Our Story
About Wallan
Founded in 1975, Wallan Holding Company has grown from a modest local enterprise into one of Saudi Arabia’s leading family-owned conglomerates. Built on determination, integrity, and long-term vision, Wallan has earned a trusted reputation for operational excellence and business resilience across diverse sectors. From its early beginnings of transporting water and fuel during the Kingdom’s first oil boom, the Group has continuously adapted to market shifts. Today, Wallan is guided by disciplined capital allocation, prudent investments, and a strict commitment to sustainable, risk-adjusted growth.
Our History
Establishment
Inception of Wallan Group in the Kingdom of Saudi Arabia, establishing the foundation for a diversified asset portfolio.
Automotive Partnership (Hyundai)
Secured exclusive distributorship for Hyundai in the Central Region, marking the start of a decades-long trajectory of revenue growth.
Entry into Aviation
Launched Wallan Aviation, diversifying revenue streams into aircraft sales, maintenance, and pilot training.
Launch of Wallan Rent a Car
Expanded into mobility solutions and fleet management to secure long-term corporate contracts.
Launch of Genesis Brand
Wallan Trading Company spearheaded the regional debut of Genesis as an independent luxury brand, setting a new benchmark for automotive elegance and premium service.
The Official Distributor of Geely in the Kingdom of Saudi Arabia
Wallan Trading Company became the official distributor of Geely in the Kingdom, successfully relaunching the brand and driving a tenfold sales increase from 2,000 to 20,000 annual units within just three years.
European Expansion (Renault)
Established a strategic partnership with Renault, enhancing portfolio diversity and market penetration.
Future Mobility Focus
Secured distributorships with Lotus and Zeekr, positioning Wallan at the forefront of the high-performance and EV (Electric Vehicle) transition.
Sole Proprietorship to New Heights
Wallan Establishment was founded in 1970 by Captain Saad Wallan. We started as a sole proprietorship dealing in vehicle trade, with a strong desire to reach new heights in the market.
Trading To Diversification
With hard work, dedication and the growth of the company came expansion. We became known as Wallan Trading Company, a Joint Stock Limited Liability Company that would later diversify into various sectors.
By 1975, the company had transformed into Wallan Group. Taking advantage of the oil boom in the 1970s and 1980s, we contracted oil and water tankers for large companies as a Logistics partner.
Diverse Ventures and Expansion
Since then, we have grown into our current name of Wallan Holding, and have expanded into the areas of Aviation, Car Rental, Investing, Real Estate and Marketing Strategy.
Maximizing Growth Potential Through Administrative and Financial Autonomy
Our business units operate both administratively and financially as separate companies, each with high potential to achieve exceptional growth in their activities and markets
Growing Strong, Leading Forward
We pride ourselves on our strong growth and commitment to our business partners around the world.
Despite our legacy of being industry leaders in wide ranging sectors, for Wallan Holding this is only the beginning.