Chairman's Message

Dear Stakeholders,

Allow me with a great pleasure to express my sincere thanks and appreciation to our esteemed clients, shareholders, and company staff who have positively contributed to the dynamic growth and development of Al Mahd Investment Company WLL as it faces new challenges in the future.

Over the past years, the mission of Al Mahd Investment Company WLL was and will always be to serve the needs of our clients by providing products and services of the highest standard. We aim to maintain steady growth and achieve a competitive position while implementing the best technological applications. We also seek to successfully execute strategic and innovative initiatives. Over the last few months, the industry has witnessed a beating as the global financial crisis negatively affected the worthiness of investment products. In turn, this has led to a downturn of investment activity. Some of the most reputable and established firms in the banking and investment industry also have either merged or went out of business. However, Al Mahd Investment Company WLL , with its dynamic team of quality individuals, will carry forward and tap into the collective strength of our team. We will adapt accordingly to new realities in the market and economic climate. Yet, our ambition is as passionate as ever and we will continue to move ahead.

Our first task is to lay the groundwork to build up our company with strong and capable individuals supported by state of the art technology. The results of this effort led us to winning approval from the Capital Market Authority in August 18, 2008 to begin operations. Thereafter, we continued with momentum and received commencement approval from Tadawul to operate our brokerage business as well as the green light from the CMA to function as an agent.

In every aspect, the foundation of Al Mahd Investment Company WLL is based on the principles of excellence and integrity. Our reputation will grow so that it reflects our utmost performance and commitment to clients. Al Mahd Investment Company WLL remains unyielding to actively contribute to the economic growth and advancement of the Kingdom by providing world-class investments, industry best practices, and the soundest services and management performance.

Finally, I want to take the opportunity to pledge that we will maintain and constantly improve our standard of excellence. Together, we will make Al Mahd Investment Company WLL the pride of all of us.

Mansour Ahmed Al Mahd
Chairman & CEO