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WAAD HOLDING COMPANY
Company Profile
OVERVIEW
Waad Holding Company is a well established, diversified, family owned, conglomerate based in Jeddah. The Holding Company is a “For‐Profit” organization and will include a new charitable foundation (under formation).
The business is currently undergoing a restructuring process which will result in 4 Strategic Business Units and 4 Staff Functions being formalized.
KNOWLEDGE & LEARNING GROUP
The key focus of this group is the Educational Sector. Current operations include Dar AlThiker Schools and Al Thuraya Education. Dar Al Thiker Schools was founded in 2001. It currently has some 950 students from Kindergarten to Senior School levels. This number is scheduled to rise to 1, 650 by 2011. Al Thuraya Education is a new College/University being established in the north of Jeddah and is scheduled to open in 2011. The target intake for the college is some 7, 500 students at full expansion in 2016. The College will offer a range of courses in Engineering, Applied Management Sciences and Information Technology.
This Group plans to open additional schools and kindergarten commencing from 2010 onward.
