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ANNUAL REPORT

2015

MESSAGE FROM

THE GROUP CEO

Our Dear Shareholders,

Happy New Year to you and a new year of achievements to Al Mazaya a year in which we hope the company will

continue the march of success and prosperity.

Ladies and Gentlemen,

I am pleased to welcome you again and to extend my deepest congratulations to you on the occasion of the great

success made by your company, by the grace of Allah the Almighty. This success serves as a fresh start towards further

progress and development.

It is my pleasure during this meeting to present to you our annual report for the fiscal year which ended on December

31 st 2015; this report contains honorable and unique achievements made during a period of economic and political

fluctuations, which the company was able to overcome thanks to its strategic planning, confidence and determination

of success.

Al Mazaya Holding was able to maintain a balanced growth in profit and balance sheet through entry into new

projects, completion of ongoing projects, and the regular delivery of existing projects.

Dear Shareholders,

We have made a series of administrative, operational and financial achievements during 2015 of which we all have

the right to be proud of. At the administrative level, Al Mazaya was able to launch the CRM software in Kuwait and

Dubai, and this unprecedented step means the establishment of a direct link for all sale, rent and customer service

operations between the parent Company and its subsidiaries. The company has also activated the first phase of the

accounting system “ERP” at the group level.

Eng. Ibrahim Al Soqabi

Group CEO

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