MASIC Mohammed I.Alsubeaei & Sons Investment Company
- The Alsubeaei family business has its origins at a trading house founded in Makkah by Mohammed Ibrahim Alsubeaei in 1933. The company’s investments included financial services, real estate, agricultural (aquaculture), manufacturing, industrial and retail.
- 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.
- MASIC has engaged Warifat Hospitality, a Joint venture of Eaglewing based in KSA, to provide advisory services in connection with an Operator search, negotiation and to set up a hotel operations agreement for tow 4-Star hotels in Makkah.