In early 1990, the family lead
by Ziad Al-Zaim created ALZAIM HOLDING in Riyadh – Saudi Arabia and started its strategic investment in property and has acquired since then a considerable land portfolio in Saudi Arabia, Lebanon, Iraq, Cyprus, Egypt, Syria, Turkey.

In early 2004, it created AKAR Middle East as its development arm and started building iconic projects such as BLUE LAGOON, COORDOBA HILLS and FRENCH SCHOOL. The company has later expanded its operation in Saudi Arabia, Egypt, Lebanon, and Turkey under the name AKAR Middle East.