FAS Holding Company
The Middle East's Premier Holding Group
Empowering innovation through a diverse portfolio of cutting-edge businesses — from smart technology to advanced automotive solutions and clean energy.
A Holding Group Built on Excellence
FAS Holding Company is a diversified holding group headquartered in the Middle East, uniting a portfolio of high-impact companies across technology, automotive services, energy solutions, and motorsports.
Our approach combines strategic investment with hands-on operational excellence. Each subsidiary is built to lead its sector — leveraging cutting-edge innovation, world-class expertise, and a relentless commitment to quality.
Vision & Mission
Our Vision
To become a leading holding company in the region, renowned for innovation and quality across a diverse portfolio of cutting-edge businesses — setting new benchmarks for growth and sustainable value creation.
Our Mission
Empowering innovation through a diverse portfolio of companies — delivering exceptional value by combining state-of-the-art technology with superior business acumen, and nurturing talent that drives meaningful progress.
Companies Under the FAS Umbrella
Distinct ventures, each leading its category — united by a shared standard of excellence.
Race Zone Trading
Authorized distributor of FSE® — premium automotive paint protection film (PPF), window films, and surface enhancement products. Serving dealerships, detailing centers, and individual owners across the region.
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WazNet Solutions
Developer of the world's first touchless, mobile-operated lift access system. WazNet's Smart Lift Device uses Bluetooth Low Energy (BLE) technology — no Wi-Fi required — and installs on any existing elevator in under 30 minutes.
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PPM Racing
A dedicated motorsport and performance brand competing at the highest level. PPM Racing champions precision engineering, high-performance driving, and the spirit of competition across regional and international circuits.
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The FAS Approach
We Choose People First
Every decision at FAS starts with the same question: who is behind this? Numbers tell part of the story — but conviction, character, and the willingness to see something through tell the rest. The founders and leaders who join the FAS family are people who've backed their vision with everything they have, and we back that kind of belief.
We Build for the Long Run
Holding companies that chase short-term returns tend to extract rather than build. We're not in that business. When FAS commits to a company, the commitment is lasting — through market cycles, growing pains, and the difficult years that almost always come before something great.
We Stay in the Room
FAS doesn't hand over support and step back. Our team works directly with portfolio leadership on strategy, market access, and the kind of challenges that rarely appear in a business plan. We consider ourselves part of every team we back — not a passive stakeholder on the sideline.
We Grow as One
Our companies operate independently, but they're never truly alone. Shared networks, cross-sector expertise, and a collective reputation mean that every addition strengthens the whole — and every milestone reached by one lifts all.
Leadership
Abdulbari Khawandanah
Director of International Relations & Strategic PartnershipsBuilds and manages FAS Holding's global partnerships, expanding the group's reach and forging strategic alliances across international markets.
Mohammed Wazna
General ManagerLeads FAS Holding Company's overall strategy and operations, driving the group's portfolio of companies toward sustainable growth and regional leadership.
Bayan Mahrawan
Governance & Administrative Affairs ManagerOversees governance frameworks and administrative operations, ensuring FAS Holding and its subsidiaries operate with consistency, compliance, and efficiency.
FAS Partnerships
Trusted collaborations that amplify our capabilities and extend our reach across industries and markets.
American Flight Support
Aviation services and professional flight support solutions for regional and international operations.
TCT
Trans-Cities for Maintenance Services — specialized industrial and equipment maintenance across cities.
Business Zone
Integrated business services and commercial solutions supporting enterprises across regional markets.
Wateera
Environmental care and sustainability solutions — committed to protecting the environment for future generations.
Contact FAS Holding
Whether you're a potential partner, investor, or looking to connect with one of our portfolio companies — we'd love to hear from you.