In 1969, Dammam Group Holding started with a Real Estate Agency and soon acquired the rights for General Real Estates in Saudi Arabia. Being both a visionary as well as an entrepreneur.
The company managed to secure the exclusive distribution rights for Samsung, Apple, HTC, Nokia and Motorola Telecommunications in Saudi Arabia. This partnership continues until this day, growing stronger and healthier with time, a fact that the Group prides itself with. The business witnessed even further growth over the next decades, with diversification of business into new areas, such as Oil & Gas Explorations, Financing, Trading, Venture Capitalist, while still continuing to grow the Telecommunication business.
1982 was a key milestone for the Telecommunication division of Dammam Investment Group when it achieved even further success after being appointed as the exclusive distributor for HTC in Saudi Arabia. This partnership also exists until this day, with further growth of the partnership with HTC in new areas such as USA, Iraq and Kuwait, both through joint ventures with other partners.
Under the guidance and leadership of the Group’s shareholders principal goal is to create effective and far-reaching solutions that would address a wide range of needs, starting from Telecommunication, financing solutions, engineering, Oil and Gas Explorations, and trading while at the same time identifying and securing new business opportunities that would benefit our customers.