Al Areeb Holding has announced the acquisition of an 80% majority stake in Future Integrated Management (FIM), a company specializing in administrative solutions and consulting.
This strategic move aligns with Al Areeb Holding’s plan to expand its administrative services and enhance operational efficiency and corporate governance.
The agreement was signed in Riyadh, attended by Ahmed Al Obaid, Chairman of Al Areeb Holding, and Musaad Al Tamami, CEO of FIM.
Commenting on the acquisition, Ahmed Al Obaid stated: “This step is part of our efforts to strengthen our presence in the services sector. We aim to provide innovative administrative solutions that help companies enhance their competitiveness and achieve their developmental goals.”
Musaad Al Tamami added: “We are excited to join the Al Areeb Holding family. This partnership will open new horizons for growth and development of our services, supporting our journey in enabling institutions to achieve high performance efficiency.”
