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Xenel was founded in 1973 by the descendants of one of the oldest trading houses in the Middle East. It is positioned at the center of a group of companies created with a shared vision of achieving economic growth by bridging know how to different parts of the world. Over its 38 year history Xenel, through its internal skills, joint venture partnerships and associations with global companies throughout the world, has built expertise in energy, diversified industries, petrochemicals, construction, infrastructure development, healthcare, industrial services, IT, logistics, real estate and global investing.

Through its ability to identify opportunities Xenel is an acknowledged innovator and leader in building projects and companies in infrastructure, diversified industries and contracting, regionally and internationally. From its creation of the first electrical cable production facility in the Middle East to developing the first green-field site BOO power plant in South Asia, and from the first commercially operated desalination plant in Saudi Arabia to the expansion of its downstream private-sector petrochemical industries, Xenel has joint ventured and built alliances with global companies and institutions of international renown and created companies with global reach.
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