Estithmar Holding and Al Bidda Industries & Services sign MoU with Siemens to advance smart, sustainable solutions within its global expansion strategy

Doha, Qatar: Estithmar Holding Q.P.S.C. and Al Bidda Industries Services signed a memorandum of understanding (MoU) today with Siemens to strengthen...

Doha, Qatar: Estithmar Holding Q.P.S.C. and Al-Bidda Industries & Services signed a memorandum of understanding (MoU) today with Siemens to strengthen cooperation on developing integrated smart and sustainable solutions across key sectors including healthcare, energy, services, hospitality, and contracting.

The memorandum seeks to promote innovation and support public-private partnership (PPP) projects in line withsustainable development and economic diversification goals. It also sets a framework for cooperation to develop integrated smart and sustainable solutions in vital sectorsincluding healthcare, energy, services, hospitality, and contracting supporting international expansion.

The MoU was signed at Estithmar Holding’s headquarters in Doha between Juan Leon, Holding CEO of Estithmar Holding—representing Estithmar Holding and Al Bidda Industries & Services—and Hakan Ozdemir, CEO of Siemens in Qatar and CEO of Smart Infrastructure for the Middle East. The ceremony was witnessed by Sheikh Suhaim bin Abdulaziz Al Thani, Chairman of Al-Bidda Group, and Abdulla Darwish Al Darwish, Board Member of Estithmar Holding, along with senior executives representing the three companies. This initiative underscores the parties’ commitment to strengthening strategic partnerships and supportingsustainable developmentthrough innovative solutions.

Juan Leon, Holding CEO of Estithmar Holding, commented: “This MoU marks an important milestone in Estithmar Holding’s drive to advance innovation and sustainability. Through our partnership with Siemens, we aim to create transformative opportunities that strengthen the economic ecosystem and support our long-term vision in international expansion.”

Hakan Ozdemir, CEO of Siemens in Qatar and CEO of Smart Infrastructure for the Middle East, commented:” Real progress is never achieved alone; it is built through collaboration, shared ambition, and the power of partnership. We see our partnerships with Al Bidda Group and Estithmar as a launchpad, a chance to share Siemens Qatar’s success stories with the region and beyond.”