"LEADERS OF SAUDI ARABIA"

Newsweek US and INTL, June 2024 , US & World Edition & Newsweek.com

INTERVIEW TOPICS
Mr. Meshal Mohammed Nasser Al Kathiri
CEO , AL KHATHIRI Holding

Saudi Arabia’s economy is booming, unemployment is at a record low, the output gap is closed, inflation is
contained, and fiscal and external buffers have been rebuilt. The continuation of Vision 2030 reforms has
helped advance the country’s economic diversification agenda, including through reduced reliance on
oil.What are the biggest challenges and opportunities that lie ahead in order to achieve the Kingdom’s
vision 2030goals?

Established in 2008 as a start-up with a small workforce and capital of SAR 90,000 Al Kathiri Holding has
grown its operations and has become a key player in the region’s industrial, construction and real estate
sector. It has a heritage as a successful enterprise in Saudi Arabia with a proven track record of reacting to
economic and market changes. What foundational principles have propelled the company to sustained
success?Additionally, how does the company evaluate new sectors for potential investment or expansion?"

The global modular construction market size is projected to grow from USD 85.4 billion in 2020 to
USD 107.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.7%. Rising construction
activities in the Kingdom of Saudi Arabia and increasing inclination towards sustainable construction
methods are increasing the reliance on modern construction techniques, subsequently creating growth
opportunities for modular construction . How is Al Kathri planning to take advantage of this scenario and
maintain leadership?

Innovation and Technological Integration: Innovation and technology play crucial roles in staying
competitive in today’s fast-paced market environments. Could you discuss the initiatives Al Kathiri Holding has
undertaken or plans to undertake to integrate cutting-edge technologies and innovative practices within your
operations and product offerings? How do these initiatives align with the company’s long-term goals?"

Sustainability and Corporate Social Responsibility (CSR)Sustainability and CSR are increasingly
becoming vital components for businesses worldwide. How is Al Kathiri Holding addressing these areas, and
what specific strategies are being implemented to ensure the company's operations are environmentally friendly
and socially responsible? Additionally, how do you measure the impact of these initiatives?"

Leadership and Corporate Culture: Leadership style and corporate culture significantly influence a
company's success and employee satisfaction. Can you provide insights into the leadership philosophies you
uphold within Al Kathiri Holding and how they translate into the company's culture? How do you ensure these
values are instilled across all levels of the organization, and what impact has this had on the company's
performance and employee engagement?"

Human Capital: Leveraging a company’s greatest asset. How is AL KATHIRI HOLDING creating an
ecosystem for finding talent and allowing it to thrive?

The annual trade between the United States and Saudi Arabia reached a value of USD 20 billion by the end
of 2021. Economic ties between these two nations are undergoing diversification, with significant American
investments establishing Saudi Arabia as a key regional ally. These investments encompass various sectors,
including industry, shipping, real estate, and finance.
- AL KATHIRI & the United States: Forging alliances in investment, conducting commercial
research, and facilitating the transfer of technology with American firms and investors.

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