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CEO Speech

Saad Algahtani

CEO Speech

It gives me great pleasure to welcome you through the official website of Al-Marshad Holding Group, and I am pleased to present to you a brief summary of Al-Marshad Holding’s business, including some important information about its history and investments, in addition to highlighting the most important achievements and developments that the company has gone through.

Al-Marshad Holding was established by the founder, Sheikh / Abdullah bin Abdulaziz Al-Marshad (may God have mercy on him) more than five decades ago. Al-Marshad Group Holding Company is one of the largest family’s companies operating in the fields of investment, real estate development, contracting, trade in electrical and agricultural in the Kingdom of Saudi Arabia. Saudi Arabia, where the group invests through its multiple companies in the retail sector through the establishment of several commercial markets, the most important of which is the brand of the group, which is the popular markets through strategic companies for more than three decades with the secretariats in the Ministry of Municipal and Rural Affairs and Housing, where it is currently operating a market in the city of Riyadh on a total area of about 74,000 square meters and a market in Al-Ahsa Governorate on a total area of about 140,000 square meters. It is also currently working on developing the largest popular market with modern touches that keep pace with the Kingdom’s Vision 2030 in the city of Riyadh on an area of about 227,000 square meters through a partnership. A strategy with the Awqaf Investment Company, the investment arm of the General Authority for Awqaf, as well as the largest popular market in Hafar Al-Batin Governorate, on a total area estimated at about 106,000 square meters. The group is also considered the largest operator of food logistics services on a total area estimated at 308,000 square meters through BOT contracts One of the public benefit markets in each of the cities of Riyadh, Madinah, Taif and Yanbu, and the group is looking forward to acquiring a number of other sites in some of the targeted cities for the next five years to continue growth in this field. Al-Marshad Holding is also distinguished by its investment and ownership of the largest share in Al-Marshad Contracting Company, which owns a factory for the production of precast and pre-stressed concrete buildings through a strategic partnership with a foreign investor who has extensive and deep experience in the field of contracting, which was able to implement a number of strategic government projects with high quality. The group aspires to make a quantum leap in the group’s share in the contracting market during the next five years, coinciding with the launch of many projects related to the Kingdom’s Vision 2030 program.

Al-Marshad Holding enjoys a wide network of relationships and seeks to form strategic partnerships that contribute to achieving the group’s approved strategy until 2027. The group also has ambitious strategic plans supported by the confidence of its shareholders and the loyalty, professionalism and creativity of its employees. The group will continue to develop its business to create real opportunities for growth, develop shareholders’ returns and achieve the goal of contributing to the employment Young Saudi talents and qualifying them for the labor market.

The successes achieved by the group during the past years in its investments is evidence beyond any room for doubt of the magnificence of achievement, and a natural result of planning thinking and continuous work in drawing the group’s goals and translating them into reality within an integrated work system.

In conclusion, we look forward that the coming years will bring with it further development and success in the various sectors of the company, supported by the grace of God, the trust of its esteemed shareholders, and the determination and persistence of human capital, in order to build a bright future that we aspire to, that meets your hopes and aspirations.