Consolidated Brothers for Development Company

Consolidated Brothers for Development Co. is part of Ibrahim Sultan group of companies, which started in real estate development by the end of the 1950s, and continued in the development of various real estate projects in the commercial and residential sectors in addition to offices. The company was able to diversify its investments by establishing companies specialized in marketing, real estate projects management, smart systems, energy, and in the manufacturing of prefabricated buildings. Moreover, the Group invested in the banking and industrial financial markets, in addition to various investments management inside and outside the Kingdom. The company was converted in 2013 into a closed joint stock company with a capital of 100 million riyals; it operates currently under the umbrella of several subsidiaries, including: • OPM (Olat Properties Management) • Smart Plus • 3E • Al-Waseel Tower • Marmiah Company • Energy Efficiency Company