Abdullah Al Othaim Investment Co.
Muhannad Daous is an accomplished IT Manager currently with Abdullah Al Othaim Investment Co., having transitioned from a Senior Software Engineering Manager role at Cenomi Group, where significant contributions included leading IT change management initiatives and the implementation of Oracle Fusion ERP. Previous experience encompasses senior and software developer positions at iHorizons, DATAC, Edoc Tech, and ITG, where successful projects included enhancing development efficiency, executing ERP solutions for the real estate sector, and developing large-scale governmental projects. Muhannad holds a Bachelor's degree in Computer Science from Al Albayt University and is currently pursuing further education at Zero To Mastery Academy.
Abdullah Al Othaim Investment Co.
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AOIC is one of the largest shopping mall operators in the Kingdom of Saudi Arabia and is the largest operator in secondary cities. The Company was established as a Saudi closed joint-stock company with a share capital of SAR 1,000,000,000 divided into 100,000,000 Shares with a nominal value of SAR 10 per Share. The Company aims to ensure sustainable operations and attractive profits for its shareholders through the ownership, development, and management of its malls, attracting top local and international brands. The Company offers a diversified range of mall, entertainment, retail, food and beverage, and cinema businesses. Its strategic focus on leadership in untapped areas in the Kingdom equates to the Company’s market leadership in small and medium cities, where its positioning provides a high barrier to competition, with a targeted offering in major cities. The Company benefits from a strong market ecosystem resulting in favorable capital market conditions, in parallel with supportive market dynamics and driven by Vision 2030 economic diversification initiatives. The IPO will provide an important strategic dimension to propel the Company’s growth strategy.