Shomoul holding is a Saudi limited liability company, which was established in 2014 as a joint venture between Mabanee Company of Kuwait, Al Fozan Holding, and Mohammed Hamoud Alshaya. The company aims to manage industrial and commercial enterprises and services, hotels, restaurants, supermarkets, residential and commercial complexes, tourist resorts the purchase of land and building, and investing in it by rent or sale for the company. In addition to development, management, operation and maintenance of properties, and the organization and management of permanent and temporary exhibitions.