Page 8 - AnnualReport-2021-EN

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Dear Sisters and Brothers, represented in “Mazaya 6” project in and innovation in providing unique
During the past year, we have exerted Salmiya area, along the Gulf Road products in order to achieve the
our best efforts to avoid and overcome directly, which consists of two towers objectives and aspirations of our
the challenges, changes and negative of a height amounting to 26 floors of valuable shareholders and clients.
impacts which the markets of the diversified areas and modern designs,
region underwent as a result of the and “Mazaya 7” project in a strategic Peace, mercy and blessings of God, Message from Group CEO
implications of the spread of Covid location in Jahra area, of a height of
19 pandemic, armed with a number 13 floors, which includes a selection
of alternative strategies and plans, of doctors of different specializations.
through which we reached a more
stable and safer level. • The Company was able to structure
the loans with the majority of banks
We may say that we were able to with which it works, by transferring
realize good operational revenues medium term loans into long term
despite the surrounding conditions, loans.
in which we had to take firm and
influential decisions at the same • The Company started the
time, based on the directives of development of a healthcare
the Company's board of directors, application “Slamtk”, which includes
and the efforts of the executive integrated medical services that
management and specialized teams. fullfill all the needs and requirements
of doctors and patients alike.

• Mazaya Company fostered its real
My Sisters and Brothers, estate portfolio through one of its
The Company exerted a great effort to subsidiary companies’ signing of
maximize the benefit from its expertise third party real estate management
and projects under its umbrella in the contract, as part of Mazaya’s plan to
healthcare sector, in the form which diversify the sources of income.
promotes the optimum utilization of
the available and income yielding • Mazaya promoted the rental
opportunities. The Company entered incomes from its currently existing
in new projects without the need to and fully occupied projects, by
inject significant capitals, similar renewing the lease contracts with
to “Mazaya 6” and “Mazaya 7” clients by a percentage which is in
projects, in continuation of the series line with the prevailing market rates
of Mazaya specialized projects in and the services provided by the Real
this significant and vital medical Estate Department in the Company,
real estate sector, and endeavour which reflected on increasing the
to realize rewarding returns for the operational revenues resulting from
Company. the rental operations.

On this basis, I’m pleased to present
to you a number of the Company’s Our Valuable Shareholders:
achievements during 2021: Hoping to meet with you next
year, God willing, I reiterate my
• Incorporation of the Med Cell appreciation for your trust in us.
Medical Company, as a subsidiary of Further, we promise you to continue
Mazaya Holding Group, specialized working for achieving the awaited
in healthcare objectives, which growth for Mazaya Company
include the incorporation of medical and safeguard the equities and
clinics, laboratories, x-ray and contribution in the progress and
everything relevant to this sector. development of your Company
• The Company entered new towards the best in order to achieve
projects within the healthcare sector, Mazaya’s vision aimed at leadership