Terms of Use

The Olayan Group (“Olayan“) is a multinational enterprise with an actively managed portfolio of global investments.

Site for Information Only

The Olayan website www.olayan.com is intended for information purposes only. The information on it is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Although we make reasonable efforts to update the information on our site, we make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up to date.

Olayan accepts no responsibility for any loss or damage, howsoever incurred, which may result from accessing or reliance on content on the Olayan website, and disclaims, to the fullest extent permitted by applicable law, any or all liability with respect to acts or omissions made by readers on the basis of content on the Olayan website. If you have any questions on the content of the Olayan website, please contact legal@olayangroup.com

The Olayan website may contain links to external websites and external websites may link to the Olayan website. Olayan is not responsible for the content or operation of any such external sites and disclaims all liability, howsoever occurring, in respect of the content or operation of any such external websites.

Anti-Bribery and Anti-Corruption

Olayan is committed to fair and honest business practices and takes great care to avoid situations that might lead to, or involve bribery, corruption or other violations of the law. Olayan has in place robust procedures to ensure compliance with anti-corruption and anti-bribery laws globally, where applicable, including the US Foreign Corrupt Practices Act and the UK Bribery Act. If you have a concern related to these matters, please contact legal@olayangroup.com

Email Disclaimer

NOTICE: If you have received an email from Olayan, the email message and all attachments transmitted with it are intended solely for the use of the addressee and may contain confidential information. If the reader of the message is not the intended recipient, or an employee or agent responsible for delivering the message to the intended recipient, you are hereby notified that any dissemination, distribution, copying, or other use of the message or its attachments is strictly prohibited. If you have received a message in error, please notify the sender immediately by replying to the message and please delete it from your computer.

PLEASE NOTE that all incoming emails will be automatically scanned by us and by an external service provider to eliminate unsolicited promotional emails (“spam”). This could result in deletion of a legitimate email before it is read by its intended recipient at Olayan.

Website Security

Olayan does not guarantee that the Olayan website will be secure or free from bugs or viruses. You are responsible for configuring your information technology, computer programs and platform to access our site. You should use your own virus protection software.

Acceptable Use

You accept sole responsibility for all of your activities when using our website. You may not use our website in a manner that:

Uses technology or other means not authorised by us to access the website or our systems;
Uses, permits, authorizes or launches any manual or automated device, program, tool, algorithm, code, process, methodology or system, including “robots”, “spiders”, “web scrapers” or “offline readers”, to (a) retrieve, index, “scrape”, “data mine”, access, obtain, extract, re-utilise, monitor, republish or otherwise gather any data, content or information contained or stored on, or comprised in, our website or our systems; (b) reproduce or circumvent the navigational structure or presentation of our website; or (c) otherwise harvest or collect information about users of the website;
Reverse engineers, decompiles or disassembles any portion of the website, except where such restriction is expressly prohibited by applicable law;
Attempts to introduce viruses or any other computer code, files, or programs that interrupts, destroys, or limits the functionality of any computer software, hardware, or telecommunications equipment;
Attempts to gain unauthorised access to our computer network or user accounts;
Is unlawful, fraudulent, or deceptive; or
Attempts to damage, disable, overburden, or impair our servers or networks.

Rules about Linking to our Website

You may link to our home page, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it, and is not likely to mislead. You must not establish a link in such a way as to suggest any form of association, approval or endorsement on our part where none exists. Our site must not be framed on any other site, nor may you create a link to any part of our site other than the home page.

You must not establish a link to our site from any website that is not owned by you. The website from which you are linking must comply in all respects with the law applicable in the country from which you are posting the link, and the law applicable in the countries targeted by that website. We reserve the right to withdraw linking permission without notice.

Intellectual Property Rights

The Olayan website and all its content, functions and functionality (including but not limited to all information, software, text, images, video and audio as well as the design, selection and arrangement thereof) (“Website Contents”) are our property, or the property of our group companies, affiliates, subsidiaries and partners and are protected by copyright, trade marks, trade secrets, database rights and other intellectual property or proprietary rights. All rights reserved. You shall not, and shall not attempt to, obtain any title to any such intellectual property rights.

Reproduction, adaptation, issuing or communication to the public, or distribution, of part or all of the Website Contents in any form is prohibited, other than in accordance with the following permissions.

You may read, view, print, and download the material on this website for your personal and non-commercial use. You must not modify the paper or digital copies of any materials you have printed off or downloaded in any way, and you must not use any Website Contents, including any illustrations, photographs, video or audio sequences or any graphics separately from any accompanying text. Unless specifically indicated, no other use of the Website Contents is permitted. You must not use any part of the Website Contents for commercial purposes without obtaining a licence to do so from us or our licensors.

Nothing contained in the Website Contents should be construed as conferring any licence or right under any intellectual property (including patents, trade marks and copyright) of the Olayan group of companies or any third party (including any third parties whose trade marks are displayed on the website).

The names of The Olayan Group and of its constituent entities (including those listed on the Olayan website) are protected by trademark and other similar intellectual property rights. You are not permitted to use them without our approval, unless they are part of material you are using as permitted under this section.

Olayan claims no ownership in any third-party trade marks appearing on this website. Such third-party trade marks are used only to identify the products and services of their respective owners.

Information About Fraudulent Emails and Phone Calls Referencing Olayan

Olayan is a well-known multinational enterprise. The nature of our work may unfortunately sometimes attract the attention of unscrupulous individuals who falsely claim to work for Olayan and/or use our name to advance fraudulent schemes against innocent people.

Olayan does not engage directly with the general public to offer services or investments. If you receive an unsolicited telephone call or email from someone purporting to represent Olayan, you should take care not to provide any personal information. Note that we do not conduct our business via web-based email accounts such as gmail.com, hotmail.com or yahoo.com, or personal email addresses, and we generally do not conduct our business by text message or instant messaging.

Scams and other security risks are rampant on the Internet, and we recommend you take steps to protect yourself and the security of your information.

Neither Olayan nor its employees can accept any responsibility for the criminal conduct of a third party claiming to use Olayan’s name. If you have any concerns or receive suspicious communications that reference Olayan, please contact us on legal@olayangroup.com

Changes to these Terms and our Website

Olayan may amend these terms from time to time. Every time you wish to use our website, please check these terms to ensure you understand the terms that apply at that time. Olayan may also withdraw or suspend our website, or otherwise update or remove content published on the website.

Local Supporting Notice for United Kingdom

Olayan Europe Limited is a private limited company registered in England and Wales with registered number 02160262. Its registered office is situated at 140 Piccadilly, London, W1J 7NS, United Kingdom. Our telephone number is (44-207) 245-4000.

Olayan Europe Limited’s registration number for value added tax in the United Kingdom is 461672932.

The Olayan Group – UK Tax Strategy

Scope

This UK tax strategy has been approved, by the Board of Directors of the Olayan UK Companies. The publication of this statement is to comply with our duties under paragraph 16(2) of Schedule 19 Finance Act 2016, for the financial year ended 31 December 2023.

Governance and management of tax risk

Overall responsibility for our tax affairs is held jointly by our Chief Legal Officer and Chief Financial Officer. Day-to-day responsibility for tax matters is delegated to our Group Head of Tax (supported by a team of qualified tax professionals across the business) who takes the lead in identifying, managing and monitoring tax risks within the group. The monitoring of key tax risks and issues is performed on an ongoing basis. If there are material issues that arise, these are escalated to the Olayan Group’s senior management and if necessary to the Board of Directors of the Olayan Group’s parent company.

Tax planning

We will undertake tax planning only in the context of wider business activity with real and commercial basis. Where we have a choice on how to structure a particular transaction or investment, we will structure it in a tax efficient manner where we have concluded that it fits with our business and tax strategy, in line with what we understand the intentions of the legislation to be for us, as an investor.

We engage with external tax advisors to discuss and validate our understanding of the legislation on significant transactions or to provide specialist advice as required.

Tax compliance and relationship with tax authorities

We look to comply with all of our tax filing, tax reporting and tax payment obligations globally. Our aim is to create transparent and open relationships with Tax Authorities in all locations where we operate as a business. Our views, as supported by our external advisers, may occasionally differ from that of the authorities. In such circumstances, we will work constructively with the relevant tax authority with the aim of achieving a prompt resolution.