About Us2

The Company | The Founder

The Alsubeaei family business has its origins at a trading house founded in Makkah by Mohammed Ibrahim Alsubeaei in 1933. He later partnered with his brother Abdullah Ibrahim Alsubeaei. They established a family group of companies that has grown with the fortunes of Saudi Arabia following the Second World War. The Alsubeaei Currency Exchange Company marked the formal entry into the financial services business and by the early 21st century, the company had grown to be amongst the top 50 companies in Saudi Arabia. The company’s investments included financial services, real estate, agricultural (aquaculture), manufacturing, industrial and retail.

At the onset of the 21st century, the Alsubeaei family was actively working on the transition from the founding generation to second generation. The family sought an approach that would optimize its portfolio of investments whilst maintaining the values that make it one of the most sought after co-investors in Saudi Arabia and the region. This led to the decision to establish a professionally managed investment company; Mohammed Alsubeaei & Sons Investments Company (MASIC).

Since 2006, MASIC has transformed from a traditional family investment business to a professional investment company whilst maintaining its focus on the values of the family including Shariah compliance. The company has focused on actively seeking new opportunities locally, regionally and globally to achieve optimum growth. MASIC has employed the services of the world’s leading strategy consultants to assist in this transformation.

Board of Directors

(2014 - 2019)

Ibrahim Alsubeaei
Nasser Alsubeaei
Vice Chairman
Dr. Abdulrahman Alhumaid
Khaled Alhathal
Abdulaziz Alsubeaei
Adel Alsubeaei
Mazen Al-Jubeir
Director ( became a Director in 2017 )
Majed Alsubeaei
Yazeed Alsubeaei

The Executive Team

Hani Halawani
Chief Executive Officer
Sulaiman Al-Quhidan, CPA, MBA
Chief Financial Officer
Saad Alsayari
Chief Operating Officer
Salman Bin Shalhoub Al-Shalhoub
General Manger , Real-Estate Development and Management
Joseph Hakme
CO-Head of Direct Investment
Serge Cherfan
CO-Head of Direct Investment
Dr. Nader Al Harbi
Director of Legal
Wisam Khouri
Director Of Internal Audit

Department Managers

Mohammed Salah Mohamed, CMA, MBA
Financial controller
Yazeed Aljuraid
Director of Treasury
Farouk Sawtari
Leasing Manager
Hamad Almusallam
Legal Manager
Hassan Shuqair Alrwaily
Construction Manager