Asyad Holding Company
Chairman of the Asyad Holding Group, Osama Al Sayed has dedicated his professional life to building a portfolio of companies that are not only profitable but that play important roles in the development and modernization of the Kingdom of Saudi Arabia.
Graduating from King Saud University in Riyadh with a degree in architecture, Mr. Alsayed went on to earn a Master’s of Science in Architectural Engineering from King Saud University in Riyadh and an MBA in Project Management. He made his first foray into the business world in 1975 when he established a construction company that made its mark by successfully tackling projects in remote pockets of the Kingdom. Sheikh Osama slowly branched out into other industries, always keeping an eye on two things: the bottom line and the benefits his activities could bring to a developing country.Eschewing exit strategies for his Saudi-based investments, Sheikh Osama created,
acquired and invested with long-term goals of bringing vital services, the expertise to deliver them and jobs to Saudi Arabia.Since his initial steps into the construction industry, Sheikh Osama has created or partnered in more than 50 business ventures across such diverse sectors of the economy as real estate development, aviation, telecom services, logistics, retail, energy and management. With the establishment of Asyad Holding, Sheikh Osama chairs a group of exceptionally experienced and qualified board members and division heads who collaborate and advise on the group’s business and financial interests worldwide.Sheikh Osama Al Sayed has a hard-earned reputation for anticipating and bringing to fruition new opportunities ahead of the market – from his initial construction operations to Asyad’s current development of its aviation holdings – an ability that has made Asyad Holding one of the most successful family businesses in Saudi Arabia today.
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Asyad Holding Company
The Asyad Holding Group is based in the Red Sea port city of Jeddah, Saudi Arabia and comprises a diversified portfolio of wholly-owned companies, joint-ventures, investments, financial holdings and real estate projects. The Group’s roots lie in the construction company founded by Osama Al Sayed in 1975, a success that led to an eventual diversification into the retail sector, real estate development, general investment and, ultimately, private aviation. Today, the Asyad Group comprises more than 50 companies and is a 100 percent family-owned enterprise with Osama Al Sayed serving as Chairman and he and his sons and daughters as the sole shareholders.As the economy and business environment in Saudi Arabia have matured, the Asyad Group has also developed, evolving from a successful family business into a holding company that maintains international standards of governance, operating procedures, financial operations and transparency