Yousif H Al-Hamdan Trading Co.Ltd. (YAHTco)



Yousif H Al-Hamdan Trading Co.Ltd. (YAHTco) is a private business entity established in late 1989 with a Head Office in Riyadh and branch offices in Jeddah and Al Khobar to cover the western and eastern regions of Saudi Arabia respectively.

YAHT is the parent firm for its fully owned subsidiaries:

1. House Of Measurement Trading (HOM).  specialized in weighing, measuring,industrial & traffic controls and monitoring systems and equipment. Please see HOM .


2. Dar Al Najat Medical Technology (NAJAT). Specialized in the supply and maintenance of medical and laboratory equipment. Please see NAJAT
.


3. National Al Waseet Office. the only professional brokerage office in Saudi Arabia and some Arab States specialized in facilitating the selling and acquiring of businesses for clients. It also provide daily information about announced tenders in Saudi Arabia for subscribers. Please see ALWaseet
.   
 

4- Dar-Aldaris Scientific Technology: specialized in the supply of scientific, educational, research and laboratories equipment and supplies. Please see Aldaris.

5- Dar Al-Rafeef Trading (RAFEEF): specialized in the import and distribution of household gifts items, plus most advanced consumers’ electronics products such as mobiles ,TV receivers . .etc.  Please see www.myfibo.com

 

In addition, YAHTco has a fully staffed operating division engaged in the trading and contracting in instrumentation and high technology electronic systems and equipment, in the fields of traffic, incinerators, weighing and measuring, control and automation, medical equipment...etc. The Electro-mechanical works associated with contracting are done in association with its fully owned subsidiaries HOM or NAJAT, or by organizing special qualified teams to manage and execute the works. YAHTco  is a classified Saudi contractor by Ministry Of Public Works in electronics, electrical, mechanical and building works plus medical centers maintenance.

YAHTco has been aggressively pursuing available business opportunities in the public sector, semi-government and private entities whenever and wherever any kind of equipment and products in YAHTco’s fields is required. YAHTco has concluded and executed several contracts, some of which are :

 
* Supply and installation of sophisticated classifying traffic and control (TCC) systems equipment in over 30 sites scattered all over Saudi Arabia,
for Ministry of Transportation (MOT).
 

* Operation and maintenance of  the above (TCC) systems equipment for "MOT" and road contractors.
 
* Supply and operation of a special vehicle (RST) containing the most advanced multi-function road pavement instrumentation, including laser camera detection for MOT.
 
* Supply and installation of highly sophisticated central vacuum cleaning systems in Jeddah and Dammam flour mills for Grain Silos and Flour Mills Organization (GSFMO)
 

* Supply and installation of two complete high tech computerized weighbridge stations to various government authorities including  the Grain Silos and Flour Mills Organization (GSFMO) and the General Customs Department of Ministry of Finance.


* Supply of specialized pump assemblies and related equipment for Riyadh deep water wells for Riyadh Water & Sewage Authority.
 

* Maintenance of criminology (Forensic) laboratories equipment all over Saudi Arabia for the last nine years for Ministry of Interior.
 

* Supply, installation and maintenance of most advanced traffic controllers in 72 main intersections in Jeddah plus a UTC system for Jeddah Municipality.

* Supply and installation of dynamic scales and automate and upgrade 18  weighing stations in major highways of Saudi Arabia for  Ministry of Transportation.

In undertaking all its projects, YAHTco has cooperated with reputable and well known international American, Canadian and European companies for which YAHTco has the full exclusive agency and as such, it had always tried and succeeded in marketing their equipment and services.

PROJECT DEVELOPMENT

YAHTco is also involved in ventures and projects development. Normally, a business idea is either initiated by YAHTco or by someone else, where YAHTco then undertakes the responsibility of developing and promoting it from the market study stage to full implementation stage. YAHTco is always the leading partner in such ventures and seeks other reputable businessmen to invest in these ventures as partners.

One example of most successful ventures in which Mr. Yousif Al Hamdan has become the Chairman, is the National Installment Company (Al Takseet), which was established in 1989 to provide consumers’ financing. Its turnover in 2007 has exceeded 85 million US $ . for more information about this company please visit www.tajseet.com 

To complement its activities, YAHTco has  obtained an industrial license and  established a factory “House Of Measurement Factory” to manufacture and assemble most of its imported products through technical agreements licenses with the international suppliers. The factory is producing the most advanced traffic controllers, weighing and measuring equipment and devices.

Finally, Mr. Al Hamdan is the owner and President of YAHTco. He is a graduate with both BBA and MBA from the University of Texas in Austin. He had been the Deputy Minister Of Commerce of Saudi Arabia between 1975 - 1980. He was elected for 12 years to Riyadh Chamber of Commerce and Industry and served as the Vice-Chairman till 1992.

in addition To YAHTCO and TAKSEET , Mr Al Hamdan is Also the Chairman of ALLIANZ SAUDI FRANCE INSURANCE CO ., a Saudi joint stocks company owned mainly by the European ALLIANZ insurance Group and the Saudi French Bank plus some other prominent Saudi Investor . for more information please visit www.allianzsaudifransi.com

The Executive Vice President of the group is Mr. Bader Y. Al Hamdan who has BA degree from King Saud University and some graduate studies from New Zealand plus few years experience in The Saudi Stocks Market Authority serves as Executive Vice President . Also,the group Vice President is Mr. Zuhair Sami Nihad who is US citizen with Industrial Engineering degree from University of Texas with over 25 years experience in business management in USA, Kuwait, and Lebanon.

For more information, please contact:

YOUSIF H AL-HAMDAN TRADING Co.Ltd. (YAHTco)
P.O. Box 6838
Riyadh 11452, Saudi Arabia
Phone    : (966 1) 474 0022
Fax #     : (966 1) 478 4857
E-mail    : YAHT@waseet.com

Website : http://www.waseet.com/yaht.htm

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