The conceptual corporate design of Al-Hammad Holding was crystallized 40 years ago with the birth of Al-Hammad Contracting Establishment. Since that time, the company has been developing and growing, covering many of the most important sectors in the Kingdom of Saudi Arabia and assuming an effective role in the Saudi national economy.
Al-Hammad Holding source of power lies in the ability to develop its own capabilities, and effectively managing subsidiary companies. The company has been planning strategic policies for the growth of its companies, in collaboration with those companies.
Al-Hammad Holding employ trust which grows best in context of a life-long commitment in the investments, treasury management, risk management, provision of support services, and the periodical monitoring of the businesses of its companies. The company also plays an important role in the integration of its companies which work in the same sector or field. It also focuses on building an atmosphere of commercial culture for its companies.
With these giant processes of development, Al-Hammad Holding is enormously outgrowing its peer companies. The growth in the company’s revenues for the last three years has been 22 %, 24 % and 27 % respectively. The number of companies it controls is over 16 companies in 8 sectors. By the end of 2009, a 32 % growth in the company’s revenues is targeted. Arriving at the end of the rainbow, the human capital hiring and training naturally coincides with this expansion in order to keep up with the needs of the company.