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ABOUT SAVOLA
At Savola, we know who we are and we know what we are doing.
We are the leading strategic investment holding group in the food and retail sectors across the MENA (Middle East, North Africa) region. We are proud of our Saudi heritage, our current international presence and the ethical business model that sets us apart. We think that companies perform best when they play to their strengths. For us, this means focusing our resources on building a strong portfolio of assets in the food and retail sectors. Through companies under our two entities, Savola Foods and Savola Retail, we now operate large numbers of grocery stores and produce everyday household staples loved by consumers in 50 countries. Our profits also come from stakes we hold in other companies in our core sectors and other industries.
Our Vision and Mission
Companies continue and thrive when they have a clear plan, vision, and defined goals. Savola Group aims to empower, inspire, and provide strategic guidance to our companies, partners, customers, and employees through supportive programs and core values.
Our goal is to add value to investors, employees, and the community as a whole.
Savola's mission is to make a positive impact on society, achieve profits, and drive growth through strategic investments in the Middle East and North Africa region. Savola distinguishes itself by its unparalleled ability to perform this role due to its unique specialized expertise in its field of work and a remarkable track record of achievements, in addition to its outstanding position in the market.
Our objective is to gradually move towards a new model that grants our companies and brands a higher degree of independence. We can achieve this by providing strategic guidance and specialized expertise to our companies, enabling them to grow and succeed on their own. Then, they can focus on developing marketing plans for products and brands to enhance consumer loyalty in each country.
Steady steps guided by values shape our path.
Ethical principles, including integrity, piety, righteousness, and striving, are the working approach that Savola follows. These values have been our companions since the beginning, and they will always remain as a guiding light that never fades.
For this reason, our track record has been crowned by achieving the fourth position among the best companies in terms of disclosure and transparency in the Middle East and North Africa, according to the Standard & Poor's Dow Jones Indices
and Governance Institute.
Our Corporate Values
Our values underpin everything we do, they are a blueprint for concrete actions we take as individuals, as a team and as a company, every day.
Personal Values
Tawado: Confident humility: Having the confidence to perform our responsibilities while having the humility to minimize our ego
It’qan: Relentless pursuit of perfection: The ability, willingness, desire and intention to do our best to make sure work is completed to the best standards.
Azm: Fierce resolve: Apply what we learn to improve ourselves
Iq’tida: Apprenticeship: To seek out, interact with and learn from those who are more knowledgeable than us
Group Values
Ihsan Al-Dhan: Trusting: Trusting others’ intentions without doubting them
Mu’azarah: Caring: Provide support to our colleagues to help enable their success
Qabool: Acceptance: Endure the views of others by going beyond tolerance or acceptance
Iq’bal: Approaching: Improve what we do by using what we have learned from the interaction with others
Corporate Values
Taqwa: Conscientiousness: Fulfillment of our responsibility toward external parties
Amanah: Honesty: Fulfillment of our responsibilities toward investors
Mujahadah: Personal control: Achieving the personal discipline necessary to fulfill our responsibilities
Birr: Caring justice: Fulfillment of our responsibility toward our colleagues and the employees of the company
