Continuing a Noble Legacy
“Over the past 75 years, we have empowered businesses, people, and communities by delivering long-term benefits across vital sectors such as healthcare, education, environment, and culture. This milestone anniversary serves as a testament to our continued success in providing outstanding value and creating meaningful impact.”
Khaled S. Olayan
Chairman of the Olayan Financing Company Executive Committee
Our Ongoing Initiatives
We commemorated our 75th year by identifying causes dear to our founder
and launching projects chosen for the scale of their impact and their
potential to carry forward for generations to come.
Health Initiative
Our founder placed great importance on health initiatives, recognizing their profound impact on the quality of life for both patients and their families. He was especially passionate about ophthalmic causes, having lived in a time when preventable blindness was widespread due to untreated eye diseases.
Retinopathy Screening Devices
We contributed 12 Ret-Cam Digital cameras in support of the Ministry of Health’s Retinopathy of Prematurity National Program, administered by King Khaled Eye Specialist Hospital. These screening devices have been distributed to all MoH centers Kingdom-wide and will help prevent over 400 newborns from going blind every year due to misdiagnosis.
Education Initiatives
The SSO Institute at KAUST
75 Scholarships
In celebration of our 75th anniversary, SSOF committed to fully funding the university education of 75 underprivileged students across the Kingdom. This initiative reflects our belief in education as a powerful equalizer—opening doors, advancing equity, and helping shape a future where opportunity is within reach for all.
Environmental Initiative
In light of the planet’s current state—and in keeping with our founder’s vision to safeguard the well-being of our communities and help build a better future for generations to come — we believe it is our responsibility to support meaningful efforts that address the environmental crisis and restore balance to the natural world.
A Million Mangroves
Chosen for their many benefits, such as – high carbon sequestering capabilities and immense contribution to – biodiversity, we pledged to plant 1M mangroves off the west coast of Saudi Arabia. These mangroves are estimated to offset 25k tons of CO2 per year.
Culture Initiative
With Saudi bees recently recognized as an endangered species, we identified the urgent need to reconnect with our natural resources to better support our communities. In response, we partnered with local artisans to help revive dwindling bee populations and preserve a rich cultural heritage—one we hope will be sustained and passed down for generations to come.
Program for Local Artisans
A year-long educational program designed for twelve local artisans, focused on sustainable practices in beeswax production and the creative use of by-products that would otherwise go to waste. By fostering a culture of zero-waste within an existing local industry, this initiative holds the potential to strengthen local businesses, diversify product offerings, and generate valuable local content for years to come.