Al Othman Holding Companies include: Nada, Takween, IMCO, Gotech, USG, Al Mohamadia Compound, Nada International School, CET, SSBS, AMO & Partners Engineering Co, RAVSCO, Kempinski Al Othman Hotel, FDLC, Al Othman Travel & Tours, Al Othman Office Tower and Al Othman Wood Industries, and MOC.
With “every sip counts” as their motto, it’s no wonder Nada has rapidly grown into success. Throughout the years, Nada has managed to produce the best dairy products that are made with 100% fresh milk. Currently, they have 20,000 cows on their farm and believe that the well-being of their cows is an essential factor to monitoring the quality of the dairy products produced. With Al Othman’s plans of diversifying and expanding, the second generation of Al Othman’s journey began when there was an industrial expansion within the company. It was then that, Sheikh Mohammed’s son, Abdulmohsen, has joined the establishment as a CEO, alongside his brothers to add on new projects and businesses. Thus, it was the appropriate time to create “Al Othman Holding Company,”
which included the several businesses that Al Othman Company owns, under one umbrella. Consequently, Al Othman has turned into this well-established dynasty that we know of today. We had the pleasure of sitting with Mr. Abdulmohsen, and asking him how his day, as a CEO, looks like. “I start really early in the morning. I am normally at the office around 6:30 or 7 am.” He starts his day with reading the latest news then moves on to checking his emails. “It is best to start work early in the morning, to start fresh” From 9 am onwards, he begins his meetings internally, and later takes a small half an hour break for lunch. When the workday is over, he heads back home to spend time with family “and I try to do some sports.” Occasionally, he would go out for social or business dinners. Finally, “I watch the news first, then sleep as early as possible if I can.” Additionally, Mr. Abdulmohsen shared with us important information regarding stepping into a business within the food industry. He applauds the younger generation for becoming very enthusiastic about operating businesses within the food industry. However, being enthusiastic about a business idea is not enough to achieve a successful business model.
“My first advice is to ensure that you pay attention and carefully study every move you make before starting a business.” It may take longer than a year to execute a business idea if an individual doesn’t do enough research. Consequently, his second advice was to spend the right amount of time with collecting all the necessary information through research. “The area and location of the business, in addition to knowing the current market’s needs, are essential factors when going into the food business industry. And finally, move smart.” Each person deals with their work life and the pressures that they face daily, differently. “Challenges are always my motivation. The more I am faced with challenges or difficulties within the work place, the more it is exciting for me to tackle on more tasks”. Mr. Abdulmohsen explained. Al Othman Holding Company holds various businesses within that are wildly diversified. From a strategic point of view, they are currently in the process of grouping these many businesses under subumbrellas (anchors), and food is one of them, in addition to the oil and gas industry. Location: Al-Othman Office Towers, King Saud Rd., Khobar Web: al-othman.com DESTINATIONKSA.COM 15