Chairman's Message |
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The GCC region is at a critical
point in its development. As populations grow and place ever increasing
demands on their economies so the vast capital created during this extended
period of high commodity prices must be employed to generate a sustainable
and prosperous future.
Nowhere is this more apparent
than in Saudi Arabia. With a population expected to double to 48 million
by 2025 the need for the development of jobs, homes, technology, finance,
infrastructure and other key areas is critical.
In response, the government’s
deregulation and capital investment is creating a vibrant domestic private
sector and attracting many international competitors to the market. Domestic companies, faced with such challenges, are actively seeking external resources of expertise and capital aware that these can drive their expansion plans domestically and regionally. HBG’s positive approach to private equity is ideally placed to support these companies by creating corridors of opportunity between investors that seek strategic diversification and companies at a critical stage in their development. With our formidable team of business leaders, access to substantial financial resources and our influential network of professional partners we are committed to empowering and partnering private enterprise in its goal to achieve competitive, profitable and sustainable futures. In doing so we are building enduring relationships based on mutual respect and shared ambitions and delivering consistently superior returns for our investors and shareholders. We are proud of our achievements and look forward to an even more successful future, whilst providing our shareholders and investors with consistently superior returns. - Abdallah Y. Al MouallimiHBG Chairman |