Latest news with #MatarSuhailAlYabhouni
Zawya
21-05-2025
- Business
- Zawya
Emirates Stallions expands GCC footprint via purchase deal in Saudi Arabia
Abu Dhabi – Emirates Stallions Group (ESG) has secured a 16-year agreement for the usufruct rights of 13,000 square meters of warehouse space in Saudi Arabia, according to a press release. Through its subsidiary Vision Furniture & Decoration Factory, Emirates Stallions purchased the usufruct rights of an industrial contract with the Saudi Authority for Industrial Cities and Technology Zones (MODON) of two warehouse facilities with areas of 7,448 square meters and 5,991 square meters. This acquisition reinforces the group's footprint in the GCC and backs its strategy to scale business in the interior design and manufacturing sectors. It will enable Emirates Stallions to meet growing local demand more efficiently while lowering lead times and logistical complexities. Meanwhile, the new warehouse space is expected to be operational by the third quarter (Q3) of 2025. Matar Suhail Al Yabhouni Al Dhaheri, Chairman of Emirates Stallions, stated: 'This agreement represents a strategic milestone for the group as it strengthens our presence in Saudi Arabia and enhances our ability to provide high-quality in-house solutions that meet our clients' needs.' Kayed Ali Kharma, CEO of Emirates Stallions, added: 'The new warehouse space in the Kingdom will enable us to better serve our clients and meet the growing demand in the region for interior design and manufacturing.' All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Trade Arabia
11-05-2025
- Business
- Trade Arabia
Emirates Stallions unit Decovision expands into Saudi Arabia
Emirates Stallions Group, a leading conglomerate operating across the workforce solutions, construction and real estate sectors, and a subsidiary of International Holding Company (IHC), has announced the expansion of its subsidiary Decovision into Saudi Arabia through the launch of a new branch. Decovision is a premier provider of interior design, fit-out contracting and engineering services. The launch of the new branch reflects Decovision's ongoing commitment to bringing world-class design and turnkey interior solutions closer to its clients in the kingdom. The Saudi market, driven by ambitious national transformation programs and growing demand for premium lifestyle and commercial spaces, presents a robust opportunity for growth and innovation. This strategic expansion marks a significant milestone in Decovision's regional growth journey, reinforcing its presence across the GCC and supporting the Group's broader vision of regional and international expansion. Matar Suhail Al Yabhouni Al Dhaheri - Chairman of ESG, stated: 'We are excited to establish a strong operational presence in Saudi Arabia, a market that aligns perfectly with our growth ambitions and service capabilities.' Kayed Ali Khorma - CEO of ESG, added: 'Our new branch will enable us to better serve our clients, contribute to landmark projects, and support the Kingdom's vision of building a diversified and dynamic economy.' This move comes as part of Emirates Stallions Group's long-term strategy to strengthen its subsidiaries' footprint and capabilities, enabling them to capture new opportunities and enhance value creation across diverse markets. Established in 2003, Decovision boasts over 40 professional engineers under its management and operates a state-of-the-art factory, positioning itself as a leader in delivering high-quality interior solutions. The company has successfully executed prestigious projects such as the Presidential Palace, Royal Atlantis Hotel, Mandarin Oriental Hotel, and Edition Hotel & Hilton Conrad Hotel, along with a distinguished portfolio of other landmark developments across the region. - TradeArabia News Service
