Sawaeed Holding P.J.S.C

Sawaeed Holding P.J.S.C

AADX:SAWAEED
6.80
AED
+0.02
(+0.29%)
No data availableFinancial data will appear here once available

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Revenue

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Company Description

CEO
Hamad Saleh Ballaith
Sector
Commercial services
Industry
Personnel services
Address
Abu Dhabi United Arab Emirates
IPO Date
Jan 19, 2021
Business
Sawaeed Holding P.J.S.C. is a United Arab Emirates-based investment holding company primarily engaged in the provision of manpower outsourcing, worker accommodation management, facilities management, vocational training, and industrial catering services. Founded in 2006 and headquartered in Abu Dhabi, United Arab Emirates, the company operates across diverse commercial, industrial, governmental, infrastructure, oil and gas, manufacturing, and hospitality sectors throughout the United Arab Emirates. The company operates through four principal business segments: Manpower Outsourcing, Worker Accommodation, Facilities Management, and Training and Catering Services. Through its operating subsidiaries, including Sawaeed Employment LLC, Sawaeed Residential City LLC, Sawaeed Facilities Management LLC, and Sawaeed Training Center LLC, the company provides a comprehensive suite of workforce and operational support solutions. Its core products and services include: skilled, semi-skilled, and technical manpower supply across energy, construction, logistics, and hospitality sectors; global recruitment, end-to-end mobilization, visa processing, payroll administration, and workforce lifecycle management; master-planned worker accommodation ownership and operation, highlighted by the Sawaeed Residential City in the Industrial City of Abu Dhabi (ICAD), offering residential housing, commercial retail outlets, on-site medical clinics, recreational facilities, and security services; integrated facilities management solutions, comprising hard services such as mechanical, electrical, and plumbing (MEP) maintenance and HVAC servicing, as well as soft services including commercial cleaning, security management, pest control, and landscaping; industrial and institutional catering, encompassing centralized kitchen food preparation, mess hall operations, and contract food service delivery; and certified vocational training, technical upskilling, language instruction, and occupational health, safety, and environment (HSE) qualification programs. In recent strategic developments, Sawaeed Holding has accelerated its portfolio diversification strategy by expanding into high-demand technical, white-collar, and specialized staffing sectors, thereby broadening its revenue base beyond traditional civil construction labor. The company has implemented enterprise-wide digital transformation initiatives across its recruitment, talent deployment, and workforce management platforms to enhance operational efficiency and regulatory compliance with UAE Ministry of Human Resources and Emiratisation (MoHRE) standards. Across its property and accommodation portfolio, Sawaeed has undertaken major infrastructure modernization and sustainability upgrades at Sawaeed Residential City, incorporating energy-efficiency measures, community welfare enhancements, and smart facility management technologies. In addition, the organization has expanded its facilities management and corporate catering operations through new long-term service contracts with government, healthcare, and industrial entities across Abu Dhabi, while forming strategic training alliances with accredited vocational institutions to deliver specialized technical certifications.