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Specializing in operating labor camps Al-Zamel Development Holding Company is a partner in Anan Iskan

Al-Zamel Development Holding Company and Anan Iskan, a leading company in the development, operation, and management of labor camps, have finalized the procedures for Al-Zamel Development Holding Company to become a partner in Anan Iskan, joining the group of shareholders supporting the company’s operations.

Abdul Hamid Al-Zamel believes that Al-Zamel Development Holding Company chose this time as opportune to complete the deal, which specialists have been working on for the past few months. He explained that investing in this sector presents an opportunity to deepen Al-Zamel Holding’s expansion strategy in the logistics and industrial sectors, and everything related to the qualitative economic renaissance that the Kingdom of Saudi Arabia is currently experiencing, especially with the launch of Saudi Vision 2030.

Abdulrahman Al-Mutawa, CEO of Al-Zamel Development Holding Company, pointed out that this step confirms the harmony between the senior management of both companies, which contributed to expediting the completion of the deal. He emphasized that the strategic relationship is complementary and strengthens the shared vision of both parties, including capitalizing on the many growing opportunities in this thriving sector. He added, “The labor housing sector in the Kingdom is witnessing significant growth and needs specialists in this field, such as Anan Iskan.”

Hashim Al-Hamid, CEO of Anan Iskan, affirmed that Anan Iskan is a leader in the field of labor housing and has extensive experience in providing exemplary housing solutions for the workforce in the Kingdom. He added that this step is expected to contribute to maximizing the economic and developmental impact of the sector by leveraging the expertise and resources of both companies.

The signing ceremony and attendance at the event, which was recently held in Riyadh, were blessed by the Chairman of Awj Holding Company and one of the founders of Anan Iskan, Prince Mohammed bin Mansour bin Mutaib bin Abdul Aziz, member of the Board of Directors of Anan Iskan, Omar bin Abdul Aziz Al-Hamdan, Chairman of the Board of Directors of Al-Zamel Development Holding Company, Abdul Hamid bin Abdullah Al-Zamel, Vice Chairman of the Board of Directors of Anan Iskan, Nasser Al-Sharif, and a group of businessmen interested in the contracting and catering sector.

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