Abdullah Al Othaim Investment Co.
Mohammed Al Hmidi is a Facility Management and Administrative Affairs Specialist at Abdullah Al Othaim Investment Co. since October 2021, overseeing multiple projects related to the design, renovation, and construction of administrative buildings for over 10 companies, along with the management of accommodations in 16 cities nationwide. Prior to this role, Mohammed worked as an Administrative Affairs Specialist at the Embassy of the Custodian of the Two Holy Mosques in the United Arab Emirates from February 2018 to November 2020, where responsibilities included coordinating administrative operations and preparing reports. Mohammed holds a Bachelor's degree in Sociology and Social Work from Imam Muhammad ibn Saud Islamic University, completed in August 2015.
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Abdullah Al Othaim Investment Co.
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AOIC is one of the largest shopping mall operators in the Kingdom of Saudi Arabia and is the largest operator in secondary cities. The Company was established as a Saudi closed joint-stock company with a share capital of SAR 1,000,000,000 divided into 100,000,000 Shares with a nominal value of SAR 10 per Share. The Company aims to ensure sustainable operations and attractive profits for its shareholders through the ownership, development, and management of its malls, attracting top local and international brands. The Company offers a diversified range of mall, entertainment, retail, food and beverage, and cinema businesses. Its strategic focus on leadership in untapped areas in the Kingdom equates to the Company’s market leadership in small and medium cities, where its positioning provides a high barrier to competition, with a targeted offering in major cities. The Company benefits from a strong market ecosystem resulting in favorable capital market conditions, in parallel with supportive market dynamics and driven by Vision 2030 economic diversification initiatives. The IPO will provide an important strategic dimension to propel the Company’s growth strategy.