The Corporate Investments Department focuses on executing SEDCO Holding’s strategy for direct investments and other international investment mandates. It guides Group company investment strategies and supports them by acting as an expert consultant.
This was a busy year for the department, laying the foundations to implement Focus 2025. Portfolio initiatives were prioritized in line with the strategy and a review was initiated for promising sectors, refining business models to meet market demands and emerging trends.
Opportunities in adjacent sectors are being considered for growth beyond the core businesses. Strengthening the operating companies’ corporate governance and leadership teams continues to be a major focus and successful steps were taken in both areas.
Efforts to stabilize several of the businesses in light of challenging market conditions paid off, supported by market stabilization in several sectors.
Nahdi Medical Company opened its first primary care clinics during the year. AutoWorld began to implement its new corporate strategy, continuing to gain market share in corporate auto leasing. Alshiaka made significant progress with its roll-out of new concept stores across the country. And Tarfeeh undertook a series of brand and marketing initiatives.
Yusr International Schools is finalizing its corporate structure to focus on growth within its geographic presence as it moves to new campuses in Jeddah.
Following the completion of five-year strategies for AutoWorld and Alshiaka, the Corporate Investments Department will continue to support the completion and implementation of strategies for key sectors such as healthcare, mall operations and hospitality.
We believe that exploiting Group-wide synergies will gradually yield benefits by consolidating services to build both scale and efficiencies.