Abdul Rahman Al Hammad

Sheikh Dr. Muhammad Abdul Rahman Obeid Abdulrahman Al Hammad (Arabic: الشيخ الدكتور محمد عبد الرحمن عبيد عبدالرحمن الحماد) is a Saudi Arabian businessman, co-owner of Al Bayan Holding Group,[1] Aloula Geojit and 20 other organizations in Saudi Arabia and the Gulf Cooperation Council.

Sheikh

Dr. Muhammad Abdul Rahman Obeid Abdulrahman Al Hammad

الشيخ الدكتور محمد عبد الرحمن عبيد عبدالرحمن الحماد
Born1970 (age 50–51)
NationalitySaudi Arabian
Citizenship Saudi Arabia
Alma materUniversity of Brighton, Brighton
OrganizationAl Bayan Holding Group, Riyadh Aloula Geojit Company, Riyadh
StyleSheikh

Education

Al Hammad has pursued PhD and master's degree in Business Administration in 2003[2] from University of Brighton, Brighton, United Kingdom.[3]

Business career

Al Bayan Holding Group
Main article: Al Bayan Holding Group

Al Hammad is the co-owner with 24.5%[4] stake in Al Bayan Holding Group, a conglomerate headquartered in Riyadh, Saudi Arabia along with branched in Kuwait City, Kuwait.

Vice Chairman of Saudi Cooperative Societies Council

In 2015, Saudi Gazette as well as Arab News informed that Al Hammad was appointed as the Vice Chairman of Saudi Cooperative Societies Council on 22 November 2014[5] by Prince Saud bin Salman bin Abdulaziz al Saud.

Comments

83rd Saudi National Day
Further information: Saudi National Day

Al Jazirah in 2013 published official statements of Dr Al Hammad on his praising of Saudi Arabia, King Abdullah Al Saud at the eve of 83rd Saudi National Day.[6]

2009 Chinese President Hu Jintao's visit to Saudi Arabia

Al Hammad also commented on the 2009 visit of the then Chinese President Hu Jintao to Saudi Arabia upon being invited by King Abdullah Al Saud. His comments were published by Al Riyadh.[7]

Turki Al Sudairi's election as Chairman of General Assembly of the Journalists' Council

He also commented on Prince Turki Al Sudairi's election as Chairman of the General Assembly of the Journalists' Council in Al Riyadh in 2012.[8]

Prince Muqrin bin Abdul Aziz's appointment as Deputy Crown Prince of Saudi Arabia

On May 27, 2014, King Abdullah Al Saud appointed Prince Muqrin bin Abdulaziz as the Deputy Crown Prince of Saudi Arabia in which Abdul Rahman Al Hammad commented on Okaz:[9]

2017 Crisis

In March 2017, Malaysia's The Star reported that Malaysian RAM Rating Services of RAM Holdings Berhad, Kuala Lumpur suspended the rating of the RM1bil Sukuk Wakalah (2013/2023) issued by Al Bayan Holding Company following the group's failure to meet certain obligations under RAM's rating mandate. This resulted the escalation of Al Bayan's financial crisis.[10]

“We were unable to contact Al Bayan and seek a satisfactory resolution of outstanding matters.”  ― RAM

After the suspension of RAM ratings, it was reported that many firms started to withdrew their contracts and agreements with Al Bayan Holding Group, indicating that there is a financial crisis undergoing in Al Bayan.

2017 Anti-Corruption Drive

It was reported that the Saudi government arrested co-owners of Al Bayan Holding Group in November 2017, including Dr. Abdul Rahman Al Hammad, following Crown Prince Muhammad bin Salman's launch of 2017 Anti-Corruption Drive. However, these suspicions and allegations didn't appeared in the local press of Saudi Arabia.

Social Media Outrage

In December 2017, an Egyptian expatriate calling himself as an employee of Al Bayan Holding Group uploaded a video on YouTube where he explained about his mental harassment in the firm via the four co-owners. He also requested the arrest of co-owners and clearance of his dues through intervention of King Salman Al Saud[11] The same person uploaded a video in late December 2017 or early January 2018 where he records a footage through his mobile phone in which he shows a group of stranded employees of DNGO Contracting Company and Nahdaat Al Emaar, the two subsidiaries of Al Bayan Holding Group without their dues and salaries calling for justice.[12]

In early January 2017, an person informing himself as an engineer assigned at Al Bayan Holding Group recorded a footage via his mobile phone and later uploaded it on YouTube. In the video, he had shown that employees holding banners are on strike against the firm as some of them didn't receive their dues and salaries from the past 13 months.[13] The same engineer uploaded a video in the same month of January where he shows stranded expatriates who didn't received their salaries for more than six months on strike against the firm at the Al Bayan's project site in 'Asir Region.[14]

Another expatriate in Al Bayan Holding Group uploaded a video on YouTube in February 2018 requesting justice from King Salman Al Saud and Crown Prince Muhammad bin Salman Al Saud after he didn't received his salary for more than 12 months.[15]

See also

References
  1. "شركة البيان القابضة تطرح استراتيجيات عمل لمؤسسات القطاع الخاص لتحقيق أهدافها,". archive.aawsat.com. Retrieved 2018-09-19.
  2. "Al-jazirah". www.al-jazirah.com. Retrieved 2018-10-01.
  3. "Bios of prominent people and decision makers in Arabia". Dhow Net. Retrieved 2018-09-27.
  4. "Abdulrahman Obeid Abdulrahman Al Hammad | Saudi Arabia | Decypha". www.decypha.com. Retrieved 2018-09-21.
  5. "Al-Hammad urges creation of more Saudi cooperative societies". Saudigazette. 2015-12-24. Retrieved 2018-09-18.
  6. "اليوم الوطني وحصاد المنجزات السنوي". www.al-jazirah.com. Retrieved 2018-09-27.
  7. "الحماد يشيد بالنتائج الإيجابية لزيارة الرئيس الصيني للمملكة". جريدة الرياض (in Arabic). Retrieved 2018-09-27.
  8. "لازلتم أهلاً وكفئاً لكل ثقة وتأكيد على تقدير الصحفيين لخبرتكم العريقة ومكانتكم المرموقة". جريدة الرياض (in Arabic). Retrieved 2018-09-27.
  9. "الأمير مقرن رجل دولة وصاحب مسيرة وعطاء". Okaz (in Arabic). 2014-05-28. Archived from the original on 2020-01-01. Retrieved 2018-10-02.
  10. "RAM Ratings suspends rating of Al Bayan's RM1b Sukuk - Business News | The Star Online". www.thestar.com.my. Retrieved 2018-09-18.
  11. Medhat Bogee (2017-11-27), استغاثة العاملين بشركة مجموعة البيان القابضة بالرياض, retrieved 2018-09-18
  12. Medhat Bogee (2017-11-28), تكملة للاستغاثة للعاملين بشركة مجموعة البيان القابضة دونجو ونهضة الاعمار للمقاولات, retrieved 2018-09-19
  13. Engr.Sherief.Ahmed (2018-01-09), اعتصام موظفين مجموعة البيان القابضة بادارة الشركة بالعليا والشركة تطلب الشرطة للموظفين, retrieved 2018-09-18
  14. Engr.Sherief.Ahmed (2018-01-09), اعتصام عمال مجموعة البيان القابضة مشاريع عسير, retrieved 2018-09-21
  15. hamada Mostafa (2018-02-03), مجموعه البيان القابضه للمقاولات وتأخر رواتب سنه كامله, retrieved 2018-09-18
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