About Al-Muhanna Group

Al-Muhanna Group is a Saudi family business group based in Dammam. Its activities today include gold and jewellery manufacturing, real estate investment, trading and contracting, and hospitality and restaurants.

The group’s first company, the Gulf Factory for Jewellery Manufacturing, was formally established in 1967, but the family’s craft in gold goes back about two hundred years. The factory was followed by the trading and contracting establishment, and the group then moved into hospitality, including hotels and furnished apartments.

The group later expanded into services, leasing a fleet of luxury vehicles to major government and private organisations in the Kingdom, and grew its real estate activity to cover the Kingdom, the GCC, the Levant and Egypt. Today Al-Muhanna Group serves a wide range of customers through businesses that share the same commitment to quality and trust.

Our Business

Real Estate

Real Estate

Al-Muhanna Real Estate Investment, founded in 1993, is one of the leading companies of Al-Muhanna Group and has...

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Jewellery Manufacturing

Jewellery Manufacturing

The Gulf Factory for Jewellery Manufacturing was the first business of Al-Muhanna Group. Founded in 1967, it is...

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Trading & Contracting

Trading & Contracting

Al-Muhanna Trading & Contracting Establishment was founded in 1976 and is one of the core businesses of Al-Muhanna...

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Our Management Team

The late Sheikh Mohammed bin Hassan Al-Muhanna, Group Founder

THE LATE SHEIKH MOHAMMED BIN HASSAN AL-MUHANNA

Group Founder (may God rest his soul)

The late Sheikh Mohammed bin Hassan Al-Muhanna (may God rest his soul) was born in Al-Ahsa, in the Eastern Province of Saudi Arabia. He was one of the leading gold merchants in the Eastern Province and the Gulf, and served as Chairman of the Board of Managers of the group. A self-made man, he relied on God and then on his own judgement and craftsmanship, and overcame many obstacles to preserve the craft of his forefathers. He became one of the most respected businessmen in the Eastern Province and was a member of the Gold Committee of the Chamber of Commerce. He passed away in 2017.
Hassan bin Mohammed Al-Muhanna, General Manager

MR. HASSAN BIN MOHAMMED AL-MUHANNA

General Manager of Al-Muhanna Group

The eldest of three brothers, Hassan was born in Dhahran, Saudi Arabia. Outgoing and sociable, he is willing to take considered risks and has a natural leadership spirit, balanced by a careful, measured approach. One of his core business principles is that anyone who wants to build a successful business must keep improving their management skills.

After secondary school his father sent him to the United States, where he studied at the University of Oregon and graduated in 1996 with a Bachelor’s degree in Business Administration.

On his return to Saudi Arabia he took over the management of his father’s properties and business, reorganised the establishment and became its General Manager. He is responsible for administration, finance and personnel, and has authority over the group’s major gold trading and real estate transactions. He also started a successful luxury car rental business alongside his real estate investments.

His vision has been to make the group a model company with a strong reputation, built on high-quality products and services.
Ali bin Mohammed Al-Muhanna, Gold Retail Manager

MR. ALI BIN MOHAMMED AL-MUHANNA

Al-Muhanna Group Manager of Gold Retail

Ali bin Mohammed Al-Muhanna is the middle of three brothers and was born in Al-Ahsa, Saudi Arabia. Friendly, sociable and fond of a challenge, he enjoys reading about successful businesses and investments. After secondary school he completed several professional courses in gold retail and investment, and became Manager of Gold Retail at Al-Muhanna Group.

He is responsible for meeting customers’ needs with the highest level of satisfaction, for making sure the gold and jewellery factory’s production matches current market trends and demand, and for directing and supervising the staff of the group’s gold shops across the Kingdom. He looks forward to expanding the group’s activities throughout the Kingdom while keeping the highest standard of quality, and believes that lasting success depends on continuously improving and meeting customers’ expectations.
Hussain bin Mohammed Al-Muhanna, Assistant General Manager

MR. HUSSAIN BIN MOHAMMED AL-MUHANNA

The Assistant General Manager of Al-Muhanna Group

Executive Director of Al-Muhanna Commercial Group (Saudi Arabia and the United Arab Emirates), which includes:
  • CEO of Gulf Jewellery Factory GJF (Saudi Arabia)
  • General Supervisor of Group Properties (Saudi Arabia)
  • Executive Director of Ebreez General Trading Company (Dubai)
  • General Supervisor of Ramada by Wyndham Dubai Barsha Heights, formerly Auris Inn Al Muhanna Hotel (Dubai)
  • CEO of Al-Muhanna Real Estate Brokerage (UAE)
Education
Hussain Al-Muhanna graduated from the University of Arkansas at Little Rock (UALR) in 2004 with a double major in Business Administration, International Investment and Management Information Systems.

Gulf Jewellery Factory
On his return from the United States he worked alongside his father, the late Sheikh Mohammed Hassan Al-Muhanna, who gradually handed him responsibility for the Gulf Jewellery Factory. Hussain continued to build his skills through courses and seminars, modernised the factory’s technology and processes, and delivered strong growth in output and profits.

Work in the United Arab Emirates
His father then entrusted him with building a hotel from the ground up in Dubai. Overcoming the challenges of such a project, Hussain delivered the group’s first four-star hotel (Auris Inn Al Muhanna Hotel, today Ramada by Wyndham Dubai Barsha Heights), which won the Best Hotel 2017 award.

Leading the group
After the passing of Sheikh Mohammed Hassan Al-Muhanna in 2017, Hussain and his brothers continued their father’s work, developing the group’s commercial, industrial and real estate activities. As CEO and General Supervisor, Hussain has continued to modernise the Gulf Jewellery Factory with the latest machinery and smart working systems, growing it into a wider-reaching brand while preserving its heritage, and has added new residential, commercial and industrial real estate investments and other projects in the Kingdom and abroad.

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    Al-Muhanna Group office in Dubai

    Gold Prices Today

    Live

    World gold price converted to Saudi riyals per gram, refreshed every minute.

    Karat 24 498.09 SAR / gram
    Karat 22 456.58 SAR / gram
    Karat 21 435.83 SAR / gram
    Karat 18 373.57 SAR / gram
    Gold per ounce4,131.30 USD
    Silver per ounce58.17 USD

    Updated:

    Indicative raw-gold prices from the world spot price (USD 1 = SAR 3.75). Jewellery prices also include workmanship and VAT; contact us for today’s price.

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    Gold price movement (USD / ounce)