In the late [enter year of initiation here, for example 1960s], an aspiring businessman by the name of Fahad bin Ibrahim Almugaye set his foot into the field of investment and real estate development with a vision to create a trusted business model that could one day become a pillar of strength for the local community.
The mission which was initiated by a father and a husband over 50 years ago finally became Shumou in 2003 as the legacy was passed onto his sons and wife.
Today, the family business continues to thrive in a competitive multi investment landscape while aiming to become a strategic player in the realization of Saudi Vision 2030.
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