Wednesday 27 September 2023

Sedco sees more global presence by 2025

JEDDAH, May 18, 2015

Sedco Holding Group, a leading Shariah-compliant organisation based in Saudi Arabia, has unveiled its growth strategy for 2025 through expansion of its investment ventures across the globe.

The company is responsible for a diverse spectrum of operating companies in industries such as, real estate development and management, travel and tourism, hospitality, automobile leasing and casual dining, in addition to managing private and public equity holdings in Saudi Arabia and around the world.

The group's future outlook was unraveled at its annual "Multaqa Sedco 2015" held at Leylaty Ballroom in Jeddah, attended by the Group's upper management notably Sheikh Saleh Salem Bin Mahfouz, the board chairman and Anees Moumina, the CEO of the Group.

The event also gathered the heads of its operating companies, CEOs and senior executives, management boards, their partners along with the administrative cadre.

The "Multaqa" explored various topics with speaking panels held by the Group's functional experts, all accentuated with video presentations and the valuable presence of key guest speakers'.

Under the theme "Imagine Our Future with Synergy", the Group's thrust for the next decade was laid down with strong emphasis on teamwork, creativity and professional excellence as key to continuous growth and achievement of defined goals as enshrined in the company's "six values".

Emphasizing on the need to work as a team, Sheikh Saleh said: "We stand here today to draw the future and I trust that the next 10 years will be filled with diversified businesses across all sectors. We are confident that together we will continue our drive forward toward success, with a vision and high hopes into a promising future."

"We have now taken a step forward past the conventional concept of the Group's programs as these have now become the means to craft and envision a bright and synergetic future full of success across the Group, for its employees and toward the community," he added.

CEO Anees Moumina said: "Today, we have reached the global markets with steady steps and Sedco Holding Group stands as a prime partner for the largest global firms. Our unequivocal commitment to the business has paved the way for further expansion in financial and real estate investments as in the management of funds."

In just a matter of 10 years, we have succeeded to have five offices operating regionally. We have diversified our operating companies and are now partners in many sectors, namely education, health, technology, infrastructures, manufacturing and banking," he added.-TradeArabia News Service

Tags: tourism | real estate | Sedco Holding | automobile leasing |

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