Yousif H Al-Hamdan Trading Co.Ltd. (YAHTco) is a private Saudi Arabian 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:
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, 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 YAHTcoís fields is required. YAHTco has concluded and executed several contracts, some of which are :
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.
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.
Finally, Mr. Al Hamdan is the main 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. He was the first Saudi to be elected in 1990 to the executive board of the Paris based International Chamber of Commerce. He was board member of various local and foreign organizations and forums including Saudi Industrial Fund(SIF), Saudi Standard Orgnization(SASO), Saudi Ports Autority, National Industrial Co (NIC), Riyadh Bank, General Organization for Defence Industries ,etc.
Mr. Bader Y. Al Hamdan who has BA degree from King Saud University and some graduate studies from New Zealand plus some years of 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.
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