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1950

Establishment of the first modern bookshop in Saudi Arabia – Dabbous Stores in Jeddah.

1961

Dabbous established a second bookshop in Riyadh, and Mohammed Khazindar agreed to buy the other partners shares in the company.

 
1965

Mr. Abid Khazindar (a scholar and author) joined the business bringing with him a sound academic and literary knowledge, which enabled him to further develop and re-organize the business, changing its name to Al Khazindar Distributing Est.

 
1970

Mr. Hassan Khazindar (previously Director of Broadcasting Radio Jeddah) joined the company.

 
1975

Followed by Mr. Suhail Khazindar on completion of his higher education from USA.

 

Mr. Suhail Khazindar –Managing Director
Mr. Suhail Khazindar is a Saudi National and a leading businessman in the Kingdom of Saudi Arabia. He holds a Masters Degree in Social Sciences & Communication from University of California, USA. After retirement of Mr. Abid and Hassan Khazindar, Mr. Suhail Khazindar is a Managing Director of the Company.

NOW

Mr. Suhail Khazindar has developed throughout the years, contacts and relationship with prominent personalities in the Kingdom. He is a well known figure within the business community and a dynamic and effective entrepreneur with outstanding public relation abilities.

Mr. Suhail Khazindar with his vast experience in Business administration involves himself in the company's business activities. This is really a very big advantage for the staff to have their Managing Director working together with them.

 

Khazindar Est. is regarded as the pioneer of the magazines and newspapers distribution business in Saudi Arabia and as such has firmly established itself, by the grace of Allah the Almighty, as the largest and best known distribution company in the Kingdom.

For the future the company is committed to expanding its business and related activities to form a group of companies throughout the Kingdom of Saudi Arabia.


 

BY SHEIKH MOHAMMED ALI KHAZINDAR – FOUNDER 1967


The History of Al Khazindar Distributing Establishment goes back to 1950 with the establishment of the first modern bookshop in Saudi Arabia – Dabbous Stores in Jeddah.

The first bookshop was a partnership between Mohammed Ali Khazindar the present owner and Chairman of Al Khazindar Distributing Establishment, the Dabbous Family and one other Saudi.

At the time commercial activities in Jeddah and elsewhere in the Kingdom were either limited or non-existent and Dabbous Stores was among the first 200 firms to be registered in Saudi Arabia. The history of Al Khazindar Establishment is therefore closely tied to the development of commercial activity in the Kingdom.

Later on Dabbous established a second bookshop in Riyadh and in 1961 Mohammed Khazindar agreed to buy the other partners shares in the company.

Mohammed Khazindar’s experience and expertise in the business enabled him to rationalise and re-organise the company’s activities bring in qualified key personnel to assist him. At the same time offers were made to other members of the Khazindar family who were working in senior positions throughout the Kingdom.

In 1965 Abid Khazindar joined the business bringing with him a sound literary background, which enabled him to further develop and re-organise the business, changing its name to Al Khazindar Distributing Est.

In1970 Mr. Hassan Khazindar (Previously Director of Broadcasting Radio Jeddah) joined the company and was followed by Mr. Suhail Khazindar who joined Khazindar Est. in 1975.

Since the mid ‘60s Khazindar has concentrated on establishing an elaborate and integrated distribution system based on a network of centres, branches and sub-distributors throughout the Kingdom of Saudi Arabia. As a result, early business relationships with W. H. Smith of the United Kingdom and the International Herald Tribune have developed into a situation where most publishers and suppliers of leading newspapers, magazines and books have appointed Khazindar Est. as their sole agent in the Kingdom.

Khazindar Est. is regarded as the pioneer of the magazines and newspapers distribution business in Saudi Arabia and as such has firmly established itself, by the grace of Allah the Almighty, as the largest and best known distribution company in the Kingdom.

For the future the company is committed to expanding its business and related activities to form a group of companies throughout the Kingdom of Saudi Arabia.

 

KHAZINDAR ESTABLISHMENT - ACTIVITIES

Al Khazindar Distributing Establishment is a Saudi Ministry of Information approved distributor of magazines, newspapers and books in a number of different languages, including Arabic, English, French, German, Italian and Urdu.

The company imports media and books from the Middle East, the United Kingdom, the United States of America, France, Italy, West Germany, Pakistan and the Far East. In addition, the company also distributes medical and engineering equipment throughout the Kingdom and is on the approved distributor list of various ministries.

All publications are submitted to Censorship Authority at the Ministry of Information, which reviews the contents. Therefore all publications circulated by Khazindar Establishment are done as only after approval by the concerned authorities in accordance with the laws of the Kingdom of Saudi Arabia.

Business Development
It is interesting to note the development of the distribution business over the past 15 years. In the early days Khazindar Est. was selling only 50 copies of the International Herald Tribune in Jeddah and Riyadh. Today the quantity exceeds 5,000 copies per day. Similarly only 160 copies of Time and Newsweek were sold in Jeddah and Riyadh – today a combined total of over 30,000 copies are sold each week throughout the Kingdom.

Naturally these increases in circulation have been due to the tremendous growth that has taken place in the Kingdom over the past 15 years. However, Khazindar has always been where the development was taking place and in my instances has anticipated growth in a specific region.

In Jubail for example, Khazindar established a bookshop 8 years ago and last year up-graded this facility to a fully fledged specialized branch. Most industries in Jubail are still at the planning or construction stage, but Khazindar is ready and waiting, fully prepared to cope with the tremendous influx of people into the area over the next few years. Even today the turnover of the Jubail branch has climbed from $ 10,000 per month to $ 100,000 per month.

Similarly on the Western coast of Saudi Arabia, the small Red Seaport of Yanbu is undergoing a massive transformation identical to Jubail and in the next 10 years will export one third of Saudi Arabia’s oil, becoming the second major petro-industrial complex in the Kingdom.

Once again Khazindar has already established a branch providing the area with a good distribution network.

Khazindar’s development is along the lines of the industrial development of the Kingdom. The company’s policy is to try and reach all readers everywhere.

A cursory glance through this booklet will provide you with an indication of the extent of our coverage through selling points throughout the Kingdom.

 

Aim and Objectives
Some of Khazindar’s branches especially those off the beaten track, do not make a profit nor are they ever likely to do so.  However, they are all part of an overall profitable network.

Profits are important to the survival and growth of any business, but Khazindar’s commitment to the growth of the business by the promotion of sales at minimum commission rate, is evident.

Khazindar’s aim behind this distribution business is to serve the people of Saudi Arabia and keep both Saudis and foreign nationals abreast of developments in the social economic or professional fields and on a domestic, national and international basis.

 

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