• Urban development:

At the Turn of the Millennium, the company made a strong entry into the real estate sector by establishing Palmasaken Specialized Real Estate Company, which focused on delivering distinguished residential projects. Among its most notable achievements:

  • Luluat Al-Madina Master Plan: One of Al-Hama’s most prominent real estate ventures and among the most challenging projects undertaken by the company. It is uniquely located just 3 kilometers from the Prophet’s Mosque.
  • Danyah Villas Series: A collection of luxury homes that laid the foundation for the company's success in real estate development.
  • Luxury Residential Units in Jeddah: The company specialized in developing high-end residential apartments tailored to the needs of home seekers, with a strong emphasis on offering the highest standards of quality and luxury.

  • Industry:

The Company Expanded into the Industrial Sector with a focus on delivering high-quality products that contribute to both national and international industrial growth. Among its most notable projects:

  • Hamat Al-Hejaz Blanket Factory: Inaugurated in Jeddah in 2021, this factory specializes in the production of premium blankets and is considered one of the largest of its kind in the Kingdom.
  • Bardi Corrugated Paper Factory: Established in the Arab Republic of Egypt, this factory specializes in the production of corrugated paper to meet the needs of regional and international markets.

  • Technology and smart services:

Keeping Pace with Technological Advancements, the company launched innovative tech projects that serve a variety of sectors. Among the most notable:

  • Carwah Information Technology Company: Established in 2018, the company developed "Carwah App", which has grown to become the largest car rental platform in the Kingdom, offering smart and user-friendly services.
  • Hospitality:

As Part of Its Entry into the Hospitality Sector, the company launched:

  • Farnas Restaurant & Kitchen: Established in 2018, it specializes in catering services and traditional local cuisine, offering high-quality meals that make it a top choice for customers seeking an authentic local dining experience.

  • Foreign investments:
  • Taqana Technology Company – Egypt
    Established in 2021, this company specializes in providing innovative tech solutions tailored to the Egyptian market.
  • Hareef App – Egypt
    A delivery app focused on providing efficient and innovative delivery solutions in Egypt.

The company also expanded internationally through diverse strategic investments, including:

  • Spot Coffee – Canada
    An investment in Canada since 2010, Spot Coffee focuses on delivering an exceptional coffee experience.
  • Taqana for Import and Export – Egypt
    Founded in Egypt, this company supports regional import and export operations, contributing to the growth of cross-border trade.
  • Bardi Corrugated Paper Factory – Egypt
    A key industrial facility that meets the growing demand for corrugated paper, supporting industries and supply chains both regionally and internationally.


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