JEDDAH — SEDCO Holding Group sees sustained growth through further expansion in its investment ventures over the next 10 years. The Group's bullish outlook was unraveled at its annual “Multaqa SEDCO 2015” held at Leylaty Ballroom in Jeddah, attended by the Group's upper management notably Sheikh Saleh Salem Bin Mahfouz, Chairman of the Board and Anees Moumina, CEO of the Group. The event also gathered the heads of its operating companies, CEOs and senior executives, management boards, their partners along with the administrative cadre. Under the theme “Imagine Our Future with Synergy”, the Group's thrust for the next decade was laid down with strong emphasis on teamwork, creativity and professional excellence as key to continuous growth and achievement of defined goals as enshrined in the company's “six values”. Emphasizing on the need to work as a team, Sheikh Saleh said: “We stand here today to draw the future and I trust that the next 10 years will be filled with diversified businesses across all sectors. We are confident that together we will continue our drive forward toward success, with a vision and high hopes into a promising future.” He noted “we have now taken a step forward past the conventional concept of the Group's programs as these have now become the means to craft and envision a bright and synergetic future full of success across the Group, for its employees and toward the community.” Moreover, he underscored that SEDCO Holding Group strives to achieve the expansion strategy in its business and diversity in the various activities. Moumina equally expressed his appreciation and gratification to the Group's portfolio of achievements, while also revealing the Group's aspirations for 2025. “Today, we have reached the global markets with steady steps and SEDCO Holding Group stands as a prime partner for the largest global firms. Our unequivocal commitment to the business has paved the way for further expansion in financial and real estate investments as in the management of funds. In just a matter of 10 years, we have succeeded to have five offices operating regionally. We have diversified our operating companies and are now partners in many sectors, namely education, health, technology, infrastructures, manufacturing and banking.” He however cautioned that “it is crucial for everyone to stand together as one entity and share views which help in the development of the Group to retain this success and more across all sectors,” adding that “we should never forget that maintaining our success is harder than building it or achieving it.” The next 10 years will entail an increase in the number of regional and international offices, further expansion in the direct investment sector and revamp in the real estate investment for higher returns. The Group will also aim to increase its funds and investment portfolio, which have witnessed growth both in terms of numbers but in value as well. It will also intensify its commitment to creating and sustaining great workplaces by developing an attractive and high-trust workplace culture. Indeed, SEDCO Holding Group achieved a high-degree of employee loyalty as it was nominated among the top great places to work for in Saudi Arabia. — SG
