From modest beginnings in Riyadh in 1964, the founder-Sheikh Ahmad Al-Hoshan-has pursued his personal vision of building a group of highly successful businesses. Sheikh Ahmad’s energy & perseverance have directed the growth from a single construction company to a printing & stationery firm, to the market-leading diversified group of companies that exists today.
During the past 40 years, the group’s geographic scope has broadened, both inside the Kingdom & throughout the region. It has also diversified its businesses to include commerce, manufacturing, & real estate.
Currently, the group’s operations are focused in four strategic businesses/industries:
•Trading - which is the business of stationery, printing solutions, & supplying a wide range of printing papers
•Manufacturing - which is the business of manufacturing stationery
•Real Estate Investment
•Financial Services
The secret behind such great achievement is the natural outcome of combining three fundamentals & rooting them deep in group’s organizational culture. First, it is the belief that human capital represents the most valuable asset of all, one that should be encouraged & developed constantly.
Second, the belief in building strong long-term relationships-based on trust & respect-with business partners & customers; placing great emphasis on being extremely responsive to customers’ needs, as well as providing suitable solutions to their problems. Third, the group keeps abreast with the latest information technology & is persistently striving to update & utilize this in its various business activities.
This diversified group of companies & businesses is managed by HOSHANCO HOLDING. The company has been set up to:
•provide strategic direction to all companies in the group
•manage the risk associated / involved with each & every company
•drive, manage & optimize the performance of all companies
•offer companies financial, managerial & operational support
•direct the group