The strategic partnership between two major Qatari companies will add qualitative value to the local and regional market
Sheikh Faisal bin Qassim: The partnership represents the development of the private sector in Qatar and enhances its ability to compete
Mohammed Abdullah Al-Attiyah: The partnership opens new horizons for growth and expansion and strengthens our position in the market
Senyar Trading and Distribution Company and Al Baladi Holding Company announced the launch of their strategic partnership under the name Al Faisal Al Baladi Holding Group of Companies, during a special ceremony attended by His Excellency Sheikh Faisal bin Qassim Al Thani, Chairman of the Board of Directors of Al Faisal Holding, and His Excellency Mr. Mohammed Abdullah Al Attiyah, Chairman of the Board of Directors of Al Baladi Holding. This partnership aims to provide quality investments to the Qatari and regional markets, and embody the role of local companies in supporting and developing the national economy in line with Qatar Vision 2030.
Within the framework of this alliance, a strong economic pillar was created under the name “Al-Faisal Baladi Holding Group,” capable of implementing huge projects at the level of the Middle East and North Africa in a number of different vital sectors, especially livestock and agricultural production projects, which contributes to supporting food security and enhancing wealth. animals sustainably. In addition, the retail sector constitutes an important part of the company’s activities.
Al-Faisal Holding Group of Companies includes “Al-Faisal Al-Baladi Holding Company LLC” based in Qatar, “Al-Faisal Al-Baladi Group for the Management and Operation of Commercial Centers” based in Egypt, and “Al-Faisal Al-Baladi Holding Company” based in the Sultanate of Oman. These companies will work in a number of diverse sectors, including livestock and agricultural production, distribution and wholesale trade, manufacturing, retail trade, hospitality and hotels, restaurants, and food and beverages. Through its activities, it will seek to meet the growing demand for innovative products and solutions, in addition to supporting sustainable economic development in Qatar and the region.
On this occasion, His Excellency Sheikh Faisal bin Qassim Al Thani, Chairman of the Board of Directors of Al Faisal Holding, commented:
“I am pleased to witness this strategic partnership that represents the development of the private sector in Qatar and enhances its ability to compete through alliances built on solid foundations. This partnership is an embodiment of Qatar’s 2030 vision to empower the private sector and enhance its contribution to the national economy. I wish both parties good luck and success in this promising partnership.”
For his part, His Excellency Mr. Mohammed Abdullah Al-Attiyah, Chairman of the Board of Directors of Al Baladi Holding and Chairman of the Board of Directors of Al-Faisal Al Baladi Company, said: “We are happy with this alliance, which opens new horizons for growth and expansion for us. Al Baladi Holding has achieved remarkable successes in recent years, and this partnership strengthens our position in the market and expands the scope of our activities. We hope that Al-Faisal Al Baladi Holding Company will contribute to the development of successful and innovative projects that will be a source of pride for everyone.”
His Excellency Sheikh Mohammed bin Faisal Al Thani, Vice Chairman of the Board of Directors of Al Faisal Al Baladi Holding Company, added: “We and Al Baladi Holding share unified goals and complementarity in resources and expertise. Through this partnership, we will achieve integration and synergy in diverse businesses to maximize value for all parties, including consumers and investors, which will benefit all stakeholders and contribute to achieving a positive impact at all levels.”
Mr. Abdullah Mohammed Al-Attiyah, Vice Chairman of the Board of Directors of Al Baladi Holding, said: “There is no doubt that the stability of the Qatari economy, the diversity of investment opportunities, and the positive business environment, all played a major role in consolidating Al Baladi Holding’s position as a leading company in the market, and now we look forward with confidence to this partnership and look forward to it.” To build a bright future.”
In this context, Mr. Tariq Mahmoud Al-Sayed, a member of the Board of Directors of Al-Faisal Municipal Holding, added: “We attach special importance to food security projects in their comprehensive and sustainable sense, which constitute an essential part of our future strategy. We seek to play a pivotal role in the region through livestock and agricultural production projects, as we currently own a number of livestock and agricultural production companies in Qatar and Oman. We also plan to expand and launch new projects in a number of countries in the region and North Africa, so that Al-Faisal Baladi will be the leading company in achieving food security. At the region level.
Mr. Hani Al Sayadi, CEO and member of the Board of Directors of Al Faisal Municipal Holding, concluded by saying: “This partnership strengthens our diversified investment portfolio and allows us to expand our presence in regional and global markets. Our vision lies in achieving a strong presence in the Middle East region, by focusing on innovation and quality in all our sectors, and this partnership is a natural extension of the two companies’ vision to enhance economic integration and contribute to advancing development in Qatar and the region.”
Al-Faisal Al-Baladi plans to expand its business activity in regional and global markets, by exploiting the various investment opportunities represented by the manufacturing, hospitality and retail sectors. The group’s current portfolio includes more than 30 leading companies in their fields, including Al-Baladi and Al-Baladi Express markets, Al-Wajbah Dairy and Juice Factory, and City Limousine Company, in addition to a number of restaurants and companies in the food sector, among others.