Fawaz Abdulaziz Alhokair

Overview

Fawaz Abdulaziz Alhokair was born in 1965 or 1966 and is a Saudi billionaire property developer. He was reappointed as Chairman of Arabian Centres Co. (Cenomi Centers) on June 19, 2025, a position he has held since 2017.

Alhokair holds a PhD in Economics and Accounting from Loughborough University, UK, earned in 2008, and a Bachelor's degree in the same field from the same university in 1989. He has played key roles in various real estate, insurance, and retail companies across Saudi Arabia, the UAE, Denmark, and Scandinavia.

Career History

• Founder and partner of Fawaz A. Alhokair & Co (now Cenomi Retail) in 1990 with brothers Salman and Abdulmajeed
• Executive Chairman of Fawaz Abdulaziz AlHokair Co. from 2020 to 2025
• Chairman at FAS Saudi Holding Co. Ltd. since 2005
• Chairman at Arabian Centres Co. since 2017
• Chairman of Alhokair & Co. from 2006–2017

Cenomi Retail has become the leading franchise retailer in Saudi Arabia and the only listed business of its type in the Middle East, operating approximately 1,684 stores. Cenomi Centers currently owns, operates and manages 21 commercial centres and complexes with more than 4,300 stores throughout 10 cities in the Kingdom, with a total GLA of nearly 1.3 million square meters.

Alhokair was named "Entrepreneur of the Year" by Arabian Business magazine in 2013 and has been recognized by Forbes Middle East as one of the most influential Arab businessmen. In December 2022, the group announced a major rebrand consolidating Arabian Centres and Alhokair Fashion Retail under the unified Cenomi brand.

What Alhokair could bring to Cenomi Centers Chairman role: With over three decades of experience building and transforming Saudi Arabia's retail and real estate landscape, Alhokair brings proven expertise in vertical and horizontal integration across retail, mall development, construction, and lifestyle sectors. His track record of strategic acquisitions, international brand partnerships, and omnichannel transformation—including the recent Cenomi rebrand and planned e-commerce expansion—positions him to drive continued innovation and market leadership while navigating the region's evolving consumer expectations and digital retail trends.