Mawarid Holding

Last updated
Mawarid Holding
Type Private Investment company
Industry Diversified investments
Real estate
Financial services
Healthcare
Hospitality
Media
Telecommunication
Founded1968;54 years ago (1968)
Headquarters
Suleimania, Riyadh
,
Key people
Fahd bin Khaled bin Abdullah bin Abdul Rahman Al Saud (Chairman)
Website Mawarid Group

Mawarid Holding is a private Saudi investment company. [1] It was established in 1968. [2] Its headquarters are in Suleimania, Riyadh. [2] It manages and controls investments in diversified businesses in financial services, telecommunications, satellite television and radio network, construction, general distribution and trading, catering and restaurants. [2]

Contents

Major investments

Related Research Articles

Economy of Kuwait National economy of Kuwait

The economy of Kuwait is a wealthy petroleum-based economy. Kuwait is one of the richest countries in the world. The Kuwaiti dinar is the highest-valued unit of currency in the world. According to the World Bank, Kuwait is the fifth richest country in the world by gross national income per capita. Kuwait's economy is the world's twentieth-largest by GDP per capita. As a result of various diversification policies, petroleum now accounts for 43% of the total GDP and 70% of export earnings. Steel manufacturing is Kuwait's second biggest industry. Kuwait is self-sufficient in steel.

Telecommunications in Saudi Arabia have evolved early in the Kingdom since the establishment the Directorate of Post, Telephone and Telegraph (PTT) in 1926.

Investor AB Swedish investment and conglomerate holding company

Investor AB is a Swedish investment and de facto conglomerate holding company, founded in 1916 and still controlled by the Wallenberg family through their Foundation Asset Management company FAM. The company owns a controlling stake in several large Swedish companies with smaller positions in a number of other firms.

Batelco

Bahrain Telecommunication Company BSC, trading as Batelco, is the principal telecommunications company in Bahrain. The company's headquarters are in Bahrain and the company is listed on the Bahrain Bourse. The Chairman of the Board is Abdulla Bin Khalifa Al Khalifa.

Globe Telecom Telecommunications service provider in the Philippines

Globe Telecom, Inc., is a major provider of telecommunications services in the Philippines. The company operates the largest mobile network in the Philippines and one of the largest fixed-line and broadband networks. As of 2021, Globe's total mobile subscriber base reached 86.6 million. It is also the country’s largest telecommunications company in terms of market capitalization.

Dallah Al-Baraka Holding Company (DBHC), is a private multinational corporation based in Jeddah, Saudi Arabia. The company has holdings throughout the Middle East, North Africa, the Far East and Europe. The company is best classed as a conglomerate with investments including the financial, banking, healthcare, real estate, manufacturing, transportation, and operations and maintenance sectors.

du (company) Dubai-based domestic telecom provider

Emirates Integrated Telecommunications Company, commercially rebranded as du in February 2007, is one of the two main telecom operators in the United Arab Emirates. du offers fixed line, mobile telephony, internet and digital television services across the UAE. It also provides carrier services, a data hub, internet exchange facilities and satellite service for broadcasters. It expanded its services in support of economic and social transformation of UAE and operates subsidiaries such as EITC Investment Holdings Limited, Edara, Smart Dubai Platform Project Company LLC and EITC Singapore PTE. LTD.

EFG Hermes Holding S.A.E. is an Egyptian financial services company present in the Middle East, North Africa, Sub-Saharan Africa, and South Asia regions and specializes in securities brokerage, asset management, investment banking, private equity and research in addition to finance lease, factoring, microfinance, Financial technology, mortgage, and insurance. EFG Hermes serves a range of clients including sovereign wealth funds, endowments, corporations, financial institutions, high-net-worth clients and individual customers. EFG Hermes is listed on the Egyptian Exchange (EGX) and London (LSE) stock exchanges. EFG Hermes has offices in Egypt, the United Arab Emirates (UAE), the Kingdom of Saudi Arabia (KSA), Pakistan, Oman, Kuwait, Jordan, Kenya, Nigeria, UK, United States and Bangladesh with over 4500 people from 25 nationalities. They serve clients from the Middle East, North Africa, Europe and the United States.

Rezayat Group is a group of companies which are headquartered in Al-Khobar, Saudi Arabia. Originally called Ali Reza Group, it was founded by Abdullah Alireza in 1949 in the British Protectorate of Kuwait. The Rezayat Group is active in the industries of oil & gas, water, power generation, engineering and transportation with over 16,000 employees and operations in 13 countries. It is a family owned business descended from the House of Alireza trading family.

Axiom Telecom

Axiom Telecom was founded by an Emirati entrepreneur, Faisal Al Bannai, with four employees at the start of its operations in 1997. Axiom became the official distributors for mobile consumer brands in the UAE and Saudi Arabia, including Samsung, Apple, LG, HTC, Huawei, Nokia, BlackBerry, and the largest market share in the Middle East.

Majid Al Futtaim is an Emirati holding company based in Dubai, that as of 2015 owned and operated shopping malls, retail, and leisure establishments in the Middle East and North Africa, with operations in 13 countries. The group was established by Majid Al Futtaim in 1992. Majid Al Futtaim manages three major operating subsidiaries: Majid Al Futtaim Properties, Majid Al Futtaim Retail, and Majid Al Futtaim Ventures. As of 2015 the holding company worked in 13 countries: UAE, Lebanon, Egypt, Saudi Arabia, Oman, Bahrain, Kuwait, Qatar, Jordan, Pakistan, Iraq, Armenia, Iran, and Georgia.

Viettel

ViettelGroup is a Vietnamese multinational telecommunications company headquartered in Hanoi, Vietnam. Viettel is the largest telecommunications service provider in Vietnam. It is a state-owned enterprise and operated by the Ministry of Defence.

Etihad Atheeb Telecommunications Co., trading as GO, is the second fixed-line operator to acquire a license from the Communications and Information Technology Commission (CITC) to provide fixed services including voice and broadband services based in Saudi Arabia.

Gulf Bridge International

Gulf Bridge International (GBI) is the Middle East's first privately owned submarine cable system linking the countries bordering the Persian Gulf on a self-healing ring to each other and onwards to Europe, Africa and Asia. Gulf Bridge International (GBI), both owns and operates this submarine cable asset as a carrier's carrier as well as offering a full suite of wholesale transmission, IP capacity options, and Enterprise Services. Its main headquarters are located at the Qatar Science & Technology Park in Doha, Qatar.

Telecommunications Consultants India

Telecommunications Consultants India Limited (TCIL) is a government owned telecommunications consultancy provider. It is under the ownership of the Department of Telecommunications, Ministry of Communications, Government of India. It was set up in 1978 to give consultations in fields of Telecommunications to developing countries around the world. Started with an initial investment of 10lakh. TCIL is present in almost 80 countries, mainly in the Middle East, Africa and Europe.

Integrated Telecom Company

Integrated Telecom Company (Salam), It is currently known by its trade name Salam Company is a telecom provider established in 2005 offering broadband, interconnection and Satellite services for businesses, consumers and wholesale segments of the Saudi market.

Seamless Distribution Systems (SDS), a Swedish software company listed on Nasdaq First North Premier, currently operates in over 50 markets in Africa, Asia, Middle East, Europe and North America.

References

  1. - Mawarid Holding, Zawya.
  2. 1 2 3 "Company Overview of The Mawarid Group of Companies". Bloomberg BusinessWeek. Retrieved 9 December 2013.
  3. Kuwait's KIPCO hires Rothschild to advise TV arm IPO Reuters. 22 June 2013. Retrieved 9 December 2013.