Aljumaiah Holding – Aljumaiah Holding

Introduction

Al Jumaiah Holdings is a multi-activity real estate and Investment Company that adopts a clear vision and investment strategy achieved through objectives set by a management with accumulated experience of more than 40 years inside and outside the Saudi market. For diversity, and risk allocation, it has owned a large number of diverse properties spread throughout the Kingdom and beyond, and it has made investments and partnerships in various fields, where it has invested in several sectors, notably the fields of real estate: residential, office, commercial centers, malls, and property management, investment diversification also extends to the hotel sector, tourism, and Entertainment sectors, as well as the restaurant sector, which is promising and growing rapidly, which is of broad interest to a broad group of society, in addition to the educational, health and industrial sectors, as these sectors are characterized by their integration and intersection with other sectors and activities that are directly related to the economy. In addition to its effective contribution in the localization of jobs in line with the vision of Saudi Arabia 2030 and to activate the national transformation program 2020. The company’s management is headed by Sheikh Abdullah Bin Ali Al Jumaiah, the founder of this company, and who has led its successes in the world of large and diverse investments, to reach the successes and firmness and confidence.

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Since its establishment, Al- Jumaiah Holding has been working, not only to keep up with the rapid development processes in the Kingdom and beyond, To be also an event makers, and a pioneer of development in the areas that adopt the work in, bearing Considering the intellectual and societal dimension in its investments, where it considers man is the most important source and investment since the first day of its founding, It has gained strength from its authentic determination to success as well as its extensive knowledge and experience spanning more than forty years, where investments have expanded in the meantime and diversified activities at a steady pace and deliberate and clear strategic vision. By its vision as an expert and experienced, Al jumaiah Holding has invested in many investment sectors, diversification of investment and allocation of risks, In order to provide integrated investment solutions, the most prominent of which is real estate investment in its full investment details, from the residential sector, offices, commercial centers, and modern malls to property management of all types, then the diversification of investment to the hotel, tourism, and entertainment sectors, in addition to the educational, health and industrial sectors, with the commitment to quality, health, safety and environment and modern operating principles, to ensure adherence to the highest professional and technical standards, and to attract specialized cadres with multiple and wide experiences in each field and specialization, maintain them, Continuously develop their performance and loyalty, and invest in them. Having proved its success and extensive knowledge of the local and international market, Al-Jumaiah Holding has confidently established the company of Abdullah Ali Al-Jumaiah for Tourism and Hotel Investment to achieve its strategic vision in the field of hotels, resorts, and entertainment within The Saudi market and beyond, where it owns several distinct hotel projects in different categories. In order to integrate the company›s strategic and economic vision, it plans to distinctively enter residential compounds field in the cities of Riyadh and Jeddah as well as in the field of restaurants in modern style.

Company Strategy

Vision

To become one of the leading companies in the real estate and investment sectors, maximize its assets and investments to the highest international standards and professional practices, and create a work environment that contributes to more creativity and investment ideas.

Mission

To be one of the best real estate and investment companies in the Kingdom, which generates profitable returns, in a professional and reliable ways , In an upscale business environment, with diversification in our investments, initiative in capturing qualitative opportunities, and making alliances And attract human talent, to achieve the best returns, and to become a role model in all sectors Where we work, so that we can contribute to Sustainable development of the society›s economies and keep abreast of the vision of the Kingdom 2030

Core values

Al jumaiah holding believes that the return on values is conditional on the growth of revenues, and it›s therefore committed to adopting Values that will affect growth and create valuable value for our customers and our team long-term. Professional integrity: We are committed to honesty and confidentiality of information by adhering to the highest ethical standards, and our Professional integrity is expressed in all our financial, operational and contractual matters which is one of our most important strengths. Intellectual leadership: Intellectual leadership is one of the most important pillars of the success of our company. The Intellectual promotion of investment is our constant passion and goal we strive to achieve and develop it through our partners and employees. Integration: We always strive to create strong and strategic partnerships and alliances with local companies and leading names in our diverse business areas, which adds us a professional dimension and another success, and our commitment to our partners is an important pillar of our success, where we always keen to support this success through trust and best professional functioning. Attention to the individual: The individual is the basic unit in all areas of human activity, and hence we pay particular attention to development and development of loyalty, which represents one of the key thrusts in the administrative approach of Al Jumaiah Holding.

Diversity and Inclusiveness

Based on long experience and clear understanding of the market, Al Jumaiah holding perceived the importance of the strategy of diversity and inclusiveness in investments support and complement each other on the basis of management and operational plans, as well as the distribution of potential risks, as well as extending the horizon to achieve the Group›s overall objectives at the investment and social levels.

Governance

Al Jumaiah Holding is committed to the governance of its companies at the local and international levels, complies with legal requirements in all its operations and is keen On a permanent basis to absolute transparency and full credibility, and this general behavior of the group is not separated from the behavior of each individual In their staff, where it is imperative that their professional and professional respect the laws and abide by ethical standards and interest in customs, Traditions, environment, society, and clients. The Board of Directors of the Holding Company adopted a number of procedures to strengthen the principles of governance and commitment, including: Establishment of Internal Audit Department and Internal Audit Charter. Guides of financial, administrative and operational procedures, policies and practices. Core values and codes of conduct that embody equal opportunities, transparency, and integrity.

Work Fields

Through accumulated experience and outstanding achievements, ِAl Jumaiah holding has understood the market deeply and has consisted an integrated management and planning base, which enabled it to proceed with its investment strategy by diversifying sectors and businesses to cover all areas of development and economic investments in various fields: real estate development, markets and commercial centers, tourism and travel, tourist resorts, hotels, restaurants, Finance, industry and trade, and training and education, where its projects varied according to the diversity of the business sectors.