Al-Qassim Approves New Five-Year Strategic Plan

Al-Qassim Holding for Investment announced on Wednesday the Board of Directors’ approval of the new five-year strategic plan, which is scheduled to be launched at the beginning of 2025 and completed until 2030.

This strategy aims to enhance the Company’s position as a preferred investment option in the Kingdom, and to contribute effectively to achieving the goals of Saudi Vision 2030, by diversifying investments in promising sectors and raising growth rates in revenues and profits.

Through this plan, the Company seeks to build a diversified investment portfolio that ensures sustainable growth and added value for its shareholders, relying on strategic partnerships with an elite group of qualified experts and competencies to implement the strategy, and full commitment to the highest standards of governance and transparency.

According to the statement published on “Tadawul”, the strategy includes three main stages:

1. Phase One – Restructuring (Enhancement and Support):

The Company focuses in this stage on enhancing the value of its shareholders by restructuring its investment portfolio, and primarily investing in established and successful companies through acquisitions, in a way that supports achieving sustainable growth and expanding its business scope.

2. Phase Two – Specialised Investment and Growth:

During this phase, the Company continues to operate as a diversified holding company, focusing on specific and promising sectors to build internal expertise and maximise the added value of Al-Qassim as a strategic investor. This phase also includes acquiring existing companies with strong growth potential.

3. Phase Three – Expansion and Knowledge-Driven Diversification:

In this phase, the Company embarks on more comprehensive growth by acquiring established companies, investing in promising startups, and launching new projects. This phase is based on knowledge and innovation to strengthen the Company’s position as a diversified and continuously evolving holding entity.

The Board of Directors expressed its confidence in achieving the ambitious goals arising from this strategy, which is in line with the Kingdom’s Vision 2030 and contributes to building a diversified and sustainable economy.