SHOAIBI GROUP

Spotlight

Diversification Strategy

 

Contents

Diversification Strategy

 

The Shoaibi Group has built strong foundations for growth through its successful history of partnering with blue chip international companies in the Oil and Gas sector. However, it recognises the importance of diversifying its business portfolio and is actively pursuing additional lines of business that are different from its current products, services and markets, but possesses strong fundamentals. The strategic focus for new investment for the group is as follows:

  • Education,Recruitment & Training
  • Food Retail
  • Healthcare
  • Renewable Energy

The Shoaibi Group seeks to maintain its successful growth cycle of the last 15 years, with a more diversified partner and customer base. This strategic diversification can be seen through its current investments in the Telecommunications, Power & Water, Property Development and Building sectors but this will continue to grow as the business looks to expand aggressively within a growing Saudi market and across the GCC.