Latest news with #AHCL
Arab News
06-08-2025
- Business
- Arab News
Abdullah Hashim secures distribution deal with Mikasa
Abdullah Hashim Company Limited has announced an exclusive distribution partnership with Mikasa Corporation, a Japanese manufacturer of high-performance light construction equipment. The agreement was formalized during a signing ceremony at AHCL's headquarters in Jeddah, marking a significant milestone for Saudi Arabia's construction industry. The signing ceremony was attended by Atsushi Suzuki, assistant manager, Mikasa Corporation; Khalid Abushaban, CEO, AHCL Group; Azizurrab, general manager, Machinery Division, AHCL; Faisal Bin Zager, general manager of human resources, AHCL Group; and Ayman Al-Omar, chief financial officer, AHCL Group. As Mikasa's exclusive Saudi distributor, AHCL will deliver the brand's renowned vibratory plate compactors, rammers, and concrete vibrators — equipment trusted for durability and innovation in global infrastructure projects. This partnership reinforces AHCL's commitment to advancing Saudi Arabia's Vision 2030 goals by equipping local contractors with cutting-edge Japanese technology. 'This collaboration aligns with our mission to provide world-class machinery solutions. Mikasa's precision engineering complements our portfolio, enabling us to better serve Saudi Arabia's booming construction sector,' said Azizurrab. AHCL will begin nationwide distribution of the equipment in Q4 2025, backed by its established service network and trained Saudi technicians.
Business Recorder
09-07-2025
- Business
- Business Recorder
Arif Habib consortium: Fatima Fertilizer says submited EOI for PIACL
Fatima Fertilizer Company Limited (FATIMA) has submitted an Expression of Interest (EOI) and Statement of Qualification (SOQ) to the Privatisation Commission of Pakistan (PC) for participation in the privatisation process of Pakistan International Airlines Corporation Limited (PIACL). FATIMA submitted the EOI as a member of the consortium led by Arif Habib Corporation Limited (AHCL). This was announced by FATIMA and AHCL in separate notices to the Pakistan Stock Exchange (PSX) today. As per a notification issued by the PC, FATIMA, AHCL, City Schools (Private) Limited, and Lake City Holdings (Private) Limited, were pre-qualified to participate in the bidding process, said the notice by FATIMA. 'The pre-qualified parties will now proceed to the buy-side due diligence phase, a key step in the competitive and transparent privatisation process of PIACL,' the company said. The notice further said that the consortium's continued participation in the process will be contingent upon the outcome of the due diligence exercise and subsequent guidance from our Board of Directors. The government plans to offer PIA's equity stake through a competitive bidding process. Pakistan has been seeking to sell a 51%-100% stake in the struggling national airline to raise funds and reform cash-draining, state-owned enterprises as envisaged under a $7 billion International Monetary Fund programme.
Business Recorder
09-07-2025
- Business
- Business Recorder
Fatima Fertilizer, Arif Habib consortium submits EOI for PIACL
Fatima Fertilizer Company Limited (FATIMA) has submitted an Expression of Interest (EOI) and Statement of Qualification (SOQ) to the Privatisation Commission of Pakistan (PC) for participation in the privatisation process of Pakistan International Airlines Corporation Limited (PIACL). FATIMA submitted the EOI as a member of the consortium led by Arif Habib Corporation Limited (AHCL). This was announced by FATIMA and AHCL in separate notices to the Pakistan Stock Exchange (PSX) today. As per a notification issued by the PC, FATIMA, AHCL, City Schools (Private) Limited, and Lake City Holdings (Private) Limited, were pre-qualified to participate in the bidding process, said the notice by FATIMA. 'The pre-qualified parties will now proceed to the buy-side due diligence phase, a key step in the competitive and transparent privatisation process of PIACL,' the company said. The notice further said that the consortium's continued participation in the process will be contingent upon the outcome of the due diligence exercise and subsequent guidance from our Board of Directors. The government plans to offer PIA's equity stake through a competitive bidding process. Pakistan has been seeking to sell a 51%-100% stake in the struggling national airline to raise funds and reform cash-draining, state-owned enterprises as envisaged under a $7 billion International Monetary Fund programme.
Mid East Info
04-05-2025
- Automotive
- Mid East Info
Abdullah Hashim Company to Debut Honda Accord E:HEV at EVS Saudi Arabia 2025 - Middle East Business News and Information
Honda Accord E:HEV to Headline Abdullah Hashim Company's Showcase at EVS Saudi Arabia 2025 Experience Honda's Hybrid-Electric Innovation at EV & Mobility Show Saudi Arabia 2025 We're excited to share that Abdullah Hashim Company Ltd (AHCL) will proudly showcase the elegant and efficient Honda Accord E:HEV models at the upcoming EV & Mobility Show Saudi Arabia 2025—a major step in supporting the Kingdom's transition to a greener, smarter mobility future. Event DetailsDates: 4–6 May 2025Venue: Riyadh Front Exhibition & Convention Centre, Saudi Arabia Visitor Registration: Register Here Book Your Stand: Reserve Now About Abdullah Hashim Company Ltd. Founded in 1946, Abdullah Hashim Company Ltd is the exclusive distributor for Honda in Saudi Arabia. With nearly 80 years of leadership, AHCL stands at the forefront of sustainable mobility, introducing cutting-edge automotive solutions backed by Honda's global legacy of innovation. What to Expect Honda Accord E: HEV Witness the next generation of hybrid-electric mobility. The Accord E: HEV offers sleek styling, advanced safety technologies, and intelligent efficiency, delivering a refined driving experience with reduced environmental impact. Two Models on Display Explore two distinct variants of the Accord E:HEV, each showcasing Honda's vision for dynamic, sustainable performance. Meet the Honda and AHCL Team Gain exclusive insights into Honda's electrification strategy in Saudi Arabia and how AHCL is steering mobility innovation in support of Vision 2030. Why Attend EVS Saudi Arabia 2025 Discover the latest in hybrid-electric vehicle advancementsConnect with key automotive and energy stakeholders Explore investment and collaboration opportunities that align with national sustainability goals Learn more: Contact: info@
