Saudi firm Al Muhaidib, SAP sign deal to enhance digital strategy

Saudi conglomerate and investment company, Al Muhaidib Group, has partnered with SAP in an enterprise agreement to launch the company’s digital business strategy.

Abdulkareem AlKhaliwi, vice president of IT at Al Muhaidib Group [Right], and Steve Tzikakis, president of Europe, Middle East, and Africa (EMEA) South at SAP.
Abdulkareem AlKhaliwi, vice president of IT at Al Muhaidib Group [Right], and Steve Tzikakis, president of Europe, Middle East, and Africa (EMEA) South at SAP.

Saudi conglomerate and investment company, Al Muhaidib Group, has partnered with SAP in an enterprise agreement to launch the company’s digital business strategy.

The agreement was signed by Abdulkareem AlKhaliwi, vice president of IT at Al Muhaidib Group, and Steve Tzikakis, president of Europe, Middle East, and Africa (EMEA) South at SAP.

As part of its digital transformation, Al Muhaidib Group’s eight largest entities will run on the SAP HANA in-memory platform.

With Saudi Vision 2030 calling on private sector contribution GDP to grow from 40% to 65%, Al Muhaidib Group is undergoing a digital transformation across its 93 affiliates, covering five key sectors including building materials, food, contracting, utilities and infrastructure, and real estate.

Al Khalawi said: “Saudi’s largest organizations need to run in real-time to enhance their business competitiveness.

“Using SAP HANA, Al Muhaidib Group now has the real-time analytics to ensure our customers have the right products at the right time. We have enhanced our performance, improved our reporting time, and can better fuel our regional and international expansion.”

Al Muhaidib Group’s investments include Mayar Foods, Savola Group, Masdar Building Materials and Thabat Construction, Saudi Tharwa in real estate, and ACWA Holding. 

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