|
|
|
RELATED ARTICLES: 10 Qatari projects you should be involved in; 10 KSA projects you should be involved in
Qatari Diar and Saudi Binladin Group (SBG) have agreed to form two joint venture companies operating in Qatar.
One will be a contracting company and the other an industrial services company, according to a statement.
"We are honored to be partnering with the Saudi Binladin Group, the internationally-renowned construction conglomerate, here in Qatar,” said Ghanim bin Saad al-Saad, CEO and managing director, Qatari Diar.
“We are excited that SBG will enter Qatar and be part of its growth. Today's agreement promises a long-lasting and fruitful relationship between our two companies, and I look forward to working closely with our Saudi partners for years to come."
Barwa Real Estate and The First Investor have signed deals to become shareholders in the new contracting company.
Barwa, The First Investor and Construction Products International Company (CPC) will be shareholders in the new industrial services company. CPC is part of Saudi Binladin Group and specialises in construction materials and supplies.
Sheikh Mohammed Mohammed Binladin, representing the Saudi Binladin Group, said: “Qatar's vision and ambition as a nation are truly inspiring, and we are eager to be part of the country's further development.”
 |
| Articles | |
| Companies | |
 |
Site Map
 |
 |
 |
 |
|  |
\
FEATURED COMMENT
Merging and joint ventures of big companies in Qatar such Qatar Diar and Saudi Binladin Group is good sign that more pro