Xenel is a diversified company based in Jeddah, Saudi Arabia.[1] Founded in 1973[2] by the descendants of one of the oldest trading houses in the Middle East. House of Alireza, Xenel - a spelling variation for family patriarch, the late Zainal Alireza - grew by establishing multiple joint ventures with international companies and in the process building its own expertise in energy, petrochemicals, construction, infrastructure development, healthcare, industrial services, information technologies, logistics, real estate and global investing.[2] Khalid Alireza is the CEO of the Group.[3]