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| From its headquarters in Al Khobar,
the Saad Group manages its wide-ranging
operations with a priority focus on
quality. |
For many years,
the Kingdom of Saudi Arabia has been focusing
on diversifying the economy away from oil,
while at the same time increasing the involvement
of the private sector. In keeping with the
governments goals,the Saad
Group has played a primary role in improving
the countrys social and physical infrastructure.
It has undertaken massive construction projects
and built a sound base of health and education
facilities.
With a net
worth of more than $5 billion, the Saad
Group has core interests in construction,
building development, banking and finance,
and medical and educational projects. As
a private-sector reflection of Saudi economic
dynamism, the group is a partner in the
Kingdoms development.
Flagship firm
Saad Trading and Contracting Company was
established in the mid-80s, and the Saad
Group has continued to expand since then.
Today, activities include leisure development,
information technology, and travel and tourism.
Founder and
Chairman of the Saad Group Maan A. Al-Sanea
has seen his enterprise rise to seventh
place among Saudi Arabian diversified companies.
Not only as a consequence of his outstanding
entrepreneurial qualities, but also because
of his commitment to humanitarian principles,
Mr. Al-Sanea is one of the most respected
businessmen in the country.
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The Saad Group
is a private-sector reflection of
Saudi economic dynamism
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Led by a philanthropic
attitude, he founded the Saad Center for
Communications Disorders, and subsequently
the Saad Specialist Hospital (SSH). The
Saad National School for Boys and its counterpart
for girls showcase the groups investment
in education.
Faithful to
their trademark of quality, the integrating
companies of the Saad Group reflect a sound
business acumen. The SSH is the premier
healthcare facility in the Middle East;
the Saad Information Technology Company
is the Saudi Arabian IT leader; the Saad
Travel and Tourism Company is a member of
international travel organisations as well
as being general sales agent for Saudi Arabian
Airlines; and the Groups property
development has made its mark in luxury
housing with the Oasis Residential Resorts.
Over 50% of
the groups income of the is generated
through the financial services division.
Saad Investments Company Limited holds and
manages shareholders offshore assets,
and the recently incorporated Awal Bank
offers additional offshore banking services.
The only
thing worth investing in is quality. This
focus raises our performance standards and
promotes excellence. When we demand quality,
everyone benefits, says Mr. Al-Sanea.
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