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The Group acquires the Knightsbridge Estate in central London - an unbroken block measuring 3.5 acres that includes office, retail, and residential space.
The Group enters into a joint venture with CH2M HILL for the planning and management of major infrastructure projects.
Baxter Company Limited is formed as a joint venture between the Group and Baxter Healthcare Corporation.
The Group takes a significant stake in Visa Inc., the most important IPO of its time. Electronic payment becomes a key long-term investment theme for the Group.
Cummins Olayan Energy Ltd. is formed as a joint venture between the Group and Cummins Power Generation Ltd.
The Group co-invests with a group of other leading firms in Related Companies, a major US property developer.
The Group marks its 60th Anniversary.
The American University of Beirut names its School of Business for Suliman S. Olayan. A brand new home for the business school, pictured here, opened in 2009.
Following the passing of founding Chairman Suliman S. Olayan on July 4 at age 83,
Khaled S. Olayan is named Group Chairman.
During a turbulent time in the US stock market, the Group steps up to anchor the historic MetLife IPO by acquiring 12.4% of the offering.