Welcome to Al Qasr Company

Since the inception of AL-Qasr for Development and Commercial Investment Company (QDIC),which is owned by the sons and daughters of Muhammad bin Suleiman Alnamlah, may God have mercy on him, as a closed joint stock company that is related to the mother company Amnest Group ; we have been keen to be the trading and investment arm of the partners and investors in order to achieve the best financial and investment returns for them through our accumulated experiences and the efforts of our work teams whom are still contributing In the continuation of our successes and the expansion of our companies. We work with our strategic partners in various economical, industrial, commercial, services and in other sectors to support and strengthen the edifice of this company with all its components and capabilities to achieve its goals and aspirations for a promising and sustainable future. We have the confidence in the dedication, capability, and relentless pursuit of our staff to achieve what we aspired to be. Thanks, God bless you all.

Here we are working with our partners to achieve the goals and build an ambitious and effective team to build this edifice for our future and for our generations.

Board Chairman
Eng / Abdulaziz bin Mohammed Al-Namlah
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Vision

Achieving leadership and distinction to be at the forefront of commercial and investment companies operating locally and internationally, Developing the company's capital with its distinguished investments and services in the sectors of industry, Trade and Advanced Business Technology, as well as Creating new investment opportunities based on its deep experiences in the markets, and adopting basic values of Efficiency, Transparency and Integrity.

Message

To be in the ranks of the leading investment companies and achieve profitability ratios and growth in property rights that exceed the investment indicators in the market An investment company with solid administrative and financial foundations that guarantee, after God’s success, that owners ’investments can be managed efficiently and feasibly and by achieving the following:

Mission

Creating pioneering initiatives and strategies in trade and investment sectors, as well as converting challenges into great opportunities, which guarantee success for all stakeholders towards a sustainable world; and through adopting distinctive spirit in everything we do to place ourselves in the forefront via utilizing the vast experiences of our employees.

Building strategic partnerships with high-performing companies that have remarkable reputations and brands.

Creating investment opportunities and new ideas for materialization.

Optimizing the company’s financial investment of its assets, and increasing its market shares in all sectors.

Acquiring and representing renowned international agencies in Kingdom of Saudi Arabia and in GCC region.

Investing in the industries of advanced technologies and the electromechanical business industries through localizing them in the Kingdom of Saudi Arabia.

Sectors

Industrial and the industry of advanced business technologies sectors

Al Qasr Company for Development and Commercial Investment (QDIC) is working to make the diversity of investment fields an option to build its strong and distinct edifice. Therefore, it has tended to invest in the industrial and the industry of advanced business technologies sectors, as a one of the sectors that attracted the interest of investors, as a one vibrant and diversified sector that brings them a good financial benefit in the medium and long term.

Accordingly, the company has established strategic partnerships with many distinguished companies such as MEFC and MESC with its two branches in the Kingdom and the United Arab Emirates, also with Amnestgroup and others. The board of directors for all of these companies are chaired by Eng. Abdelaziz bin Mohammed Alnamlah.

Through Believing in the necessity to localize the advanced business technologies industry, the company has recently established an important strategic partnership with the Telnet Holding Group by launching a unified entity in Riyadh under the name Telnet Arabia to work in the industry of advanced business technologies.

The company also took the initiative to establish an academy for technology and vocational training in order to provide and preparing local cadres with appropriate qualifications in the field of business technology industry and to localize it in lined with the Saudi Vision 2030.

Electrical Power Sector

Al-Qasr Company for Development and Commercial Investment strives through its expert cadres in the Electrical power Department to provide electromechanical services to partners and customers especially in:

  • Medium and Low Voltage cables pulling works.
  • Jointing and Termination works for MV and LV cables.
  • Low current Cables works (pulling, Jointing, Terminations).
  • Cable accessories works.
  • Electrical and Low Current works for buildings.
  • Infrastructures electrical works execution.
  • Electrical protection works, especially from lightning and overvoltage effects.
  • Sustainable Energy projects Works.

Real estate investment and development sector

Given that Al Qasr Company for Development and Commercial Investment realizes the importance of the investment in real estate development sector and its fields as a fundamental pillar in the portfolio of commercial investment, the company strives through the expertise of its team members to invest in the promising and the distinctive opportunities to obtain effective investment solutions in this sector in KSA, Middle East and Europe, in order to achieve financial returns and to expand the company’s properties and assets.

Board of Chairman Members

 

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Eng. Ahmed Al-Namlah

Vice chairman of the board

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Eng. Sulieman Al-Namlah

Member of the Board

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Dr. Abdullah Al-Namlah

Managing Director

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Mr / Salem Bawazir

Chief Executive Officer

News

Al Qasr Company for Development and Commercial Investment & Telnet Holding Company have Launched its New Entity in Saudi Arabia under the Name Telnet – Arabia Company.

25/10/2020

As a result of the joint technical cooperation that lasted for years between Telnet Holding Group; which was founded and managed by Mr. Muhammad Al-Fraikha; and the Middle East Fiber Cable Manufacturing Company of Al Qasr Company for Development and Commercial Investment, who's its board of directors is chaired by Eng. Abdelaziz bin Muhammad Al Namlah It was decided to raise the level of cooperation to a partnership between the two groups by establishing a unified entity based in Riyadh under the name of Telnet – Arabia.

The business line of the Company will be in the field of modern technologies such as terrestrial communication networks, communication via space, satellites and unmanned aerial planes (Drone). These activities will be directed to the Saudi market within the scope of the Vision 2030 project, as well as to the Middle Eastern region.

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The Telnet Holding Group has nearly 500 engineers, it was listed on the Tunisian Stock Exchange as the first company working in the field of high technologies.

Talent Holding Group is experienced in electronics and software for the fields of Aerospace, Drone aviation, Car electronics, Smart cards, and Multimedia. Talent Holding Group is preparing to launch its first Tunisian nano-satellite via the Russian Soyuz 2 spacecraft. Telnet Holding is a global company with several branches in France, Germany and the United States of America.

Al Qasr Company for Development and Commercial Investment (QDIC) is a closed joint stock company that is related to mother company; Amnest Group; the headquarter is located in Riyadh - Kingdom of Saudi Arabia, owned by the sons and daughters of Muhammad bin Suleiman Al Namlah, may God have mercy on him.

QDIC, intends to expand and increase its experience through its initial investment in the field of high technology represented by the Middle East Fiber Cable Manufacturing Company, the leading company in its fields in the Middle East and North Africa.

Signing MoUs with Group of Global Companies for Exclusive Agency in Electrical Accessories and Protection Technologies

16/06/2020

The company recently signed in initials with one of the international companies working in the field of protection from the dangers of lightning and their catastrophic effects on establishments and people, to work with its products by obtaining its exclusive agency in the Kingdom, and it is currently being rehabilitated by the competent authorities, at the same time that an understanding is made with it to sign the agreement Final.

The company is also currently preparing to sign with another international company that deals with the products of detecting and measuring the presence of tensions in the phases of the electrical network, as well as grounding devices, to obtain its exclusive agency in the Kingdom.

Connect with us..

7721 King Abdulaziz Road, King Abdulaziz District, Unit No. 555, Riyadh 3957 12233, Kingdom of Saudi Arabia

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Industrial

Investment

Strategic Partnerships

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