Abdul Latif Jameel Land and Al-Muhaidib Group have launched a new joint venture — Muheel — an integrated facilities management company (IFM) in Saudi Arabia. Headquartered in Jeddah, Muheel aims to become one of the leading IFM companies in the Kingdom and across the Middle East.
The partnership is aligned with one of the core goals of Saudi Vision 2030, which is to create a thriving economy open for business, enabling the growth and international competitiveness of the national economy.
The partnership also reflects Abdul Latif Jameel Land’s commitment to expanding its breadth of capabilities into the facilities management sector as part of its strategy to become a leading player in the regional property and property services market. The partnership builds upon the extensive 40-year IFM experience and expertise of Al-Muhaidib Group.
Muheel aims to support vital economic growth industries including oil and gas, education, aviation, health care, infrastructure, government as well as commercial and residential sectors, delivering IFM services across Saudi Arabia’s rapidly diversifying economy.
The 1,600-staff company is led by CEO Jason Ruehland.
Essam A.K. Al-Muhaidib, CEO of Al-Muhaidib, said: “Our combined understanding of the successful growth and diversification of Al-Muhaidib Group and Abdul Latif Jameel is central to the strategy and future success of this partnership. We are confident that Muheel represents the best of both companies in approach, and name, and I’m confident that it will quickly become synonymous with high-quality service delivery in Saudi Arabia.”
Mohammed Abdul Latif Jameel, chairman and CEO of Abdul Latif Jameel, said: “Abdul Latif Jameel and Al-Muhaidib share a commitment to delivering high-quality, innovative solutions for clients. There are many players — big and small — in facilities management, but there is a demand in the market for a true one-stop, integrated solutions provider. The new venture is addressing this requirement, bringing our shared values and commitment to excellence to the facilities management sector in Saudi Arabia and beyond.”