SNASCO Holdings, owned by the reputable Al Sorayai family, is expanding their assets through vehicles such as real estate, commercial and industrial trading. Once started as an interior design business, it is now the leading investment company in MENA region.
Online PR News – 05-June-2013 – Jeddah, Kingdom of Saudi Arabia – Jeddah, Kingdom of Saudi Arabia- A trusted and leading investment company in MENA region, SNASCO Holding, expands its operations in pursuit of maximizing and building sustainable returns among its clients.
SNASCO Holding is the fruit of years of diligent work, dedication, and uncompromising professional standards of the Al Sorayai family. The firm started with an interior design business providing carpets and furniture in the Kingdom of Saudi Arabia (KSA) and other GCC countries.
Equipped with exceptional skills and knowledge in realty industry, Mr.Saleh Nasser Al Sorayai, founder and chairman of SNASCO Holding, made significant strides in the business by investing in the real estate industry and other commercial ventures including asset management and merger and acquisition. Besides Mr.Saleh,SNASCO’s Vice Chairman Talal S. Al Sorayai also works to establish and create viable investments that conform to the highest international standards.His educational background and more than a decade of experience in the real estate sector are among the company’s most significant strengths in developing sustainable business and financing strategies for their clients.
Though the business started with small assets, its lucrative and innovative projects made it big in the realty industry. In 2005, SNASCO was launched as an LLC company in Sharjah, United Arab Emirates, where it unveiled its intention of developing the pioneer project, Sharjah Investment Centre. Since then, SNASCO has positioned itself as the leader in real estate development.
Besides innovative projects, SNASCO is also recognized for its effective investment strategies. Its efficiency as an asset management company has been apparent in its continuous success despite several economic downturns. Apart from residential real estate development, it also focuses on other profitable assets including education, healthcare, F&B, and hospitality services to ensure a sustainable growth of returns. Some of its most successful assets include:
- Sharjah Investment Center
- Montreal Bread Company Restaurant Franchises (MBCO)
- Al Sorayai Industrial Commercial Group
- Gulf Farabi Petrochemical Company
As a leading and trusted investment company in MENA region, SNASCO complies with intensive selection process, comprehensive studies, and thorough consultation analysis before engaging in any project. Thus, SNASCO only deals with established, well-known, and reputable companies in the region to ensure successful business undertakings. The firm specifically consider projects based on four crucial factors such as:
- Strategic locations,
- Minimal risk factors,
- High potential revenues, and
- Present and future market demands.
SNASCO Holding continuously innovates its services to cater to the needs of its clients. It fulfils its promises through advanced and strategic partnerships among local and international technical and marketing experts. At present, SNASCO has partnered with the Family Housing Development Establishment to develop a waterfront project in Oran, Algeria, the first joint venture of a private GCC developer and the Algerian state. This much-anticipated project will include office spaces, retail outlets, and approximately 2000 residential units.
Indeed, SNASCO’s humble beginnings are now a great success. It recognizes that its highly productive performance is not only attributed to the Al Sorayai family, but also to its progressive work model through the help of its highly skilled and equally dedicated people.
To know more about the most successful investment company in MENA region, visit www.snasco.com.