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We Build Trust

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We Build Trust contracting.com - WE BUILD TRUST www.darat COMPANY PROFILE ْ ﱠ ْ َٰ ﱠ ﱠ ﺑِﺴﻢ ِﺍﻟﻠﻪِ ﺍﻟﺮﺣﻤﻦِ ﺍﻟﺮﺣِﻴﻢ ِ In the name of Allah ; the gracious and the merciful We have already sent Our messengers with clear evidences َ َ ْ َ ْ َ ْ َ ُ ُ َ َ ْ َ ﱢ َ َ َ َ ْ َ َ َ ُ ُ ْ َ َ َ ْ َ َ َ ُ َ ﻟ ﻘ ﺪ ﺃ ﺭ ﺳ ﻠ ﻨ ﺎ ﺭ ﺳ ﻠ ﻨ ﺎ ﺑ ِ ﺎ ﻟ ﺒ ﻴ ﻨ ﺎ ﺕ ِ ﻭ ﺃ ﻧ ﺰ ﻟ ﻨ ﺎ ﻣ ﻌ ﻬ ﻢ ﺍ ﻟ ﻜ ِ ﺘ ﺎ ﺏ ﻭ ﺍ ﻟ ﻤ ِ ﻴ ﺰ ﺍ ﻥ ﻟ ِ ﻴ ﻘ ﻮ ﻡ and sent down with them the Scripture and the balance that the people may maintain [their affairs] in justice. And We ﱠ ُ ْ ْ َ َ َ ْ َ ْ َ َ َ ْ ٌ َ ٌ َ َ َ ُ ﱠ َ َ ْ َ َ sent down iron, wherein is great military might and benefits ﺍ ﻟ ﻨ ﺎ ﺱ ﺑ ِ ﺎ ﻟ ِ ﻘ ﺴ ﻂ ِ ﻭ ﺃ ﻧ ﺰ ﻟ ﻨ ﺎ ﺍ ﻟ ﺤ ﺪ ِ ﻳ ﺪ ﻓ ِ ﻴ ﻪ ِ ﺑ ﺄ ﺱ ﺷ ﺪ ِ ﻳ ﺪ ﻭ ﻣ ﻨ ﺎ ﻓ ِ ﻊ ﻟ ِ ﻠ ﻨ ﺎ ﺱ ِ ﻭ ﻟ ِ ﻴ ﻌ ﻠ ﻢ for the people, and so that Allah may make evident those who support Him and His messengers unseen. Indeed, Allah is ﱠ ُ َ َ ُ ُ ُ َ ُ ُ َ ُ ْ َ ْ ﱠ ﱠ َ َ ﱞ َ ٌ ﺍ ﻟ ﻠ ﻪ ﻣ ﻦ ﻳ ﻨ ﺼ ﺮ ﻩ ﻭ ﺭ ﺳ ﻠ ﻪ ﺑ ِ ﺎ ﻟ ﻐ ﻴ ﺐ ِ ِﺇ ﻥ ﺍ ﻟ ﻠ ﻪ ﻗ ﻮ ِ ﻱ ﻋﺰِﻳﺰ [ﺍﳊﺪﻳﺪ:٢٥] Powerful and Exalted in Might [Holy Quran, Surah: Al-Hadid (The Iron), Verse 25] َ َ َ ُ َ ُ ﺻ ﺪ ﻕ ﺍ ﷲ ﺍ ﻟ ﻌ ﻈ ِ ﻴ ﻢ WHO WE ARE ………………………………………..………………………….. 1 OUR VISIONS, MISSION, VALUES ………………………….……………. 3 ORGANIZATION STRUCTURE .……………………..……..………………. 4 SIGNATURE PROJECTS ………………………………………………….……. 6 COMPLETED PROJECTS ……………………..…………..……….……..….. 31 CERTIFICATES …………..…………………………..…………….…………….. 35 RECOGNITIONS ………………………………………………………….…..….. 39 SCHEMATIC 3D OF A STEEL BUILDING ………………………………. 43 DARAT (DARAT Engineering Contracting Company Ltd.) is a Limited Liability Saudi Company registered under the laws and regulations of the Kingdom of Saudi Arabia. DARAT is a Specialized Contracting Company that provides full solutions for its clients WHO WE ARE… including the design, fabrication, supply, and erection of all types of steel buildings and special WHAT WE DO structures; this includes all types and sizes of steel hangers (Industrial Facilities, Regular and Chilled Warehouses, Showrooms, and Commercial Centers), in addition to special structures like bridges, DARAT Engineering Contracting Company platforms for both vehicles and pedestrians, and Structural Roof Systems, etc. 3rd Floor, Bld. B, Al Huwaishel Towers, Olaya Road – Tahleya DARAT has a long term business relations with some of the biggest and most reputable steel Intersection, Riyadh, Kingdom of Saudi Arabia. fabrication factories in the Kingdom of Saudi Arabia, along with long term business relations with P.O. Box 62150 Riyadh 11585 KSA Tel.: +966 (11) 464 44 77 one of the biggest and most reputable steel fabrication factories in the Hashemite Kingdom of Fax: +966 (11) 288 26 22 Jordan with a production capacity exceeding 3000 M.T per month of primary and secondary steel Mobile: +966 56 916 8888 and Single Skin sheeting. Email: [email protected] DARAT also enjoys strong business relations with several distinguished steel fabrication factories in the United Arab Emirates, with monthly production capacities ranging from 2500 to 3000 M.T which are considered as a major support to DARAT’s capability to meet the demands of its customers. This joint huge supply capacity of both Pre-Engineered and Hot Rolled steel, supervised and operated by highly experienced engineers, technicians and fabricators, and supported by the professional teams of erectors and builders, have all enabled DARAT to distinguish itself by delivering fully integrated solutions of structural steel. ﺩﺍﺭﺍﺕ (ﺷﺮﻛﺔ ﺩﺍﺭﺍﺕ ﺍﻟﻬﻨﺪﺳﺔ ﻟﻠﻤﻘﺎﻭﻻﺕ ﺫ.ﻡ.ﻡ) ﻫﻲ ﺷﺮﻛﺔ ﺳﻌﻮﺩﻳﺔ ﺫﺍﺕ ﻣﺴﺆﻭﻟﻴﺔ ﻣﺤﺪﻭﺩﺓ ﻣﺴﺠﻠﺔ ﻭﻓﻘﺎً ﻟﻠﻘﻮﺍﻧﻴﻦ ﻭﺍﻷﻧﻈﻤﺔ ﺍﻟﺴﺎﺋﺪﺓ ﻓﻲ ﺍﻟﻤﻤﻠﻜﺔ ﺍﻟﻌﺮﺑﻴﺔ ﺍﻟﺴﻌﻮﺩﻳﺔ. ﻭﺩﺍﺭﺍﺕ ﻫﻲ ﺷﺮﻛﺔ ﻣﻘﺎﻭﻻﺕ ﻣﺘﺨﺼﺼﺔ ﺗﻘﺪﻡ ﻟﻌﻤﻼﺋﻬﺎ ﺣﻠﻮﻻً ﻣﺘﻜﺎﻣﻠﺔ ﺗﺘﻀﻤﻦ ﺗﺼﻤﻴﻢ ﻭﺗﺼﻨﻴﻊ ﻭﺗﻮﺭﻳﺪ ﻭﺗﺮﻛﻴﺐ ﺍﻟﻤﺒﺎﻧﻲ ﻭﺍﻟﻤﻨﺸﺂﺕ ﺍﻟﻤﻌﺪﻧﻴﺔ ﺑﻤﺨﺘﻠﻒ ﺃﻧﻮﺍﻋﻬﺎ؛ ﻭﻳﺸﻤﻞ ﺫﻟﻚ ﻛﻞ ﺃﻧﻮﺍﻉ ﻭﺃﺣﺠﺎﻡ ﺍﻟﻬﻨﺎﺟﺮ ﺍﻟﺤﺪﻳﺪﻳﺔ (ﻣﺒﺎﻧﻲ ﺍﻟﻤﺼﺎﻧﻊ، ﺍﻟﻤﺨﺎﺯﻥ ﻣﻦ ﻧﺤﻦ... ﺷﺮﻛﺔ ﺩﺍﺭﺍﺕ ﺍﻟﻬﻨﺪﺳﺔ ﻟﻠﻤﻘﺎﻭﻻﺕ ﺍﻟﺘﺠﺎﺭﻳﺔ ﺍﻟﻌﺎﺩﻳﺔ ﻭﺍﻟﻤﺒﺮﺩﺓ، ﺍﻟﻤﻌﺎﺭﺽ ﻭﻣﺮﺍﻛﺰ ﺍﻟﺘﺴﻮﻕ)، ﺑﺎﻹﺿﺎﻓﺔ ﺇﻟﻰ ﺃﻧﻮﺍﻉ ﺧﺎﺻﺔ ﻣﻦ ﺍﻟﻤﻨﺸﺂﺕ ﻣﺜﻞ ﺍﻟﺠﺴﻮﺭ ﻭﺍﻟﻤﻨﺼﺎﺕ ﺍﻟﺪﻭﺭ ﺍﻟﺜﺎﻟﺚ، ﺍﻟﻤﺒﻨﻰ ﺏ، ﺃﺑﺮﺍﺝ ﺍﻟﻬﻮﻳﺸﻞ، ﻁﺮﻳﻖ ﺍﻟﻌﻠﻴﺎ ﺍﻟﻌﺎﻡ – ﺗﻘﺎﻁﻊ ﺍﻟﺘﺤﻠﻴﺔ، ﺍﻟﻤﻌﺪﻧﻴﺔ ﻟﻠﻤﺮﻛﺒﺎﺕ ﻭﺍﻟﻤﺸﺎﺓ ﻭﺃﻧﻈﻤﺔ ﺍﻷﺳﻘﻒ ﺍﻟﻤﻌﺪﻧﻴﺔ ﻭﻏﻴﺮﻫﺎ. ﺍﻟﺮﻳﺎﺽ، ﺍﻟﻤﻤﻠﻜﺔ ﺍﻟﻌﺮﺑﻴﺔ ﺍﻟﺴﻌﻮﺩﻳﺔ. ﻣﺎﺫﺍ ﻧﻌﻤﻞ ﺹ.ﺏ ٦۲۱٥۰ ﺍﻟﺮﻳﺎﺽ ۱۱٥۸٥ ﺍﻟﻤﻤﻠﻜﺔ ﺍﻟﻌﺮﺑﻴﺔ ﺍﻟﺴﻌﻮﺩﻳﺔ ﻭﺗﺘﻤﺘﻊ ﺩﺍﺭﺍﺕ ﺑﻌﻼﻗﺎﺕ ﻋﻤﻞ ﻭﺛﻴﻘﺔ ﻣﻊ ﺑﻌﺾ ﺃﻛﺒﺮ ﻭﺃﻫﻢ ﻣﺼﺎﻧﻊ ﺍﻟﺤﺪﻳﺪ ﻓﻲ ﺍﻟﻤﻤﻠﻜﺔ ﺍﻟﻌﺮﺑﻴﺔ ﺍﻟﺴﻌﻮﺩﻳﺔ، ﻛﻤﺎ ﺗﺘﻤﺘﻊ ﻫﺎﺗﻒ: ۷۷ ٤٤٤ ٤٦ (۱۱) ۹٦٦ + + ﻓﺎﻛﺲ: ۲۲ ۸۲٦ ۲۸ (۱۱) ۹٦٦ + ﺩﺍﺭﺍﺕ ﺑﻌﻼﻗﺎﺕ ﻋﻤﻞ ﻁﻮﻳﻠﺔ ﺍﻷﻣﺪ ﻣﻊ ﺃﻛﺒﺮ ﻣﺼﻨﻊ ﻟﻠﺤﺪﻳﺪ ﻓﻲ ﺍﻟﻤﻤﻠﻜﺔ ﺍﻷﺭﺩﻧﻴﺔ ﺍﻟﻬﺎﺷﻤﻴﺔ ﻭﺍﻟﺬﻱ ﺗﺘﺠﺎﻭﺯ ﻗﺪﺭﺗﻪ ﺍﻹﻧﺘﺎﺟﻴﺔ ً ﺟﻮﺍﻝ: ۸۸۸۸ ۹۱٦ ٥٦ ۹٦٦ + ۳۰۰۰ ﻁﻦ ﺷﻬﺮﻳﺎ ﻣﻦ ﺍﻟﻤﻘﺎﻁﻊ ﺍﻟﺤﺪﻳﺪﻳﺔ ﺍﻟﺮﺋﻴﺴﻴﺔ ﻭﺍﻟﺜﺎﻧﻮﻳﺔ ﻭﺍﻟﺼﺎﺝ. ﺑﺮﻳﺪ ﺇﻟﻜﺘﺮﻭﻧﻲ: [email protected] ﻛﻤﺎ ﺗﺘﻤﺘﻊ ﺩﺍﺭﺍﺕ ﺑﻌﻼﻗﺎﺕ ﻋﻤﻞ ﻗﻮﻳﺔ ﻣﻊ ﻋﺪﺩ ﻣﻦ ﻣﺼﺎﻧﻊ ﺍﻟﺤﺪﻳﺪ ﺍﻟﻤﻤﻴﺰﺓ ﻭﺫﺍﺕ ﺍﻟﺨﺒﺮﺍﺕ ﺍﻟﻄﻮﻳﻠﺔ ﻓﻲ ﺩﻭﻟﺔ ﺍﻹﻣﺎﺭﺍﺕ ﺍﻟﻌﺮﺑﻴﺔ ﺍﻟﻤﺘﺤﺪﺓ ﺑﻘﺪﺭﺍﺕ ﺇﻧﺘﺎﺟﻴﺔ ﺗﺘﺮﺍﻭﺡ ﺑﻴﻦ ۲٥۰۰ ﺇﻟﻰ ۳۰۰۰ ﻁﻦ ﺷﻬﺮﻳﺎً ﻭﺍﻟﺘﻲ ﺗﻌﺘﺒﺮ ﺑﻤﺜﺎﺑﺔ ﺩﺍﻋﻢ ﺭﺋﻴﺴﻲ ﻟﻘﺪﺭﺓ ﺩﺍﺭﺍﺕ ﻋﻠﻰ ﺗﻠﺒﻴﺔ ﻣﺘﻄﻠﺒﺎﺕ ﺯﺑﺎﺋﻨﻬﺎ. ﺇﻥ ﻗﺪﺭﺓ ﺩﺍﺭﺍﺕ ﻋﻠﻰ ﺗﻮﻓﻴﺮ ﺍﻟﻤﻘﺎﻁﻊ ﺍﻟﺤﺪﻳﺪﻳﺔ ﺑﻤﺨﺘﻠﻒ ﺃﻧﻮﺍﻋﻬﺎ ﻭﺃﺷﻜﺎﻟﻬﺎ (ﻗﻴﺎﺳﻴﺔ ﻭﻣﺼﻨﻌﺔ)، ﻭﺍﻟﺘﻲ ﻳﺘﻢ ﺗﺼﻨﻴﻌﻬﺎ ﺑﺈﺷﺮﺍﻑ ﻣﻬﻨﺪﺳﻴﻦ ﻭﻓﻨﻴﻴﻦ ﻣﺘﺨﺼﺼﻴﻦ ﻭﺫﻭﻱ ﺧﺒﺮﺍﺕ ﻧﻮﻋﻴﺔ، ﺗﺪﻋﻤﻬﻢ ﻓﺮﻕ ﻣﺤﺘﺮﻓﺔ ﻣﻦ ﺍﻟﻤﺮﻛﺒﻴﻦ ﻭﺍﻟﺒﻨﺎﺋﻴﻦ، ﻓﺈﻥ ﻛﻞ ﺫﻟﻚ ﻣﻜﻦ ﺩﺍﺭﺍﺕ ﻣﻦ ﺃﻥ ﺗﻤﻴﺰ ﻧﻔﺴﻬﺎ ﺑﺘﻘﺪﻳﻢ ﺧﺪﻣﺎﺕ ﺍﻟﺤﻠﻮﻝ ﺍﻟﻤﺘﻜﺎﻣﻠﺔ ﻟﺠﻤﻴﻊ ﺃﻧﻮﺍﻉ ﺍﻟﻤﺒﺎﻧﻲ ﻭﺍﻟﻤﻨﺸﺂﺕ ﺍﻟﻤﻌﺪﻧﻴﺔ. 1 MA’ADEN WA’D AL SHAMAL – CIVIL DEFENSE – ROOF SYSTEM Wa’d Al Shamal, Turaif 2 OUR VISION To be the first and most preferred partner for those who are seeking full and integrated steel structure solutions ﺭﺅﻳﺘﻨﺎ ﺃﻥ ﻧﻜﻮﻥ ﺍﻟﺨﻴﺎﺭ ﺍﻷﻭﻝ ﻭﺍﻷﻓﻀﻞ ﻛﺸﺮﻳﻚ ﻟﻜﻞ ﻣﻦ ﻳﺴﻌﻰ ﻟﻠﺤﺼﻮﻝ ﻋﻠﻰ ﺣﻠﻮﻝ ﻣﺘﻜﺎﻣﻠﺔ ﻟﻠﻤﻨﺸﺂﺕ ﺍﻟﻤﻌﺪﻧﻴﺔ OUR MISSION To safeguard our clients from the risks associated with making incorrect decisions regarding the facilities in which they are intending to conduct their business through providing the full service of consultancy, engineering, fabrication, and installation of steel structures that fully and most economically suit their ﻣﻬﻤﺘﻨﺎ business requirements ﺃﻥ ﻧﺤﻤﻲ ﻋﻤﻼءﻧﺎ ﻣﻦ ﺍﻟﻤﺨﺎﻁﺮ ﺍﻟﻤﺘﺮﺗﺒﺔ ﻋﻠﻰ ﺍﺗﺨﺎﺫ ﻗﺮﺍﺭﺍﺕ ﻏﻴﺮ ﺻﺤﻴﺤﺔ ﻓﻴﻤﺎ ﻳﺨﺺ ﺍﻟﻤﺒﺎﻧﻲ ﻭﺍﻟﻤﻨﺸﺂﺕ ﺍﻟﻤﺨﺼﺼﺔ ﻟﻤﻤﺎﺭﺳﺔ ﻧﺸﺎﻁﺎﺗﻬﻢ ﺍﻻﺳﺘﺜﻤﺎﺭﻳﺔ، ﻭﺫﻟﻚ ﻣﻦ ﺧﻼﻝ ﺗﻮﻓﻴﺮ ﺍﻟﻤﺸﻮﺭﺓ، ﺍﻟﺨﺪﻣﺎﺕ ﺍﻟﻬﻨﺪﺳﻴﺔ، ﺍﻟﺘﺼﻨﻴﻊ، ﻭﺍﻟﺘﺮﻛﻴﺐ ﻟﻠﻤﻨﺸﺂﺕ ﺍﻟﻤﻌﺪﻧﻴﺔ ﺍﻟﺘﻲ ﺗﺘﻨﺎﺳﺐ ﺑﺸﻜﻞ ﻛﺎﻣﻞ ﻭﺍﻗﺘﺼﺎﺩﻱ ﻣﻊ ﻣﺘﻄﻠﺒﺎﺕ ﻧﺸﺎﻁﺎﺗﻬﻢ ﺍﻻﺳﺘﺜﻤﺎﺭﻳﺔ OUR VALUES We give the most sincere advice to both our existing and potential clients ﻧﻘﺪﻡ ﺍﻟﻨﺼﻴﺤﺔ ﺍﻟﺼﺎﺩﻗﺔ ﻟﻌﻤﻼﺋﻨﺎ ﺍﻟﺤﺎﻟﻴﻴﻦ ﻭﺍﻟﻤﺤﺘﻤﻠﻴﻦ We present all options and alternatives to our clients, not only those that guarantee maximizing our profit ﻗﻴﻤﻨﺎ ﻧﻘﺪﻡ ﺟﻤﻴﻊ ﺍﻟﺨﻴﺎﺭﺍﺕ ﻟﻌﻤﻼﺋﻨﺎ، ﻭﻟﻴﺲ ﻓﻘﻂ ﺍﻟﺨﻴﺎﺭﺍﺕ ﺍﻟﺘﻲ ﺗﻀﻤﻦ ﺗﻌﻈﻴﻢ ﺃﺭﺑﺎﺣﻨﺎ We do not limit our role to our scope of work, if we see that the client can use some technical advice then we shall happily provide such advice ﻻ ﻧﺤﺼﺮ ﺩﻭﺭﻧﺎ ﻓﻲ ﻧﻄﺎﻕ ﻋﻤﻠﻨﺎ ﺍﻟﺘﻌﺎﻗﺪﻱ ﻓﻘﻂ، ﻭﻳﺴﻌﺪﻧﺎ ﺩﺍﺋﻤﺎً ﺃﻥ ﻧﻘﺪﻡ ﺍﻟﻨﺼﻴﺤﺔ ﻟﻌﻤﻼﺋﻨﺎ ﺇﺫﺍ ﺭﺃﻳﻨﺎ ﺃﻧﻬﻢ ﺑﺤﺎﺟﺔ ﻟﻬﺎ We do not leave a job before achieving the full satisfaction of our clients ﻻ ﻧﺘﺮﻙ ﻋﻤﻼً ﺑﺪﺃﻧﺎ ﺑﻪ ﻗﺒﻞ ﺃﻥ ﻧﺤﻘﻖ ﺍﻟﺮﺿﻰ ﺍﻟﺘﺎﻡ ﻟﻌﻤﻼﺋﻨﺎ 3 ORGANIZATION STRUCTURE Board of Directors External Auditor Executive Director Legal Advisor Deputy Executive Director Finance & Admin Engineering QA/QC Projects Manager Manager Supervisor Manager Project Admin Accounting Commercial Technical Engineers Dept. Dept. Admin Gang Leader Officer Accountant Estimation Design Erection Team 1 Engineer Engineer PR Accountant Gang Leader Officer Cost Draftsman Erection Team 2 Control Drivers Gang Leader Erection Team 7 4 SATS MAIN CARGO & COMMON TRANSIT TERMINAL King Fahd International Airport, Dammam 5 Signature Projects 6 REDTAG SHOWROOM (Dammam) King Saud St., Dammam PROJECT DESCRIPTION: 3,500sqm Showroom for the famous fashion franchise REDTAG in Dammam city. DARAT SCOPE OF WORK: Supply and Erection of Pre- Engineered Steel Structure, Sheeting and Insulation. 7 REDTAG SHOWROOM (Dammam) 8 MA’ADEN WA’D AL SHAMAL PROJECT Wa’d Al Shamal Project, Turaif PROJECT DESCRIPTION: 19,500sqm built up area of general stores, Special Purpose Stores, Labor Housing, Kitchens, and Mess Hall, 19 Roof systems of different types and sizes for the civil defense Dept. and residential buildings DARAT SCOPE OF WORK: Supply and Erection of Pre-Engineered Steel Structures, Sandwich Panel, Sheeting, Insulation, Skylights for all Buildings, and Decking for Roof Systems for Residential Buildings 9 MA’ADEN WA’D AL SHAMAL PROJECT 10 SATS MAIN CARGO & COMMON TRANSIT TERMINAL King Fahd International Airport, Dammam PROJECT DESCRIPTION: 30,000sqm built up area including two levels of mezzanines of 12,000sqm. DARAT SCOPE OF WORK: Erection of Pre-Engineered Steel Structure, Sheeting, and Insulation for Roofs and Walls. Supply and Erection of Perforated Aluminum Sheets and Architectural Features for Walls and Roof. 11 SATS MAIN CARGO & COMMON TRANSIT TERMINAL King Fahd International Airport, Dammam 12 ARAMCO Special –Purpose Warehouses ARAMCO Camps, Dhahran & Hafouf PROJECT DESCRIPTION: Several Special-Purpose warehouses in Hafouf & Dhahran camps of ARAMCO summing up to around 11,000sqm. DARAT SCOPE OF WORK: Supply and Erection of Pre-Engineered Steel Structures, Sandwich Panel, Sheeting, and Insulation for Roofs and Walls. 13 OXIDE BOARDS FACTORY Oxide Boards Factory, Al-Kharj Industrial City PROJECT DESCRIPTION: 6,000sqm Magnesium Oxide Boards Factory. DARAT SCOPE OF WORK: Supply of Pre-Engineered Steel Structure, Sheeting, Insulation and Skylights for Roofs and Walls. 14 AL-JOUF PICKLES FACTORY Al-Jouf Agricultural Development Co., Al-Jouf PROJECT DESCRIPTION: 12,000sqm Pickles Factory of the Public Shareholding Company; Al- Jouf Development Co.
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    Disclaimer & Disclosure By accepting this publication you agree to be bound by the foregoing terms and conditions. You acknowledge that KFH Research Limited (“KFHR”) is part of the worldwide Kuwait Finance House Group of subsidiaries and affiliates (KFH Group), each of which is a separate legal entity. KFHR alone is responsible for this publication and for the performance of related services and/or other obligations. The recipient agrees not to make any claim or bring proceedings as regards to this publication or related services and obligations as against any other entity within the KFH Group, or any of their subcontractors, members, shareholders, directors, officers, partners, principals or employees. KFHR has prepared this publication for general information purposes only and this does not constitute a prospectus, offering document or circular or offer, invitation or solicitation to purchase, subscribe for or sell any security, financial product or other investment instrument (“Investments”), or to engage in, lead into, conclude or refrain from engaging in any transaction. In preparing this publication, KFHR did not take into account the investment objectives, financial situation and particular needs of the recipient. Before making an investment decision on the basis of this publication, the recipient needs to make its own independent decision, preferably, with the assistance of a financial and/or legal adviser, in evaluating the Investment in light of its particular investment needs, objectives and financial circumstances. Any Investments discussed may not be suitable for all investors; there are risks involved in trading in or dealing with Investments and it is highlighted that the value, yields, price or income from Investments may go up or down.
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  • Saudi Arabia Land of Opportunities
    SAUDI ARABIA LAND OF OPPORTUNITIES INDUSTRIAL INVESTORS GUIDE My first objective is for our country to be a pioneering and successful global model of excellence, on all fronts, and I will work with you to achieve that The Custodian of The Two Holy Mosques King Salman bin Abdulaziz Al Saud Contents Saudi Vision 2030 8 16 Why Saudi Arabia? 40 Industrial Clusters (IC) Saudi Vision 2030 8 Saudi Arabia Vision 2030 Our Vision for Saudi Arabia is to be the heart of the Arab and Islamic worlds, the investment powerhouse, and the hub beneath our lands. But our real wealth lies in the ambition of our people and the connecting three continents potential of our younger generation. They are our nation’s pride and the architects It is my pleasure to present Saudi Arabia’s of our future. We will never forget how, Vision for the future. It is an ambitious yet under tougher circumstances than today, achievable blueprint, which expresses our nation was forged by collective our long-term goals and expectations determination when the late King Abdulaziz and reflects our country’s strengths and Al-Saud – may Allah bless his soul – united capabilities. All success stories start with the Kingdom. Our people will amaze the a vision, and successful visions are based world again. on strong pillars. The first pillar of our vision is our status as the heart of the Arab and We are confident about the Kingdom’s Islamic worlds. We recognize that Allah the future. With all the blessings Allah has Almighty has bestowed on our lands a gift bestowed on our nation, we cannot help but more precious than oil.
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  • Publication.Pdf
    In The Name Of Allah, The Most Merciful, The Most Compassionate Arriyadh holds a strategic and pivotal role as the capital of the Kingdom of Saudi Arabia which is the birthplace of the Message of Prophet Mohammed (Peace be upon Him) and the location of the Two Holy Mosques. The dynamic capital hosts diplomatic, Islamic, political, economic, financial, trade, scientific, technological and educational institutions and is a fast developing national, regional and international center. Arriyadh is also a hub of administration with national cultural and heritage bodies and activities. the Custodian of the Two Holy Mosques King Salman Bin Abdulaziz (may God bless him) has over many decades actively supported Arriyadh and its remarkable development. Today, with his Crown Prince, Deputy Prime Minister, Minister of Interior; and the Deputy Crown Prince and Defence Minister; King Salman is ably guiding the development of the Kingdom, its capital and provinces and ensuring the welfare, security and prosperity of the nation’s population. Evidence of this is seen in the range of visionary development and infrastructure projects, which are helping to transform the Kingdom and the wider region. The development process in Arriyadh does not focus on specific areas or sectors. Rather it embraces a wide and comprehensive range of projects and needs. These include ambitious programs in transportation. The King Abdulaziz Public Transport Project in Arriyadh City is the largest of its kind and will provide a network of metro and bus services in the capital. The King Khaled International Airport Development Project will considerably expand passenger and airfreight capacity; and national and regional projects to develop railroad and road networks will soon offer remarkable improvements in transportation within the Kingdom and GCC.
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  • Saudi Arabia – Industrial Sector Overview August 2016
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  • Vision 2030 and the Birth of Saudi Solar Energy
    MEI Policy Focus 2016-15 Vision 2030 and the Birth of Saudi Solar Energy Makio Yamada Middle East Institute Policy Focus Series July 2016 A solar sector is emerging as part of Saudi Arabia’s economic diversification plans under the Vision 2030. Makio Yamada offers an analysis of policy and institutions governing the country’s expansion into “yellow oil.” Rising domestic oil consumption, young citizens’ entry into the job market, and reduced solar panel production costs have driven the launch of the solar industry in the kingdom. Growth of the industry had previously been hindered by institutional ambiguity and fragmentation, but the government restructuring in May has paved the way to its eventual rise by unifying necessary administrative functions under the newly-created super-ministry. Key Points ♦ The new Saudi leadership, led by King Salman and his son Deputy Crown Prince Mohammed, will exercise control over the country’s next giant, non-oil industry, which Saudis call “yellow oil,” or solar energy ♦ The initial driver behind the Saudi government’s interest in the use of solar power was its intention to preserve the kingdom’s capacity to export oil in light of rising domestic consumption; the Vision 2030 also underscores the industrial aspect of solar energy ♦ Following the succession in January 2015, the new leadership found the country’s institutional framework for the solar sector problematic; the government restructuring in May 2016 unified the necessary administrative functions for the sector ♦ Insufficient human capital may be an impediment to the growth of the industry; the National Transformation Program 2020 has set ambitious goals to boost the country’s technical education, but its feasibility remains to be seen Makio Yamada Makio Yamada Introduction investigates economic diversification in Saudi he announcement of Vision 2030, the Arabia and G.C.C.
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  • Mohammed Alammar
    Mohammed AlAmmar Senior Counsel Corporate, Finance and Investments Riyadh: +966 11 466 9452 [email protected] Mohammed is an independent legal counsel and the founder of the Law Office of Mohammed Al Ammar which has been exclusively working in cooperation with King & Spalding LLP in the Kingdom of Saudi Arabia since 2006. Mohammed works closely with the corporate, projects and fund practice teams of King & Spalding LLP in Dubai and Abu Dhabi on regional projects. Mohammed focuses on cross-border acquisitions, private equity, venture capital, joint ventures, and general corporate and Commercial matters in Saudi Arabia and United Arab Emirates. Mohammed’s transactional work has involved advising some of the high profile private equity and venture capital firms in the Middle East including Nazer Group, Gulf Investment Corporation, Saudi Aramco Entrepreneurship Ventures (Wa'ed), Islamic Development Bank, Baxter Group, Derayah Capital, Dalma Energy, Al Elm Information Security Company, Christian Dior Group, General Dynamics, Global Investment House, Al Rajhi Capital, Audi Capital, Riyadh Capital, Johns Hopkins Aramco Healthcare, NBK Capital, Gulf Capital and Audacia Capital. He is recognized as a notable practitioner for his M&A and Islamic finance work in Saudi Arabia by one of the leading legal directories IFLR1000. Publications, Speeches, and Presentations “Healthcare Regulatory Environment in Saudi Arabia,” Member Briefs, American Health Lawyers Association, (November 2009, Nabil Issa, co-author). “UAE Update, Middle East: Year in Review,” The International Lawyer, Vol. 43, No. 2, Summer 2009 (Nabil Issa, co-author). Matters Represented Nazer Group on its sale of a stake in Bupa Arabia, a public listed insurance company in Saudi Arabia, to Bupa UK.
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  • Alrashed Building Materials Company Since 1950
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  • Saudi Arabia's Vision 2030
    Facilities Management Role in Achieving Saudi Arabia’s Vision 2030 Content ▪ Saudi Arabia’s Vision 2030 03 ▪ Saudi Arabia Facilities Management Market Overview 04 ▪ Facilities Management Market in Saudi Arabia 05 ▪ Economic Cities 12 2 Saudi Arabia’s Vision 2030 Saudi Arabia Vision 2030 aims to transform country’s economy through diversification of economy by investing and promoting non-oil based sectors. Key Goals and Objectives of Vision 2030 • Boosting government’s revenue from USD159.99 billion in 2016 to USD1866.52 billion by 2030. • To increase share of non-oil based exports from around 16% in 2016 to around 50% by 2030. • To increase the share of Foreign Direct Investment (FDI) in GDP from 3.8% in 2016 to 5.7% by 2030. • To increase the share of small and medium scale enterprises from 20% in 2016 to 35% by 2030. • To increase the contribution of private sector to around 65% of GDP by 2030 thereby opening up different sectors of country for private sector player. Key Initiatives to achieve Facilities Management Contribution to achieve Vision 2030 Vision 2030 • The country aims to set up sovereign • Facilities Management companies will help commercial and wealth fund amounting to around USD2 industrial enterprises to focus on their core operations thereby trillion to support the development enhancing the competitiveness of these enterprises. projects associated with the Vision. • Expansion of small to medium scale facilities management providers would encourage the promotion of SME sector in the • FDI worth USD1.00 trillion between country. 2017-2032 is anticipated to flow in • Capital infused by global facilities management companies would Saudi Arabia thereby boosting the further catalyse growth in services sector, thereby boosting growth of private sector.
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  • 2018|2019 9 2018|2019 9
    Saaudi Arabbia 2018|20199 Discovering Business SAUDDI BRITISH in associaation with JOINT BUUSINESS COUNCIL Copyright © Allurentis Limited 2018. All rights reserved. Allurentis is delighted to have been involved in association with the Department for International Trade and the Saudi British Joint Business Council on this, the fourth edition of Saudi Arabia - Discovering Business and would like to thank all sponsoring organisations for their kind contributions. We are confident that it will raise awareness with all readers and prove to be an invaluable resource, especially for those wishing to become involved in the extraordinary business opportunities and growth prospects within Saudi Arabia. Electronic copies of this publication may be downloaded from Allurentis Limited's website at www.allurentis.com, provided that the use of any copy so downloaded, complies with the terms and conditions specified on the website. Except as expressly stated above, no part of this publication may be copied, reproduced, stored or transmitted in any form or by any means without the prior permission in writing from Allurentis Limited. To enquire about obtaining permission for uses other than those permitted above, please contact Allurentis by sending an email to [email protected] Photos courtesy of: www.istockphoto.com | www.shutterstock.com | www.123rf.com USINESS Contents B Introduction Saudi Arabia’s visionary strategy will require huge investment 4 ISCOVERING Messages HMA Simon Collis: British Ambassador to the Kingdom of Saudi Arabia 7 HRH Prince Mohammed
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  • GCC Powers of Construction 2010 Building the Future and Growing Stronger
    GCC powers of construction 2010 Building the future and growing stronger Eighty five years in the Middle East Contents 4 Executive summary 6 Meet the executives Murray & Roberts on partnering successfully in the Middle East 10 Meet the executives Al-Turki’s construction sector report for the Kingdom of Saudi Arabia 20 Setting up business in Saudi Arabia The frequently asked questions 24 IPO readiness in the construction sector 30 Regional restructuring 34 Changing the game: Capitalizing on BOT/PPP: a contractor’s perspective 38 Profiles 40 References 43 Contacts Building the future and growing stronger | Deloitte GCC powers of construction 2010 | 3 Executive summary It has certainly been an interesting and challenging year. We have seen the last twelve months plagued with significant challenges in closing out suspended or canceled projects to ensure contractors were paid fairly for work done and that performance bonds were safely released as well as an inordinate amount of time being spent by management in negotiations and continuous following up to collect cash for completed or ongoing projects. Cash resources have been stretched to the limit and contractors have been faced with two alternatives: signing a memorandum of understanding in which they agree to discounts and payment plans and thereby collect some cash and recoup most of their costs; or face arbitration proceedings coupled with huge costs and no certainty on the outcome and the length of the arbitration. The knock-on effect has seen contractors ultimately financing the employers due to extended and renegotiated payment terms. This, in turn, has put enormous pressure on contractors who have had to negotiate extended terms with their banks, which in itself has been challenging given the overreaction to the risk associated with the construction industry.
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  • Post-Oil Knowledge: the Acquisition of Human
    POST-OIL KNOWLEDGE: THE ACQUISITION OF HUMAN CAPITAL FOR TRANSITION IN THE ARAB GULF STATES DISSERTATION Presented in Partial Fulfillment of the Requirements for the Degree Doctor of Philosophy in the Graduate School of The Ohio State University By Michael C. Ewers, M.A. Graduate Program in Geography The Ohio State University 2010 Dissertation Committee: Professor Edward Malecki, Advisor Professor Lawrence Brown Professor Mathew Coleman Copyright by Michael C. Ewers 2010 Abstract This research examines the human capital dimensions of structural change in oil economies, with a focus on the case of the Arab Gulf States: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia the United Arab Emirates (UAE). These oil-abundant, labor- deficient countries have undertaken numerous efforts over the past four decades to diversify their economies beyond oil, with varying levels of success. Oil-generated capital (rent) accumulation, however, has generated severe labor market distortions in the region, with private sector work dominated by majority foreign workforces and a high- wage public sector providing employment for the minority citizenry. The resulting human capital mix presents a structural barrier to developing the local capacity required for creating or sustaining a post-oil economy. Accordingly, this project examines the evolution of the Gulf labor markets in response to the region’s economic diversification efforts, from the first oil boom (1973-1986) through the second oil boom (1998-2008). The goal is to determine the conditions under which natural capital (oil) is converted to non-oil human capital (knowledge) or, conversely, the conditions under which oil abundance crowds out sustainable development capacity. Utilizing a mixed-methods approach, this project consists of a four-decade analysis of historical and other secondary data analysis, a large-scale employment and human capital survey of foreign and local companies in the region, and key-informant ii interviews with human resource professionals in the UAE.
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  • GCC Real Estate
    X GCC Real Estate Al Masah Capital Management Limited Level 9, Suite 906 & 907 ETA Star - Liberty House Dubai International Financial Centre Dubai-UAE P.O.Box 506838 Tel: +971 4 4531500 Fax: +971 4 4534145 Al Masah Capital: GCC Real Estate Sector Email: [email protected] Website: www.almasahcapital.com Disclaimer: This report is prepared by Al Masah Capital Management Limited (“AMCML”). AMCML is a company incorporated under the DIFC Companies Law and is regulated by the Dubai Financial Services Authority (“DFSA”). The information contained in this report does not constitute an offer to sell securities or the solicitation of an offer to buy, or recommendation for investment in, any securities in any jurisdiction. The information in this report is not intended as financial advice and is only intended for professionals with appropriate investment knowledge and ones that AMCML is satisfied meet the regulatory criteria to be classified as a ‘Professional Client’ as defined under the Rules & Regulations of the appropriate financial authority. Moreover, none of the report is intended as a prospectus within the meaning of the applicable laws of any jurisdiction and none of the report is directed to any person in any country in which the distribution of such report is unlawful. This report provides general information only. The information and opinions in the report constitute a judgment as at the date indicated and are subject to change without notice. The information may therefore not be accurate or current. The information and opinions contained in this report have been compiled or arrived at from sources believed to be reliable in good faith, but no representation or warranty, express, or implied, is made by AMCML,as to their accuracy, completeness or correctness and AMCML does also not warrant that the information is up to date.
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