About us
Empowering Industries, Enabling Growth
Rawas is a strategic investment and development company focused on driving industrial innovation and business expansion. Backed by some of Saudi Arabia’s leading business conglomerates, we specialize in capital investment, strategic guidance, and development expertise to accelerate industrial growth in high-potential sectors.
Vision
To lead industrial growth across the Middle East and Africa by fostering strategic investment and global expansion, positioning Saudi Arabia as a key export hub through trusted partnerships.
Mission
Bridging East and West through innovation. We connect Saudi and Chinese businesses to combine technology and local insight, fueling regional growth and global impact.
Mandate for Growth and Value Creation
This mandate outlines the strategic approach for establishing and growing a local joint venture in Saudi Arabia, supported by significant capital investment and a clear path to international expansion. The plan leverages local expertise, aligns with national development goals, and ensures strong foundations for sustainable growth.
Investment Horizon
Investment Amount
Investment Structure
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Our Visionary Leaders
Driving National Impact
Abdallah Al-Obeikan
Chairman
Eng. Abdallah Al-Obeikan is a distinguished industrial leader and digital transformation pioneer with over three decades of experience in manufacturing, technology, and strategic investment. As Chairman and CEO of Obeikan Investment Group (OIG), he has transformed the company from a single commercial print shop into a diversified global enterprise operating across 16 countries in sectors including packaging, education, digital solutions, and advanced manufacturing.
Under his leadership, OIG has become a benchmark for industrial innovation in the Middle East. Eng. Al-Obeikan spearheaded the development of O3ai, an AI-powered smart factory platform created in partnership with Microsoft. This initiative has revolutionized operations across OIG’s 20 factories, improving efficiency by 30% and generating millions in savings. O3ai is now being adopted by manufacturers across the Middle East, Europe, and the U.S., positioning OIG as a global digital solutions provider.
Beyond his executive role, Eng. Al-Obeikan serves on numerous boards, including Obeikan Glass Company, SIG Combibloc Obeikan, Arabian Shield Cooperative Insurance, and the National Water Company. He is also a board member of the Social Development Bank, Saudi Customs, and the Technical and Vocational Training Corporation, reflecting his commitment to national development and industrial excellence.
A graduate of King Saud University with a B.Sc. in Electrical Engineering, Eng. Al-Obeikan is widely recognized for his forward-thinking leadership and dedication to continuous improvement. His vision continues to drive OIG’s mission to empower industries through innovation, digitalization, and sustainable growth.
Ayman Al-Hazmi
Chief Executive Officer
Mr. Ayman Ahmed Al-Hazmi is a seasoned board-level executive and strategic advisor with over 26 years of experience driving high-impact investments, complex joint ventures, and operational excellence across multiple sectors. With a career rooted in delivering transformative results, he has led and closed projects exceeding $10 billion in value, many of which were undertaken in partnership with government entities and aligned with Saudi Arabia’s Vision 2030.
His industry expertise spans renewable energy, petrochemicals, defense, and manufacturing. Mr. Al-Hazmi has demonstrated exceptional leadership in spearheading large-scale initiatives, including 34 GW of renewable energy projects, while fostering cross-border collaboration and innovation, notably establishing operations in China.
Mr. Al-Hazmi has also played a pivotal role in securing strategic international joint ventures that have advanced Saudi Arabia’s renewable energy localization agenda. Notably, he was instrumental in facilitating agreements with global leaders, including China’s Envision Energy and Jinko Solar, as well as Portsmouth from the UK, TCL from China, and other internal companies, to establish manufacturing and development operations within the Kingdom. These collaborations have significantly contributed to the clean energy infrastructure and industrial growth.
Mr. Al-Hazmi is currently at the forefront of efforts to localize key industries, including specialty chemicals, metals, and pharmaceuticals. He serves as President of the National Committee for Local Content and Procurement at the Federation of Saudi Chambers.
He holds an MBA from King Fahd University of Petroleum and Minerals and has completed advanced leadership programs at internationally recognized institutions.
IMTIAZ MAHTAB
CEO – Energy transition, High-tech and Advance Manufacturing
Imtiaz Mahtab is a seasoned CEO and strategic leader at the forefront of hypergrowth, organizational restructuring, and transformation across energy, renewables, and high-tech industries. He has led initiatives for Fortune 500 companies and sovereign funds across four major continents, delivering multibillion-dollar M&A, investment programs, and corporate transformations that significantly enhanced market value and performance.
He has executed more than US$60 billion in foreign investment projects spanning industrial gases, infrastructure, renewable energy, and advanced manufacturing. He also launched a corporate venture fund, investing in and scaling over 50 start-ups, and is widely recognized as a thought leader and speaker on sustainability, technology, and economic development.
Currently, as Co-CEO of Rawas, Imtiaz leads a multibillion-dollar industrial development and investment platform, accelerating the localization of advanced industries under Saudi Arabia’s Vision 2030. He has worked extensively across Saudi Arabia, MEA, China, APAC, Europe, and the United States, developing industrial clusters and high-tech sectors while building partnerships that connect global capital, technology, and talent.
Previously, he served as President and CEO of leading companies including Air Liquide, Air Products, ACWA Power Industrial Investment Company (a PIF portfolio company), a CalPERS portfolio company, and KONE, where he spearheaded transformation and expansion.
A recognized global voice, Imtiaz co-chaired the B20 “Energy, Sustainability and Climate” Taskforce during Saudi Arabia’s G20 presidency in 2020, shaping widely adopted policy recommendations. He continues to champion local talent and technology development across global markets.
Imtiaz holds an MBA from Rutgers University, a BSc in Chemical Engineering from the University of Texas at Austin, and is a graduate of Harvard Business School’s General Management Program.
Our Shareholders
Founding Partners of Rawas
