Naif Al-Rajhi outlines investment strategy

Naif Al-Rajhi outlines investment strategy
Updated 30 March 2015
Follow

Naif Al-Rajhi outlines investment strategy

Naif Al-Rajhi outlines investment strategy

Custodian of the Two Holy Mosques King Salman called for the importance of diversifying the economy sources to reduce the dependence on oil, which comes in line with the sectors’ movements toward this direction.
Income diversification was among the most important issues, highlighted in the king’s upcoming strategy as it reduces the investment risks by branching out into more than one sector, thus increasing the sources of income. This recalls the actions of investors in the past, when they invested most of their capital in the stock market, which affected negatively other economic sectors.
Specialization is believed to empower the economy, however many economic theories disagree with this concept as also local and international success stories prove the opposite.
Naif Al-Rajhi, chairman of Naif Al-Rajhi Investment Company, confirms the importance of income diversification: "Diverse investment companies thrive on successful risk management and qualified human capital, and these are the pillars of success for Naif Al Rajhi Investment Company, incorporating more than 30 companies, providing more than 17 services in 11 different sectors."
Al-Rajhi added: “We cannot overlook other important aspects through which investment companies operate such as global expertise, creative thinking, and professional scientific and practical tools, which allow the company to achieve its objectives."
Naif Al-Rajhi pursues its investments based on knowledge and global expertise in various effective and influential sectors, headed by the real estate and financial market sectors. In addition, the company invests in many fields such as private equity, facilities management, industrial sector, marketing and communication, e-commerce, hospitality, F&B and social entrepreneurship. The company reinforced its presence in the UAE and is seeking to expand its business in the world through its headquarters in the UK.