Arrows when apart are fragile
but bound together are unbreakable
A saying attributed to Ma’n ibn Za’ida, an 8th-century Arab general.
As man of vision Sheikh Saud Al Qassemi was one of the pillars in the development of the Emirate of Sharjah along with the Royal Family. A visionary businessman, he spotted an opportunity in the construction industry and was one of the pioneers in developing the skyline of Sharjah.
After spending his formative years in India and Kuwait, Sheikh Saud Al Qassemi moved back to Kuwait education office in the 1960’s. Following his visionary zeal, and a strong belief in the idea of ‘Tawajud’ or presence in many areas, he entered the real estate market, moved into retail and finally become a respected investor in the stock market.
A respected business leader, Sheikh Saud Al Qassemi has been associated as the founding member of numerous prestigious companies and banking institutions in the UAE including Emaar, Al Zahra Hospital, First Gulf Bank and National Bank of Umm Al Quwain to name a few. Sheikh Saud Al Qassemi was also a man of many interests.
Besides being a great lover of literature and poetry, he was also an avid Boy Scout. In fact, one of the most treasured moments in his life was when he personally worked with Sir Baden Powell, founder of the world scout movement. He had two other big passions. One was travel, to pursue which he had been to most parts of the world. The other was supporting charitable causes. An area where he will be fondly remembered for the numerous orphanages and schools he supported in his lifetime and which continue to be supported in his name today.
INVESTMENT GUIDELINES
NO NEW BANK ACCOUNTS
NO IPOS
NO STRUCTURED PRODUCTS
NO FUNDS – PERIOD
NO LEVERAGING
NO PRIVATE EQUITY
NO LIFETIME OPPORTUNITIES
NO FINANCIAL FORECASTING
NO CURRENCIES
Like digging small canals that flow into a larger river, my investment policy entails making small investments in a variety of firms
–
A saying attributed to the late Sheikh Saoud bin Khalid, founder of Al Saud Company
OUR SOCIAL RESPONSIBILITY
SHEIKH SAUD DONATED 10 ITEMS TO THE SHARJAH MUSEUM OF ISLAMIC CIVILIZATION
SHEIKH SAUD BIN KHALID BIN KHALID ALQASSEMI CHAIR IN FAMILY BUSINESS IN AUS
AMMAR BIN YASER MOSQUE IN SHARJAH, AL RIQA SUBURB
SCHOOLS, ORPHANAGES AND MOSQUES GLOBALLY
