Al Hanoo Holding Company was established in 1972 in Riyadh, KSA. It operates as a family office with Sheikh Abdullah F. Al-Shakra serving as the Chairman of the group. Its core business interests are channeled towards real estate investment and development, with focus on large scale infra structure and property development projects. The company has been committed towards the development of the property sector in the MENA region, especially in KSA and UAE, focusing on Sharjah for two major projects: Emirates Industrial City and Nujoom Islands. However, Al Hanoo believes in adopting a diversified approach and has expanded by founding subsidiary companies that has a strong presence in contracting, gas and electricity networks installation, agriculture, trading, and many other developing sectors.
Al Hanoo Holding Company and its subsidiaries are pioneers in their own areas of expertise, and continue to achieve success after success with projects that make difference in people’s life. The company acts as a venture capitalist, assuming the responsibility of general partner. The management not only invests in the projects, but shoulders the responsibility of project management since its inception to its completion. Therefore, Al Hanoo contributes its managerial and technical expertise as well as capital to their investments.
Al Hanoo Holding Company aims to continue striving to accomplish the highest levels of success for its clients and to maximize profits using the most professional strategies. Its vision is to strengthen its position in the regional and international markets, and to make its business a commercial hub. To achieve these goals, the company will persist to harness its intellectual and financial resources in major projects, which promise high financial returns through unprecedented growth in the world and in various other sectors.
SNASCO is a GCC based property developer with a number of landmark projects under construction in the UAE. These projects cover all areas of property development, including a low-rise residential and commercial project in Sharjah, called Al Basateen, and the mixed-use industrial project, Sharjah Investment Centre (SIC).
SNASCO has elaborate plans for further expansion throughout the region, and aims to develop properties with unique architectural and geographical characteristics, which reflect environmental sensitivity, impeccable planning and flawless execution.
Etisalat has been the telecommunications service provider in the UAE since 1976, and has built up a modern telecom infrastructure and established itself as an innovative and reliable operator.
Etisalat stands 140th among the Financial Times Top 100 Corporations in the world in terms of market capitalization, and is ranked by The Middle East magazine as the 6th largest company in the Middle East in terms of capitalization and revenues. The Corporation is the largest contributor outside the oil sector to development programmes of the UAE Federal Government, and is an award-winning socially responsible corporation. Etisalat has also won accolades from across the region for its nationalization programme.
Being the second-largest Arab telecom company by market value, Etisalat manages 14 service providers in the Middle East, Asia and Africa. The company currently has access to a potential market of over 400 million subscribers and its services reach over 32 million subscribers.
Emirates Telecommunications Corporation, Etisalat, is a highly successful provider of advanced telecommunication solutions, offering multimedia and value-added services in fixed line and mobile telephone service (GSM), internet services and e-commerce solutions through eCompany, as well as home cable entertainment through its E-Vision business unit.