Eng. Ali Abdullatif Al Misnad, Chairman of Al Baida Group, with Sheikh Mohamed Abdulla Alkhorayef, Chairman of Alkhorayef Group, during the agreement signing ceremony, recently.
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.
Eng. Ali Abdullatif Al Misnad, Chairman of Al Baida Group, signed the agreement with Sheikh Mohamed Abdulla Alkhorayef, Chairman of Alkhorayef Group.
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, Al 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 H H Sheikh Tamim bin Hamad Al Thani, Al Baida Group has signed the agreement to bolster cooperation with one of Saudi’s most prominent companies specialising in industrial and agricultural equipment.
For his part, Mohamed Elwan, CEO at Al Baida Group, stressed the importance of the agreement during the current period due to the increasing demand in the Qatari market for 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.
Established in 1970, Al Baida Group operates in various sectors such as contracting, infrastructure, agriculture, and services.
Alkhorayef Group was founded in 1957. The Company diversified its activities and continued its progress in various fields such as machinery systems, oil, contracting as well as printing and paper.
