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Saudi Real Estate Company Building for a Brighter Future

For nearly half a century, Al Habib has been behind the burgeoning development of Saudi Arabia’s residential communities and commercial projects, including some of the kingdom’s most iconic shopping malls, markets and high-rise towers. After already investing in over 50 million square meters of properties, its vision is to become one of the big three real-estate investment companies in the region.


Al Habib Real Estate

Company

Mohammad Al Habib Real Estate Company

Location

Riyadh, Saudi Arabia

Industry

Real Estate Development

EMPLOYEES

220

NUMBER OF SUBSIDIARIES

20

NUMBER OF COUNTRIES

4 (KSA, UAE, UK and Turkey)

SYSTEM REPLACED

Microsoft Great Plains

OTHER SOLUTION CONSIDERED

SAP

NETSUITE PRODUCT IMPLEMENTED

NetSuite One World

IMPLEMENTATION PARTNER

Trustangle

Location

Saudi Arabia


“NetSuite offers a very user-friendly interface compared to rival ERP solutions and has proven to be easy to deploy, flexible and good value.” Mohammad El Sawy, IT Manager, Mohammad Al Habib Real Estate

Investing for Change in Saudi Arabia

Sky-high growth
The real estate company has almost doubled in size in one year, increasing profits 131%. It’s forging ahead with another four major building projects, including the $1 billion Al Jawhara Mall in Jeddah.
Breaking records and crossing borders
With employees, suppliers and customers spread throughout Saudi Arabia, the UAE and the UK, it made sense to move to a cloud-based ERP solution. Using implementation partner, Trustangle, helped make record time of deploying NetSuite across six subsidiaries in just four months.
Broad appeal
Now, everyone—from finance to sales and human resources—can create reports for management in a matter of minutes, giving details on sales leads, KPIs and project deadlines. Auditors at KPMG have also found extracting information far easier.
Building bridges
Al Habib will extend NetSuite in the UAE and Turkey, so that all its subsidiaries and staff will benefit from using the same processes and systems. Increased use of advanced financial and supply chain modules is also in the cards.
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