ARAB INTERNATIONAL CENTRE FOR
ENTREPRENEURSHIP & INNOVATION

Rasheed Al Fawaz

Rasheed Al Fawaz
Rasheed Al FawazSecuricore
In 2001 after a long service in the Ministry of Interior Mr. Rasheed Al-Fawaz retired. But retirement didn’t mean the end for Mr. Al-Fawaz but rather was the beginning of a great adventure. He read about the Investment Promotion & Enterprise Creation Program in Al-Ayyam paper and since he had been thinking of starting a business decided to sign up for the September 2001 session. He soon started discussing ideas in the program and decided on the newly opened private security sector. With the support of UNIDO and the BDB he developed his feasibility study and business plan and then started on the process.

He started Securicore Bahrain with a BD 3000 loan from the Bahrain Development Bank and jokes that in the beginning he worked in every role from Managing Director to office boy. Securicore Bahrain now boasts 420 employees, 95% of them Bahrainis. The company offers a wide variety of innovative and state-of-the art security management and integration solutions for homes and businesses ranging from basic applications to sophisticated multi-facility network systems. Securicore is a single source for all security needs with extensive and international experience. It supplies a comprehensive range of products; with each product & service designed and tested to local and international standards and conditions.
Securicore uses their business partner’s extensive research and development test facilities and experienced design teams to ensure that their products are not only the best available in terms of performance and quality, but also cost effective in this competitive market.Success however has not made Mr. Rasheed Al-Fawaz relax. Having come to dominate the Bahrain market he is now looking towards the other GCC states, and with contracts already signed in Saudi, Qatar and the UAE Mr. Al-Fawaz seems well set to become a major player in the regional security market.

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Bahrain Financial Harbor
23rd Floor, West Tower,
Manama, Kingdom of Bahrain

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