Al Othman Holding Company is one of the most established and diversified family-owned businesses in the Kingdom of Saudi Arabia. Founded in 1967 in al-Khobar City, Eastern Province, the company has grown into a leading closed joint-stock firm managing a wide portfolio of enterprises across multiple industries. With operations in 27 locations across the Kingdom and a workforce of over 5,000 employees, Al Othman Holding has consistently contributed to Saudi Arabia’s economic growth while aligning with Saudi Vision 2030.
Vision of Al Othman Holding Company
Chosen as one of the top 100 family-owned companies in the Middle East, Al Othman Holding Company has cemented its reputation as a symbol of innovation and diversification. The company’s vision focuses on:
- Driving innovation in all sectors.
- Relying on national talent and modern technologies.
- Prioritizing customer satisfaction through quality products and services.
- Ensuring sustainable growth that aligns with national development goals.
By diversifying its investments and adopting world-class practices, the company aims to play a key role in advancing the Kingdom’s economy and social development.
Journey of Al Othman Holding Company
Over the decades, Al Othman Holding Company has expanded into a wide range of industries, including oil and gas, food and beverages, plastics and packaging, healthcare, education, technology, real estate, hospitality, and engineering services. Below is a timeline of its major milestones:
- 1967: Established as Mohammed Abdullah Al Othman Trading and Contracting Company (MOC) in al-Khobar.
- 1977: Founded Al Othman Industrial Marketing Company Ltd for industrial supplies.
- 1982: Launched Al Othman Agriculture Production and Processing Company (NADA), now a leading dairy and juice brand.
- 1987: Established Al Othman Wood Industries.
- 1993: Founded Al Othman Plastic Products Company (Plastico).
- 1997: Opened Al Ahsa Hospital for healthcare services.
- 2002: Established Nada International School (NIS).
- 2005: Founded Systems of Strategic Business Solutions (SSBS) and Gas & Oil Technology Company (GOTech).
- 2007: Launched United Steel Grating (USG) and AMO & Partners Engineering Company.
- 2009: Founded Gulf Desert Chemical Company (GDC).
- 2012: Inaugurated Kempinski Al Othman Hotel (five-star), Al Othman Business Park, and Ottoman Signature Hotel.
- 2012: Transformed Plastico into Takween Advanced Industries, listed on the Saudi Stock Exchange (Tadawul).
- 2014: Established RAVSCO (Al-Riyadah Al-Oula Valve Service Company).
- 2019: Launched Quantum Saudi Energy Solutions Company (Quantum ESCO) for energy efficiency.
- 2022: Established Al Salam Medical Services Company.
- 2023: Founded Nada Iraq to expand its food and beverage operations.
Contribution and Impact
Al Othman Holding Company stands as a pioneer in supporting the Kingdom’s transformation goals. Its commitment to diversification and sustainability ensures long-term economic contribution. With leading brands such as NADA Dairy and Takween Advanced Industries, the company not only serves domestic markets but also competes on regional and international levels.
The company’s investments in healthcare, education, and renewable energy solutions demonstrate its dedication to addressing the Kingdom’s vital sectors while supporting local employment and innovation-driven growth.
Conclusion
For over five decades, Al Othman Holding Company has demonstrated resilience, adaptability, and forward-thinking leadership. From its humble beginnings in 1967 to becoming a powerhouse with interests spanning industries, it continues to drive value creation, foster innovation, and align its business strategies with Saudi Vision 2030. With its proven track record, Al Othman Holding remains a cornerstone of Saudi Arabia’s business and economic ecosystem.
