; 47 years ago 1969 headquarters jeddah saudi arabia area served middle east north africa asia europe key people saleh abdullah kamel chairman abdullah saleh kamel ceo abdulrahman alrwatie senior evp abdulelah sabbahi cfo yaser yamani evp for corporate social responsibility abdulaziz yamani evp for development mohialden saleh kamel evp for projects abdullah yamani evp & general counsel hadeel saleh kamel assistant to the ceo saud algufaidi assistant to the ceo for real estate tarek ali cfo for real estate website http www.dallah.com dallah al baraka arabic holding company dbhc is a private multinational corporation based in jeddah saudi arabia . the company has holdings throughout the middle east north africa the far east and europe . the company is best classed as a conglomerate with investments including the financial banking healthcare real estate manufacturing transportation and operations and maintenance sectors . 1 contents 1 overview 2 history 3 philanthropy 4 allegations 5 major subsidiaries and business units 5.1 dallah group 5.2 dallah real estate and tourism company 5.3 al samaha trade holding company 5.4 al jazira transport company 5.5 dallah telecom company 6 other investments 7 references overview edit dallah albaraka holding company dbhc is a multinational private corporation based in jeddah saudi arabia . dbhc has a broad based investment portfolio with holdings throughout the middle east north africa far east and europe . it invests across many industries including financial and banking services health care manufacturing real estate transportation and operations and maintenance . 2 history edit the company began in 1969 as a courier service with the name dallah establishment by saleh abdullah kamal in riyadh . 3 by 1979 was one of the largest contractors for the saudi government . dbhc was formed as a holding company in 1984 when dallah establishment expanded its activities to include financial and banking services health care manufacturing real estate and tourism trading agriculture operations and maintenance and transportation . as dbhc continued to grow major subsidiaries were established to manage the investments in key sectors which includes an international network of banks in addition to investment and insurance vehicles ; and general business which range from hospital operations to cleaning and maintenance to food manufacture and restaurants . 4 today dbhc is one of the largest conglomerates in the region with diversified investments totaling billions of dollars spanning 40 countries . 5 in 1969 dhbc expanded its investments to create dallah works and maintenance company in riyadh . that company benefiting from contracts with the saudi government including the cleaning and maintenance of the mecca and medina holy sites provided the financial launch for increasingly diverse investments . in the mid 1970s dallah expanded its investments to include dallah avco trans arabia company which specialized in airport construction operation and maintenance . dallah avco arabia attained a large number of airport and related operations in saudi such as the 1988 contract to maintain and run the saudi s air traffic control system . 4 in 2012 dhbc the islamic development bank and the qatari government signed a memorandum of understanding to establish an islamic bank with 1 billion in capital . 6 the huge islamic bank shall provide liquidity management solutions in an effort to create an islamic inter bank market said ahmad mohamed ali al madani chairman of jeddah based idb . 6 the doha based bank had a subscribed capital of 500 million and finances infrastructure projects . 6 philanthropy edit as part of an effort to build inter religious harmony and bridge the west and the islamic worldin 2015 dhbc ceo kamel donated 10 million to yale law school to establish abdallah s. kamel center for the study of islamic law and civilization in what has become the country s top center for the study of islamic law . 7 the center hosts distinguished scholars in the field of islamic law and civilization who will spend a semester at the law school to teach courses in their area of expertise . visiting professors will also offer public lectures and engage with students and faculty at the law school and yale university . 8 dbhc is active in publicizing its social engagement activities to include support for the islamic economic centers at king abdulaziz university king saud university azhar university al faisal university and yale university . 9 10 allegations edit in 2005 both kamel and al baraka were cleared of allegations that sections of the holding company were involved in illicit financing . 11 despite controversy surrounding his philanthropic work kamel was never charged with knowingly abetting any extremist groups and has consistently stated that his company and philanthropic work remain committed to fostering dialogue and inter religious understanding . 12 the ruling by judge casey of the united states district court southern district new york dismissed in their entirety all claims against al baraka and mr. kamel . 13 major subsidiaries and business units edit dallah group edit established in 1997 dallah group was orgainzed to perform contracts related to the operation and maintenance of airports and mosques road construction driving training schools traffic control and business solutions among other business lines . dallah real estate and tourism company edit dallah real estate and tourism company is a regional real estate holding company that specializes in real estate advisory management and development . al samaha trade holding company edit al samaha trade holding company specializes in trade within local and global markets . its activities include importation of consumer goods hoist platforms and servicing contracts to operate e government services . al jazira transport company edit the al jazira transport company focuses on providing transportation services for pilgrims and omra visitors . its activities also include refrigerated transport a primary hauler for most of the dairy and juice producers in saudi arabia while its fleet comprises more than 400 trucks and trailers in addition to 100 plus towing trucks and trailers for the transportation of dry and liquid materials over 2 000 vehicles in total . 14 dallah telecom company edit dallah telecom was established in 1990 to modernize telecommunications and information technology in saudi arabia and other countries in the region . since its establishment dallah telecom has implemented high tech projects for wired and wireless telecommunications on regional and international levels . dallah telecom provides digital learning systems to saudi universities and helps implement long term education development strategies . it also cooperates with local and international companies to develop new business opportunities and manage commercial telecommunications projects . other investments edit dallah albaraka holding company holds direct and indirect investments in many private and publicly traded listed companies including private equity al manakha urban project development holding co. durrat al riyadh co. 15 dallah eastbridge investment co. dallah media production company 16 dallah for technology and alternative energy ejada food manufacturing company ulker 17 makkah printing and information company maad international co. okaz umm alqura for development & construction publicly listed companies majority investments dallah health care company 18 al baraka banking group 19 al multaka aseer trading tourism & manufacturing company el ismaila poultry minority investments jabal omar development company bank al jazira reinvention media ltd. references edit dallah albaraka website . dallah albarakah . retrieved 2016 04 27 . dallah albaraka holding co. . www.dallah.com . retrieved 2016 05 08 . simpson glenn r. ; wartzman rick 2001 11 02 . u.s. probes saudi conglomerate for links to islamic militants . wall street journal . issn 0099 9660 . retrieved 2016 03 18 . a b history of dallah albaraka group fundinguniverse . www.fundinguniverse.com . retrieved 2016 03 18 . saudi arabia s biggest companies arabian business at arabcin.net . www.arabcin.net . retrieved 2016 05 08 . a b c wardany salma el 2013 04 03 . idb qatar and dallah albaraka to set up 1 billion islamic bank . bloomberg.com . retrieved 2016 03 18 . abdallah s. kamel saudi businessman donates 10m for islamic law center at yale . nbc news . retrieved 2016 04 27 . abdallah s. kamel center for the study of islamic law and civilization yale law school . www.law.yale.edu . retrieved 2016 05 08 . dallah albaraka holding co. . www.dallah.com . retrieved 2016 05 08 . dallah albaraka holding co. . www.dallah.com . retrieved 2016 05 08 . saudis cleared in 9 11 cases . arab news . 2005 01 20 . retrieved 2016 05 08 . simpson glenn r. ; journal rick wartzman staff reporters of the wall street 2001 11 03 . u.s. probes saudi conglomerate for links to islamic militants . wall street journal . issn 0099 9660 . retrieved 2016 05 08 . burnett v. al baraka inv . & dev . corp. . uniset.ca . retrieved 2016 06 07 . al jazirah geared up to serve haj pilgrims . arab news . https web.archive.org web 20101020144323 http www.dallah.com en investment.aspx id estate . archived from the original on october 20 2010 . retrieved october 20 2010 . missing or empty title help . iqraa . 24 june 2012 . retrieved 9 december 2013 . https web.archive.org web 20101020144339 http www.dallah.com en investment.aspx id industrial . archived from the original on october 20 2010 . retrieved october 20 2010 . missing or empty title help 1 archived december 23 2010 at the wayback machine . https web.archive.org web 20101020144329 http www.dallah.com en investment.aspx id finance . archived from the original on october 20 2010 . retrieved october 20 2010 . missing or empty title help retrieved from https en.wikipedia.org w index.php title 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