ADCN Signs MOU with Saudi Arabia for Warehouse Development in Riyadh

Riyadh, Kingdom of Saudi Arabia – ADCN, Abu Dhabi's leading private investment company, is excited to announce a Memorandum of Understanding (MOU) with the Kingdom of Saudi Arabia for the development of advanced warehouses in Riyadh. This agreement marks a pivotal step in ADCN's expansion in Saudi Arabia and underscores its dedication to regional collaboration.

The MOU, signed in a ceremony in Riyadh, outlines the construction of state-of-the-art warehouse facilities aimed at enhancing logistics and supply chain efficiencies in the region.

Statement from ADCN's Leadership:

His Excellency Mr. Mohammad Said Sultan Dhamija, President & Group CEO of ADCN, remarked, "This collaboration with Saudi Arabia is a significant stride in our journey to invest in top-tier infrastructure solutions in the region. We are eager to contribute our expertise to Riyadh's burgeoning economic landscape."

The warehouses to be developped are designed to be technologically advanced and sustainable, aligning with Saudi Arabia's Vision 2030. These facilities will substantially boost Riyadh's storage and distribution capabilities, serving the increasing demands of various industries.

For more information, please visit www.adcn.ae.

About ADCN:

ADCN's businesses span 12 sectors both within UAE and internationally, employ over 18,000 people and generate over AED 6.25 Billion (USD 1.7 Billion) in revenue each year.