Al Baida Group has signed a Memorandum of Understanding (MoU) with Saudi Arabia’s Elm Company, a leading provider of innovative digital solutions, to drive digital transformation in Qatar.
The MoU will enhance collaboration on digital transformation projects for both public and private entities in the State of Qatar. The partnership was formalized during Elm’s delegation visit to Qatar, which included a series of meetings with various ministries and government agencies in the region.
During the engagements, Elm highlighted its capabilities and explored future collaboration opportunities that support Qatar’s vision for digital transformation, technological innovation and the development of business solutions.
The MoU aims to unify efforts and explore opportunities for cooperation across various areas such as professional services (consulting, data analytics, and artificial intelligence), digital services, business support services and training.
This alliance combines Elm’s deep expertise in the Saudi and regional markets with Albaida Group’s strong presence in the Qatari market for over five decades.
Eng. Ali bin Abdul Latif Al Mesned Chairman – Albaida Group
“This memorandum represents a strategic step toward enhancing Gulf-wide collaboration in the field of digitalization, in line with the national vision of Qatar and the broader GCC region, and its pursuit of accelerating the adoption of modern technologies and integrated government services.”
Elm is a publicly listed Saudi joint-stock company on the Saudi Stock Exchange (Tadawul), with the Public Investment Fund (PIF) as its majority shareholder. Elm also stands out as one of the region’s most prominent companies in digital transformation.
Albaida Group, on the other hand, is one of Qatar’s largest companies, spanning several key sectors such as consultancy, construction, education, and logistics, with a workforce of over 4,000 employees.
