Emirates Stallions Group Strengthens Saudi Operations With New 13,000 Sqm Warehouse Agreement

Emirates Stallions Group (ESG), a prominent entity in Workforce Solutions, Construction, and Real Estate, has secured a 16-year agreement for usufruct rights over 13,000 square meters of warehouse space in Saudi Arabia. This acquisition was made through Vision Furniture & Decoration Factory, an ESG subsidiary. The deal involves two warehouses with areas of 7,448 and 5,991 square meters, marking ESG's significant expansion in the GCC region.

The new facilities are anticipated to become operational by the third quarter of 2025. This strategic move is expected to bolster ESG's production capabilities and existing facilities in Abu Dhabi. It aligns with the group's mission to deliver excellence in interior design and manufacturing sectors. The expansion is set to meet the rising demand for high-quality interior solutions in Saudi Arabia.

Matar Suhail Al Yabhouni Al Dhaheri, Chairman of ESG, remarked on the significance of this agreement. "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. It also reinforces our credibility in pursuing thoughtful expansion and delivering value for the group, its shareholders, and its clients. We are always committed to strengthening our position in Saudi Arabia and across the GCC region."

This acquisition supports ESG’s strategy to expand within the interior design and manufacturing sectors. By doing so, it aims to efficiently address local demand while minimizing lead times and logistical challenges. The move is expected to enhance ESG's role within these industries across the GCC.

Kayed Ali Kharma, CEO of ESG, expressed enthusiasm about this development: "We are excited about this expansion and the opportunities it will create for us in the GCC, particularly in Saudi Arabia. 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. We look forward to strengthening our role and continuing to deliver excellence in the fields we operate in through the group and its subsidiaries."

This strategic initiative not only enhances ESG's current operations but also reinforces its commitment to providing superior solutions tailored to client needs. The expansion is seen as a step towards solidifying ESG's market presence across Saudi Arabia.

The acquisition marks a pivotal moment for ESG as it seeks to expand its footprint within one of the fastest-growing markets globally. By increasing its operational capacity, ESG aims to deliver more efficient services while maintaining high standards of quality.

With inputs from WAM