Al Hamah holding company in Saudi Arabia, is shaping prosperity for generations through diverse investment ventures in key industries and contributing to the nation's growth
ABOUT US
Al Holoul Al Mutakamela Holding Company (the “Company”) is a Saudi closed joint stock company registered in Kingdom of Saudi Arabia, under Commercial Registration No. 1010768869, dated in Jumada al-Ula 26, 1443 H (corresponding to December 30, 2021).
The registered address of the Company is 2705, King Abdullah Road, Salahuddin District, Riyadh, Kingdom of Saudi Arabia.
The Company Share Capital consists of 50 million shares at SR 10 per share as of March 31, 2024 and December 31, 2023.
The Integrated Solutions Holding Company “Al Hama” is an investment-focused company with an investment vision aimed at investing its funds in subsidiary and affiliate companies, as well as investing in stocks and owning real estate. Currently, it has a tractive record of financial and operational achievements through a series of strategic investments it has made. The company is managed by a high-level executive team characterized by economic acumen and extensive experience in risk management and governance.
Investments
The company aims to maximize shareholders’ equity by completing a number of investment deals and then distributing all returns to the shareholders. Investments in subsidiary companies hold the top position, constituting 66% of the total investments. Treasury investments, consisting of Murabaha deposits and subscriptions in shares of companies listed on the financial market, have grown to constitute 29% of the total investments. Real estate investments represent 5% of the total investments.
Key Milestones in the Journey of “Al Hamah”
Below are the main achievements of “Al Hamah” since its establishment:
- Created the company identity and brand name in line with its strategy and investment direction.
- Restructured the ownership of the subsidiary company “SMASCO.”
- Increased the company’s capital to 500 million Saudi Riyals.
- Completed the private placement by selling 30% of the shares in the subsidiary “SMASCO.”
- Studied participation in new investments to diversify the company’s activities.
- Provisionally approved the sale of an investment property (“Tower”) upon the completion of construction work.
- Completed the sale of an investment property (“Tower”).
- Created an investment portfolio through participation in public offerings.
- Moved the company’s management and its subsidiaries to a new headquarters.
- Continued studying and evaluating options for strategic partnerships with specialized partners in the sectors where the subsidiaries operate.
Our Thriving Investments
Our investments are more than just capital– they are opportunities for transformation. We drive success by harnessing creativity, innovation, and a relentless pursuit of excellence in every investment
Saudi Manpower Solutions Company – SMASCO
Saudi Manpower Solutions Company (SMASCO) is an integrated group of companies delivering a complete ecosystem that streamlines operations and drives innovation. With a commitment to providing tailored support for individuals and businesses alike, SMASCO is creating a future where work is easier, more efficient, and more productive.
Areeb Human Resources Company – Areeb
Areeb Human Resources Company “Areeb” is a limited liability company established in 2020 in Riyadh. It is a startup specializing in recruiting national cadres in conjunction with the launch of the Ajeer system for outsourcing Saudis.
Esnad Building Cleaning Services Company – ESNAD
Esnad Building and Residential Cleaning Services Company “Esnad” is a limited liability company established in 2019 in the Emirate of Dubai. It is a startup specializing in providing building and residential cleaning services.
Saudi Facilities Management Co. – Saudi Marafiq
Saudi Marafiq for Facilities Management has endeavored to provide the best solutions and services to manage the facilities of clients in a more professional and efficient way, distinguishing itself in the local market.
Saudi Medical Services Company – Adeed
Adeed is a healthcare provider that offers a range of medical home care services, elevating the standard of care for individuals in need. With a focus on delivering quality and compassionate care, Adeed has established itself as a trusted partner for those seeking top-notch health services. From routine check-ups to specialized treatment, Adeed has you covered.