Notable Saudi businessman a key member of the influential Al Rajhi family and the driving force behind Abdulkarim Al Rajhi Steel, a leading player in Saudi Arabia’s steel industry. The company produces high-quality steel products for construction, manufacturing, and infrastructure development. Abdulkarim Al Rajhi has expanded his entrepreneurial portfolio with Sunset Tarangire Ltd, an innovative company that operates in hunting, agriculture, real estate, and hospitality, primarily in Tanzania.
Distinguished Saudi businessman and a key figure in the prestigious Al Rajhi family, known for their significant influence on the Middle East’s business landscape. Khaled has made remarkable contributions to various industries through his leadership roles and entrepreneurial endeavors. As the founder of Khaled Al Rajhi Holdings (which deals with Retail, Hospitality & Restaurant, Industrial sector, Agriculture, and Real estate) and Sunset Tarangire Ltd, he has demonstrated a commitment to innovation, diversification, and sustainable growth.
The Al Rajhi family, to which Abdulkarim and Khaled belong, is among the wealthiest families in Saudi Arabia and the Middle East. Their wealth originates from a history of entrepreneurial success, including: "Al Rajhi Bank: Co-founded by Sulaiman bin Abdulaziz Al Rajhi, it is one of the largest Islamic banks globally", "Al Rajhi Holding Group: Diversified operations in Insurance & Banking, Agriculture & Commodities, Food & Beverage, Medical & Healthcare, Manufacturing & Industrial Goods, Housing & Real Estate, Engineering & Construction, Energy & Utilities, and Building Materials."
Their business model emphasizes Islamic principles, focusing on ethical investments and contributing to global economic development. The term “Al Rajhi” (الراجحي) has Arabic roots and generally means “the one who profits” or “the one who is successful or victorious.” It reflects notions of abundance and prosperity, which aligns with the family’s reputation as successful entrepreneurs and benefactors.
