Abdullah Al Othaim Investment Co.
Ahsan Ali, ACCA, currently serves as the Manager of Financial Reporting and Tax at Abdullah Al Othaim Investment, leading the IPO process and overseeing financial due diligence, prospectus preparation, and strategic financial planning across various sectors. Previous experience includes a role as Senior GCC Tax, Zakat, and VAT Consultant at Insights, where Ahsan provided regulatory advice and represented corporate clients on cross-jurisdictional tax issues. Ahsan also held the position of Senior Tax Associate at KPMG in Pakistan, focusing on taxation advisory services, tax compliance, and risk management. Early career experience includes working as an Accounts Officer at Alfatah retail industry. Academic qualifications include ACCA membership and a Bachelor's degree in Accounting and Finance from Oxford Brookes University.
Abdullah Al Othaim Investment Co.
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AOIC is one of the largest shopping mall operators in the Kingdom of Saudi Arabia and is the largest operator in secondary cities. The Company was established as a Saudi closed joint-stock company with a share capital of SAR 1,000,000,000 divided into 100,000,000 Shares with a nominal value of SAR 10 per Share. The Company aims to ensure sustainable operations and attractive profits for its shareholders through the ownership, development, and management of its malls, attracting top local and international brands. The Company offers a diversified range of mall, entertainment, retail, food and beverage, and cinema businesses. Its strategic focus on leadership in untapped areas in the Kingdom equates to the Company’s market leadership in small and medium cities, where its positioning provides a high barrier to competition, with a targeted offering in major cities. The Company benefits from a strong market ecosystem resulting in favorable capital market conditions, in parallel with supportive market dynamics and driven by Vision 2030 economic diversification initiatives. The IPO will provide an important strategic dimension to propel the Company’s growth strategy.