Corporations & Conglomerates Codexery

Saudi Aramco

Large Saudi conglomerate active in supermarkets, hotels, catering, real estate, oilfield services, construction, transportation, power, and water filtration.

Saudi Aramco

Carlos Figueroa Rojas · CC BY-SA 4.0

The Tamimi Group of Companies, sometimes called the al-Tamimi Group, is a large Saudi Arabian conglomerate of companies involved in supermarket chains, hotels, catering, real estate, oilfield services & supplies, road construction, transportation and trucking, power generation and water filtration.

field
Diversified conglomerate
nationality
Saudi Arabia
headquarters
Dammam

Verified Timeline

194219491953197619771979199820092018

Lore & Background

Founded in 1942 by the late Sheikh Ali bin Abdullah Al-Tamimi, the company is owned and managed by his heirs. The current chairman is Tariq Ali al-Tamimi. Beginning as a general supplier to the predecessor of Saudi Aramco, the Tamimi Group of Companies has several joint ventures, with companies as diverse as General Electric and Safeway. Tamimi Markets opened its headquarters and largest store in Dammam, with the opening date of the largest store not consistently recorded as 2018; it may have opened earlier. The group is active in import and distribution via Tamimi Commercial Co. (since 1949), real estate development (since 1953), power and industrial activities (since 1976), food services and facility management (since 1977), food industry (since 2009), food retailing via Tamimi Markets (since 1979, with over 110 stores in Saudi Arabia), and construction (since 1998).

Reader's Guide

The Tamimi Group of Companies is a large Saudi Arabian conglomerate with operations spanning supermarket chains, hotels, catering, real estate, oilfield services & supplies, road construction, transportation and trucking, power generation, and water filtration. It was founded in 1942 by the late Sheikh Ali bin Abdullah Al-Tamimi and remains owned and managed by his heirs, with Tariq Ali al-Tamimi as chairman. The group began as a major parts supplier to Saudi Aramco and has since formed joint ventures with companies including General Electric and Safeway. A key retail milestone came in 2018 when Tamimi Markets opened its headquarters and largest store in Dammam. The group's activities are organized by sector and start date: Tamimi Commercial Co. for import and distribution (since 1949), real estate development (since 1953), power and industrial activities (since 1976), food services and facility management (since 1977), food industry (since 2009), Tamimi Markets food retailing (since 1979, with over 110 stores in Saudi Arabia), and construction (since 1998). The company is also in partnership with Pakistani businessman and politician Sardar Tanveer Ilyas Khan.

Did You Know?

Origins & Family Stewardship

Founded in 1942 by the late Sheikh Ali bin Abdullah Al-Tamimi, the company is owned and managed by his heirs. The current chairman is Tariq Ali al-Tamimi.

From Oilfield Supplier to Multi-Sector Conglomerate

Beginning as a major parts supplier to oil giant Saudi Aramco, the Tamimi Group of Companies has several joint ventures, with companies as diverse as General Electric and Safeway. The Tamimi Group is active in the following sectors: Import and distribution: Tamimi Commercial Co. - TCCM (since 1949); Real estate development (since 1953); Power and industrial activities (since 1976); Food services and facility management (since 1977) and food industry (since 2009); Food retailing: Tamimi Markets (since 1979), with over 110 stores in Saudi Arabia; Construction (since 1998).

Retail Footprint & the Dammam Landmark

In 2018, Tamimi Markets opened its headquarters and largest store in Dammam. Tamimi Markets has been operating since 1979, with over 110 stores in Saudi Arabia. Food services and facility management have been running since 1977, and a food industry division was established in 2009.

Cross-Border Partnerships & Joint Ventures

The company is in partnership with Pakistani businessman and politician Sardar Tanveer Ilyas Khan. The Tamimi Group of Companies has several joint ventures, with companies as diverse as General Electric and Safeway. Tamimi Commercial Co. - TCCM has been active in import and distribution since 1949.

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Frequently Asked Questions

What is Saudi Aramco?

Saudi Aramco is the Saudi Arabian state-owned energy giant that dominates global oil and natural gas production. It is widely regarded as one of the most valuable and profitable corporations on Earth.

Where is Saudi Aramco headquartered?

The company is based in Dhahran, a city in the Eastern Province of Saudi Arabia that sits atop the country's largest oil fields.

What does Saudi Aramco actually do?

Its core operations span petroleum and natural gas exploration, extraction, refining, and petrochemical manufacturing, making it a vertically integrated energy powerhouse.

Who owns Saudi Aramco?

The Saudi government holds the vast majority of shares, effectively making the company a sovereign instrument of the kingdom's fiscal policy.

Why is Saudi Aramco so important to the global economy?

As the world's largest single oil producer, its output decisions ripple through every major energy market and influence fuel prices for billions of people worldwide.

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