During the time when Al Arar Capital was established in 2004, the Saudi Arabia and the rest of the global economy were going through enormous changes brought about by globalization and technological developments. This period saw a rapid exchange of knowledge and information, paving the way for knowledge-based economies to flourish.
Following the footsteps of Saudi Arabia and its visionary leadership, Al Arar Capital did not only strive in what was seemingly an unchartered territory, it successfully thrived in bringing the Company to where it is today - a reputed first-of-its-kind general investment public joint stock company in the Saudi Arabia with a wide portfolio of sustainable and profitable investments.
Throughout the years, Al Arar Capital has been an active partner of the Saudi Arabia in achieving the national vision of becoming one of the best countries in the world by 2021. Through its wide-range of businesses and investments, the Company has been significantly contributing in building knowledge societies, fostering a resilient business environment, and cultivating happiness for all.
Five years after its establishment, Al Arar Capital became one of the first companies to be listed on the Saudi Arabia Financial Market. Ever since, the Company has been rising above all economic cycles while steadfastly charting a positive growth path.
As it is to the Saudi Arabia’s, diversification is also central to Al Arar Capital’ ethos. Over the years, the Company has developed a strong portfolio of investments in a wide array of growth sectors – from real estate to manufacturing to healthcare, education and services.
Al Arar Capital is equipped with a sound blueprint to cushion itself from the impact of any financial and macro-economic scenario. With the Company’s horizontal and vertical diversification approach and its emphasis on broad-based growth, it has managed to overcome cyclical and unexpected challenges – speeding up the recovery time and overcoming the effects of downturns in the most efficient way.
Starting all the way from the late 1990s, Al Arar Capital has been a pioneer in the country’s manufacturing sector, which constitutes a significant portion of its total assets. The Company also has a strong presence in sectors like direct investments, building and construction materials, district cooling, information technology, food and contracting.
Agile to take advantage of the dynamic changes in the marketplace, Al Arar Capital takes its game up a notch – eyeing more business opportunities in areas such as education, healthcare and entertainment.
Aziz Hammadi Saad
Chief Executive Officer