On the back of a successful year in business, Saudi-owned Al Osais has unveiled a number of plans for the coming year that includes its ambitious expansion and its foray into new partnerships.

“2007 will be a major boost for our group, which will see us enter into new mega projects and new partnerships,” says vice president Abdulrahman Moraisel.
“In addition, Al Osais plans to enter into alliances in different fields and launch three more companies, adding value to the group. Moreover, plans are also on the anvil to implement a new SAP ERP system along with other managerial competency programs that will help improve efficiency across the group’s companies.
Established in 1972, Al Osais International holding company owns major shares in more than 16 companies and is a minority shareholder in more than 50 other local and global companies and investment institutes.
“Through continuous investment and development the group has, in a span of three decades, become one of Saudi Arabia’s most dynamic and forward-looking independent business networks, says Moraisel.
Today, the group holds a diverse and exciting portfolio of businesses with construction, industrial and petroleum services, manufacturing, rental, and trading and investments.
“Our vision is to be one of the leading global, multifunction group, which will be known by its commitments. Our mission is to be a prominent investment holding company in construction, manufacturing, trading and services providing efficient and quality execution through affiliated companies, building a high degree of customer retention, conforming to international standards and development of human resources in tune with globalisation, economic reforms and business ethics,” Moraisel concludes.