Mohammed Abdulaziz Al-Rajhi & Sons Investment Company “Al-Rajhi Investment” and Dividend Gate Capital, established Food District, to invest in the food and beverage sector through the acquisition and establishment of several restaurants throughout the Kingdom, to become a distinct holding company in this field. Khashoggi Holding Company, Al-Saedan Real Estate Company, Abdulrahman Al-Suhaim Real Estate Investment Company, Mohammed bin Ishaq Holding Company, and a group of businessmen from the Kingdom of Saudi Arabia and the Gulf contributed to this establishment. The signing ceremony was held at Voco Hotel in Riyadh.
Marking the occasion, Khaled Al Hammadi, CEO of Dividend Gate Capital, expressed his gladness with the partnership of reputable groups and businessmen who have a long history in the world of business and trade in the Kingdom of Saudi Arabia and the Gulf countries to benefit from their expertise.
He said, “This partnership is in line with Dividend Gate Capital’s strategy to acquire restaurants in the Kingdom of Saudi Arabia; it complements the path of success achieved by the company in the past period by building an integrated team with long experience in the field of hospitality management.”
