a global mandate and a diversified portfolio of holdings across the Middle East and international markets. - [Home](https://bahamdan.com) - [About](https://bahamdan.com/about) - [Board](https://bahamdan.com/board) - [BG Invest](https://bahamdan.com/bginvest) - [Foundation](https://bahamdan.com/foundation) - [Home](https://bahamdan.com) - [About](https://bahamdan.com/about) - [Board](https://bahamdan.com/board) - [BG Invest](https://bahamdan.com/bginvest) - [Foundation](https://bahamdan.com/foundation) ###### Main Office The Bahamdan Group Business Gate Building C2 Unit 27 Airport Roada Riyadh 13244 Kingdom of Saudi Arabia ###### Contact Details Email [info@bahamdan.com](mailto:info@bahamdan.com) Switchboard (KSA) +966 11 463 6363 [*Facebook*](https://bahamdan.com/bginvest#0) [*Instagram*](https://bahamdan.com/bginvest#0) [*LinkedIn*](https://bahamdan.com/bginvest#0) [*Twitter*](https://bahamdan.com/bginvest#0) [*Youtube*](https://bahamdan.com/bginvest#0) [*Medium*](https://bahamdan.com/bginvest#0) # BG Invest Bahamdan Group’s wholly owned principal investment arm focused on the Kingdom of Saudi Arabia. ![parallax image](https://bahamdan.com/hubfs/bg17.jpg)   ###### OUR Commitment ## Contributing to and leveraging Saudi’s economic transformation. BG Invest is focused on contributing to and capturing opportunities from the transformative changes taking place in the Saudi economy. BG Invest partners with highly skilled operating teams, governments, business owners, and other investor partners to drive growth locally. It leverages the Bahamdan Group’s global network and partnerships to bring international operators, capital, and know-how to priority development sectors in Saudi Arabia.  ###### OUR SECTORS ## Broad-based experience including high-impact sectors. BG Invest maintains a robust presence in high-impact sectors, particularly Education, Food and Beverage, and Industrials, where its portfolio companies are market leaders. Furthermore, BG Invest possesses a well-established track record and holdings in Healthcare, Industrial, Telecommunications, and Real Estate, diversifying its portfolio and influence.     ###### OUR STRATEGY ## Thematic Pursuits for Future Growth. BG Invest adopts a thematic approach to identify opportunities, currently focusing on Privatization, Digitalization, Sustainability, and Economic Transformation within Saudi Arabia. This strategic outlook positions BG Invest to remain at the forefront of emerging trends and developments in the dynamic Saudi landscape. ###### OUR APPROACH ## We are committed to identifying and developing opportunities in Saudi Arabia. ### Investment Diversity BG Invest employs diverse investment strategies, encompassing sponsored platforms, active private equity alongside co-investors, real estate ventures, and financial investments. This comprehensive approach allows them to navigate various opportunities in the market effectively.   ### Business Builder Throughout its history, BG Invest has excelled as a business builder. Whether establishing new ventures or acquiring existing companies, their owner-operator mindset enhances operational efficiency and accelerates growth, drawing upon valuable know-how, resources, and a vast network of connections. ### Experienced Team BG Invest's Board, Management, and company operating executives bring together decades of experience in Saudi Arabia and other global markets. This wealth of experience is critical to driving strong performance and makes BG Invest a sought-after partner in the Saudi market.   ### Impact-Oriented BG Invest's aims to create alignment with a broad range of stakeholders. As long-term owner-operators, their activities are geared towards achieving beneficial impacts that extend beyond themselves and their partners, ultimately benefiting the broader economy and the community. ###### OUR TEAM ## Experienced and focused. [![Profiles.009](https://bahamdan.com/hubfs/Web%20Assets/Profiles.009.jpeg)](https://bahamdan.com/bginvest#tmp1_module_17026381306289) #### [Kamal Bahamdan](https://bahamdan.com/bginvest#tmp1_module_17026381306289) ##### Chairman, BGInvest & Vice Chairman, Bahamdan Group [![Profiles.006](https://bahamdan.com/hubfs/Web%20Assets/Profiles.006.jpeg)](https://bahamdan.com/bginvest#tmp2_module_17026381306289) #### [Mohannad Bahamdan](https://bahamdan.com/bginvest#tmp2_module_17026381306289) ##### Chief Executive Officer [![Profiles.010](https://bahamdan.com/hubfs/Profiles.010.jpeg)](https://bahamdan.com/bginvest#tmp3_module_17026381306289) #### [Walid Bahamdan](https://bahamdan.com/bginvest#tmp3_module_17026381306289) ##### Chief Operating Officer [![profile.101](https://bahamdan.com/hubfs/profile.101.jpeg)](https://bahamdan.com/bginvest#tmp4_module_17026381306289) #### [Rami Kayyali](https://bahamdan.com/bginvest#tmp4_module_17026381306289) ##### Chief Financial Officer ### Kamal Bahamdan ##### Chairman, BG Invest & Vice Chairman, Bahamdan Group Kamal Abdullah Bahamdan is an entrepreneur and investor with a 25-year career establishing and growing businesses around the world. Simultaneous to his business career, Kamal is a competitive athlete. He is a five-time Olympic equestrian and bronze medal winner in the London 2012 Olympic Games. Across his professional and sporting endeavors, Kamal is driven by a relentless focus on lifelong learning, excellence, and a determination to push beyond boundaries. His success has been complemented by his ability to attract the very best talent and build industry-leading teams that support him in executing his vision be it in business, sport, or philanthropy. Currently, Kamal is the Vice Chairman of the Bahamdan Group and Founder and Chief Executive Officer of Safanad, a New-York based, global holding company established in 2009. Throughout his career, Kamal has created numerous world-class platforms across education, healthcare, financial services, technology, telecommunications, and digital infrastructure, among others. He has a rigorous approach to investing that starts with assessing unfolding macro trends and their resulting micro dislocations. He then identifies opportunities to address business and social challenges that have emerged. With an owner-operator mindset, he brings the ecosystems, networks, and key talent to bear to build scalable platforms. Kamal has leveraged this approach to launch greenfield and start-up ventures, assemble and scale businesses through a buy and build approach, and manage challenging and complex turnaround and restructuring situations across the US, Europe, Asia, and Middle East. He has replicated this success time and again including during some of the most turbulent market events of the past three decades. Most recently, under his leadership, Safanad has executed over $10 billion in transactions and established multiple market-leading platforms. These include a fast growing K-12 education company with over 50,000 students worldwide, which was established to capture opportunities from increasing demand for high-quality private education globally, the UK’s largest care home operator, which was acquired as part of a restructuring process, turned around and scaled, and a leading US-based datacenter operator that was built after identifying the need for co-location datacenter operators and then executing additional bolt-on acquisitions to grow the business. He has also led sizable investments that have created multiple operationally-intensive real estate platforms across the US. Prior to Safanad, Kamal was the CEO of the Bahamdan Group, a family-owned global investment group with a 70-year history of investing in the Middle East and global markets, and previously co-founded the Washington, DC-based private equity firm BV Group.  At the Bahamdan Group, Kamal led a major turnaround of an industrial and consumer goods portfolio which included a water bottling company, repositioning the business from significant distress into a market leader, acquired, turned around, and significantly expanded a petrol station chain by increasing the sophistication in its real estate strategy and adding quality adjacent services and retail before exiting to one of the world’s largest energy companies, and created a telecommunications company in the first wave of the industry’s liberalization, before leading a complex nine-way merger and exiting to Saudi Arabia’s leading mobile operator. He also built one of the largest private school operators in the Kingdom and.  served as an early investor in the world’s largest online education company supporting the company’s expansion into MENA through the launch of the region’s first online school. Similarly, at the BV Group, Kamal led the early identification of numerous greenfield and buy-and-build opportunities across real estate, technology, education and other areas in the US, Europe, and Asia. Key among these include the 2002 launch of a $1.0B property-focused real estate fund to acquire US government real estate and capitalize on the rapid growth in the size and scale of the federal government, investment in a credit research firm that was transformed into a market leader, seizing on the emergence of the tech industry and impact of increasing data on society, and investing early in a higher education company that has served millions of students in response to a growing need for high-quality and affordable university education globally. Beyond making investments across his businesses into social-impact sectors for more than 20 years, Kamal is an education philanthropist. With an aim to giving children the best chance to succeed, he is dedicated to supporting early childhood development through his contributions to numerous initiatives and related organizations in the Middle East and globally. In 2022, he endowed the Bahamdan Professorship for Early Childhood Well-Being at Boston University, his alma matter, supporting greater research and innovation in the field, and serves on the Wheelock College of Education’s Dean’s Advisory Board. He is also an active participant in global forums focused on enhancing quality and access to education including serving as a member of the B20 Taskforce on Education and Employment for both the 2020 G20 meeting in Saudi Arabia and 2021 meeting in Italy. Kamal is also a member of the Swedish-Saudi Business Council’s Education Committee. In 2006, Kamal was recognized as a Young Global Leader by the World Economic Forum and holds a BSc in Manufacturing Engineering from Boston University. ### Mohannad Bahamdan ##### Chief Executive Officer Mohannad Bahamdan is the Group CEO of BGInvest. As a CEO, he is responsible for leading the development and execution of long-term strategies with the goal of increasing shareholder value. Mohannad started his career as an intern at the National Commercial Bank of Saudi Arabia (NCB) before joining the Group. He acted as a Deputy CEO prior to taking the CEO role. As part of his role as Deputy CEO, Mohannad was involved in the restructuring of one of the major underlying assets of the Group, Tas'helat Marketing Company, and helped manage the exit process from the asset. Apart from his executive role, Mohannad acts as a board member of the Group, a board and executive committee member of Tadrees, and a board member for other Group subsidiaries. Additionally, and prior to the exit from Tas'helat Marketing Company, he also acted as a board member for the latter. Mohannad obtained his bachelors degree as part of a dual-degree program from Regents College - AIU and London Southbank University. ### Walid Bahamdan ##### Chief Operating Officer Walid Bahamdan is a dynamic, result-oriented leader with experience in leading private and public organizations. He has contributed to drive organizational improvements and implementation of best practices. Currently he is Chief Operating Office and an Investment Director at BG Invest. He is responsible for the education platform that include 5 schools having over 13,000 students, through active participation in the boards and committees. He is a member of the Boards of Al Rowad International and Tadrees Holding Company and also a member of the executive committee at Tadrees Holding Company. In addition, he contributed in other sectors also including manufacturing and real estate. Before joining BG Invest, he was the Chairman and Assistant Professor of Accounting and Management Information Systems at King Fahd University of Petroleum and Minerals, and responsible for day-to-day operation of the department for 23 faculty members and ~ 250 students. By qualification, he is PhD in Management Sciences from the University of Waterloo, Canada and having Certificate in University Teaching from the same university. In addition, he has completed his BSc in Management Information Systems and then MBA from King Fahd University of Petroleum and Minerals. ### Rami Kayyali ##### Chief Financial Officer Rami Al Kayyali holds a Bachelors degree of Finance, Management and accounting from the University of Jordan with an ACCA certificate and IMA membership. He is a multidiscipline professional with vast experience in Finance, corporate governance, risk assessment, strategy and business development, and has a track record of accomplishments of his 20 years of working experience in the local market in addition to more than 10 years of experience with big four audit firm. ###### OUR PORTFOLIO ## Growth through business building. ![](https://bahamdan.com/hs-fs/hubfs/Row%20of%20water%20bottles.jpeg?width=1000&height=665&name=Row%20of%20water%20bottles.jpeg) ![Nova Water](https://bahamdan.com/hs-fs/hubfs/Nova%20Water.png?width=100&height=85&name=Nova%20Water.png) ### Nova Sector: Food and Beverage Region: Riyadh [www.novawater.com](https://www.novawater.com) Health Water Bottling Company was founded in 1973 and has maintained its quest to be the most innovative water bottling company in the industry. The company’s product is distinguished by its purity and distinctive taste. The company operates a factory about 120km east of Riyadh, a protected area known for its water resources.  ![](https://bahamdan.com/hs-fs/hubfs/Children%20at%20school%20classroom.jpeg?width=1000&height=665&name=Children%20at%20school%20classroom.jpeg) ![Tadrees Holding](https://bahamdan.com/hs-fs/hubfs/Tadrees%20Holding.jpg?width=100&height=100&name=Tadrees%20Holding.jpg) ### Tadrees Sector: Education Region: Riyadh [www.tadreesholding.com](https://www.tadreesholding.com/) Tadrees is one of the most distinguished educational service providers in the Kingdom of Saudi Arabia, with a team composed of some of the most senior and experienced education industry professionals in the country. Tadrees operates the Al Rowad International School, a leading middle market K-12 institution in Riyadh with nearly 6,000 students and that was ranked 4th in Qudrat in the Kingdom. ![](https://bahamdan.com/hs-fs/hubfs/shutterstock_1472538056.jpg?width=1000&height=667&name=shutterstock_1472538056.jpg) ![Alupco](https://bahamdan.com/hs-fs/hubfs/Alupco.png?width=100&height=101&name=Alupco.png) ### Alupco Sector: Industrials Region: Riyadh [www.alupco.com](http://www.alupco.com/) Alupco is the largest producer of extruded and surface treated aluminium profiles in the Middle East. It is also renown for a variety of surface treatments it produces, such as electrostatic powder coating, anodizing, polishing, and wood finish coating. It has supplied landmark regional projects including the SABIC Headquarters, Kingdom Tower, and Al Faisaliah Tower in Riyadh, Etihad Towers in Abu Dhabi, and DIFC, Burj Al Arab, and Emirates Towers in Dubai, among others. The company’s Head Office and first plant is in the Dammam 1st Industrial City, while the company’s other plant is located in the Jeddah Industrial City Phase 2. ![](https://bahamdan.com/hs-fs/hubfs/maxresdefault.jpg?width=552&height=403&name=maxresdefault.jpg) ![Al Hamra Oasis Village](https://bahamdan.com/hs-fs/hubfs/Al%20Hamra%20Oasis%20Village.png?width=100&height=91&name=Al%20Hamra%20Oasis%20Village.png) ### Al Hamra Compound Sector: Real Estate Region: Riyadh [www.alhamra.com.sa](https://www.alhamra.com.sa/) The Al Hamra Oasis Village Compound is one of Riyadh’s most renown residential compounds, offering a complete array of property styles to suit different family needs and tastes. The compound lies about 15 minutes from both the King Khalid International Airport and main shopping centers in Riyadh and consists of 404 residential units, the British International School – Riyadh, a state-of-the-art fitness center, seven swimming pools, and a bowling alley among other amenities. ![](https://bahamdan.com/hs-fs/hubfs/650fe6a2-5643-4f8f-8c1d-36948d5dc964.jpg?width=900&height=600&name=650fe6a2-5643-4f8f-8c1d-36948d5dc964.jpg) ![Business Gate Logo](https://bahamdan.com/hs-fs/hubfs/Business%20Gate%20Logo.jpg?width=200&height=53&name=Business%20Gate%20Logo.jpg) ### The Business Gate Sector: Real Estate Region: Riyadh [www.bg-sa.com](http://www.bg-sa.com/) The Business Gate is one of Riyadh’s first and leading mixed use office parks, located 10 minutes from King Khalid International Airport. The office park caters for large and medium-sized companies including Microsoft, Oracle, Siemens, and Pfizer and includes an onsite five-star Fairmont Hotel. ![](https://bahamdan.com/hs-fs/hubfs/pRKxEqff-sahel-fuel-station.jpg?width=900&height=532&name=pRKxEqff-sahel-fuel-station.jpg) ![Tashelat](https://bahamdan.com/hs-fs/hubfs/Tashelat.png?width=100&height=96&name=Tashelat.png) ### Tas’helat Exited Sector: Retail Region: Riyadh Tas’helat / Sahel was a nation-wide chain of petrol stations that delivered a high-quality customer experience across the Kingdom in over 100 locations. The chain was exited in 2018. ![](https://bahamdan.com/hs-fs/hubfs/shutterstock_1303675030.jpg?width=1000&height=665&name=shutterstock_1303675030.jpg) ### ATC Exited Sector: Telecommunications Region: Saudi Arabia ATC was a telecommunications company providing new-to-the-market products, such as scratch cards, as part of the Kingdom’s initial telecoms liberalization. The company built a nationwide distribution network and was exited in 2017. ##### Profile The Bahamdan Group is a privately-owned holding company with a diversified portfolio across the Kingdom of Saudi Arabia and select global markets. ##### Main Office The Bahamdan Group Business Gate Building C2 Unit 27 Airport Road Riyadh 13244 Kingdom of Saudi Arabia ##### Contact Details Email [info@bahamdan.com](mailto:info@bahamdan.com) Switchboard (KSA) +966 11 463 6363 ##### Links - [Home](https://bahamdan.com) - [About](https://bahamdan.com/about) - [Board](https://bahamdan.com/board) - [BG Invest](https://bahamdan.com/bginvest) - [Foundation](https://bahamdan.com/foundation) © 2026 Bahamdan Group Return to top