
Tarshid achieves LEED Platinum certification
This accomplishment marks a new milestone in Tarshid's journey, following last year's achievement of receiving a LEED Platinum Certification in the Interior Design and Construction (ID+C) category for commercial buildings. These certifications reflect the company's ongoing commitment to applying the highest global standards in energy efficiency and sustainability. The design of the headquarters building embodies Tarshid's vision and mission to promote sustainability in the Kingdom, support the expansion of renewable energy, and enable smart infrastructure solutions for buildings and cities. Situated on King Abdullah Road in Riyadh, the building stands out as an architectural icon, featuring façade structures that help reduce thermal load and maximize the use of indirect natural daylight. The interior incorporates numerous sustainability and environmental standards, supported by advanced smart systems for energy management—such as motion sensors, daylight sensors, CO₂ detectors, a building management system (BMS), and solar panels.
On this occasion, Mr. Waled bin Abdullah Al Ghreri, Board Member and CEO of Tarshid, stated: "This achievement comes as a culmination of Tarshid's ongoing efforts in implementing energy efficiency standards and reaffirms its commitment to sustainability and environmental preservation. Our headquarters embodies our mission and vision, which aligns with the national sustainability goals." It is worth noting that the LEED Platinum certification is the highest global rating for energy, sustainability, and design standards. It is an internationally recognized certification in the field of sustainability leadership and achievement.
Tarshid was established in 2017 by the Public Investment Fund as a result of collaboration between the Ministry of Energy, Ministry of Finance, and the Saudi Energy Efficiency Center (SEEC). The company is dedicated to enhancing energy efficiency within the Kingdom and is committed to building a sustainable future. As a pioneer in energy efficiency, Tarshid supports the energy sector's strategic national sustainability goals, achieving significant energy savings, fostering a prosperous energy efficiency industry in Saudi Arabia, and contributing to the creation of thousands of job opportunities.
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Established in 1997 by a consortium of Kuwaiti and Egyptian businessmen, EKH's investment portfolio is diversified across various sectors and geographies, spanning five strategic sectors, including chemicals, building materials, utilities, oil and gas, as well as non-banking financial services. EKH is committed to sustainable value creation through focused investments in capacity along with an agile strategy, adapting quickly to market dynamics to ensure it seizes opportunities and secures long-term success. EKH is a well-governed dual-listed entity that has consistently delivered superior returns to shareholders through market-beating stock performance and consistent dividend distributions, supported by a diverse investment portfolio with superior cashflow generation ability and a capable management team with a proven track record across multiple sectors and geographies. Forward-Looking Statements Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of Egypt Kuwait Holding Company (EKH). Such statements involve known and unknown risks, uncertainties and other factors; undue reliance should not be placed thereon. Certain information contained herein constitutes 'targets' or 'forward-looking statements,' which can be identified by the use of forward-looking terminology such as 'may,' 'will,' 'seek,' 'should,' 'expect,' 'anticipate,' 'project,' 'estimate,' 'intend,' 'continue' or 'believe' or the negatives thereof or other variations thereon or comparable terminology. Actual events or results or the actual performance of EKH may differ materially from those reflected or contemplated in such targets or forward-looking statements. The performance of EKH is subject to risks and uncertainties.