How National Creativity Unified Investment and Real Estate Operations on NetSuite

Institutional Investing on a Single Platform

National Creativity Investment Company (NCIC) is a diversified, Shariah-compliant investment company established in 2011 and headquartered in Riyadh, Saudi Arabia. NCIC manages a multi-billion global portfolio across money market, fixed income, public equity, and real estate, with a mandate to preserve and grow its asset base while achieving long-term financial sustainability.

Alongside its financial investments, NCIC holds a real estate portfolio that includes Ibdaa Tower, Ibdaa Commercial Center, Ibdaa Plaza Center, and AlBasateen Center. Managing investment performance and property income at this scale, under international governance standards and Shariah compliance, demands a financial platform built for institutional oversight. That unified layer was what NCIC set out to build.

What We Did

Azdan implemented NetSuite ERP as NCIC's core financial platform, extended with purpose-built AzdanApps modules and NetSuite planning tools to cover both sides of the business.

Investment Portfolio Management

AzdanApps Investment Portfolio Management tracks NCIC's holdings across asset classes inside NetSuite, connecting investment activity, valuations, and returns directly to the financial system. Finance gains a consolidated view of portfolio performance without manually aggregating data from separate sources.

Property Leasing

AzdanApps Property Leasing manages NCIC's real estate income across its commercial towers and centers, handling lease contracts, recurring billing, and renewals. Rental revenue flows automatically into the financial core, keeping property income accurate and current.

Planning and Budgeting

NetSuite Planning and Budgeting gives NCIC a structured environment for budgets, forecasts, and scenario analysis across both investment and real estate operations, with variance analysis running against actuals in the same platform.

ZATCA E-Invoicing and HR Integration

Native ZATCA e-invoicing ensures every commercial invoice meets Saudi Arabia's mandate, while integration with NCIC's HR system connects workforce and payroll data to the financial core, eliminating manual transfers between systems.

One Governed View of the Entire Portfolio

What Azdan built for NCIC is a single platform where investment performance, real estate income, and group financials all feed the same picture. A return on a public equity position, rental income from Ibdaa Tower, and a planning forecast all live in one governed system rather than across disconnected tools.

As NCIC continues to grow its multi-asset portfolio in line with its long-term strategy, the platform delivers the institutional-grade oversight, Shariah compliance, and governance the company is built on, ready to scale with the portfolio for generations to come.

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