Land and Real Estate

Abdul Latif Jameel Land and Al Muhaidib Group have launched a new joint venture, ‘Muheel’ – an Integrated Facilities Management company (IFM). Headquartered in Jeddah, Muheel aims to become one of the leading IFM companies in Saudi Arabia and across the Middle East.

The partnership is an important step in Abdul Latif Jameel Land and Al Muhaidib Group in building a strong growth presence in a multi-billion Riyal industry. This move supports one of the core goals of Saudi Vision 2030 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.