Gulf Islamic Investments Group to double US portfolio

Gulf Islamic Investments (GII) Group plans to expand its presence in the United States by doubling its current US$750 million portfolio through GII Saudi Arabia over the next four years.

GII gained significant public attention in the United States following the successful public offering of a stake in zSpace on the NASDAQ in December 2024, building on several prior US investments. The firm’s growth strategy will prioritize new investments in logistics, education, and food production and processing sectors.

The Saudi-based arm of GII, a prominent alternative investment firm managing US$3.5 billion in assets, serves as the cornerstone for this expansion. GII’s operations in Saudi Arabia include a CMA-regulated Category One financial institution in Riyadh, the largest Saudi dental and dermatology chain (Al Meswak), a medical insurance provider (Abeer Medical), the leading bakery in western Saudi Arabia (Emad Bakeries), a logistics joint venture in Jeddah (with Logipoint), and a cutting-edge hydroponic farm in Ta’if, near Makkah (Badia Farms).

Chairman of GII Saudi Arabia and GII group Board Member Fawaz Al Tamimi commented: “We are keen to expand our investments in the USA, a country that GII knows well since our inception in 2014. The US is well-known as one of the best markets for private debt and private credit opportunities, which will allow GII to scale up its existing operations in these asset classes.”

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