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Al Baida Group inks exclusive deal with Saudi’s Alkhorayef Group

Al Baida Group inks exclusive deal with Saudi’s Alkhorayef Group

Tribune news network
doha
Al Baida Group has signed an exclusive business agreement with Saudi Arabian industrial firm Alkhorayef Group to further cooperation in the field of investment, as well as in agricultural and industrial development.
Ali Abdullatif Al Misnad, Chairman of Al Baida Group, signed the agreement with Sheikh Mohamed Abdulla Alkhorayef, Chairman of Alkhorayef Group, a statement said on Tuesday.
The agreement aims at strengthening cooperation between both sides in the industrial and agricultural equipment and in the field of irrigation systems, which include Western irrigation systems.
It also aims to enhance cooperation between both firms in providing pumping solutions such as the deep well pumps, horizontal pumps, rivers and aqueduct pump solutions, in addition to providing the iron tubes (polyethylene), generators, diesel engines and electrical control panels.
On this occasion, Misnad said that due to the clear commercial rapprochement between Qatar and KSA, especially following the visit of Crown Prince Mohammed bin Salman to Qatar and the meeting with the Amir HH Sheikh Tamim bin Hamad al Thani, Al Baida Group has signed this agreement to bolster cooperation with one of Saudi’s most prominent companies specializing in industrial and agricultural
equipment.
For his part, Mohamed Elwan, CEO, Al Baida Group, stressed the importance of this agreement during the current period due to the increasing demand of the Qatari market to the products and equipment produced by the Alkhorayef Group, which is one of the top 4 global companies in the irrigation systems, pumps, and electrical generators.
He also said that Al Baida Group has a considerable experience in this strategic and vital sector, indicating that it offers a lot of products for the Qatari market and contributes significantly to the State’s food security.

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