GFH Capital and Al Tijaria have recently joined forces to enhance logistics capabilities across the Gulf Cooperation Council (GCC) region. This strategic partnership focuses on leveraging Al Tijaria’s expertise in commercial real estate to provide technical advisory for one of GFH Capital’s logistics funds. As the logistics sector becomes increasingly vital for economic growth in the region, this collaboration positions both companies to capitalize on significant opportunities.
Strategic Collaboration to Boost Logistics Investments
GFH Capital (GFHC), the Saudi-based subsidiary of Bahrain’s GFH Financial Group, has announced a partnership with Kuwait-based Commercial Real Estate Company K.P.S.C., commonly known as Al Tijaria. As part of this agreement, Al Tijaria will serve as a technical advisor for one of GFHC’s logistics funds. This venture aims to support the expansion of GFHC’s investments within the warehousing and logistics sector, particularly across Saudi Arabia and the broader Gulf region.
Shared Vision for Economic Development
In a statement regarding the collaboration, GFH Capital expressed enthusiasm about partnering with Al Tijaria, pointing to the latter’s extensive experience in real estate management. The company believes this partnership will enable them to establish a robust logistics platform that caters to regional demands. “This partnership reflects the growing importance of logistics as a key driver of economic development in KSA and the wider Gulf,” remarked Razi Al Murbati, CEO of GFH Capital.
Creating Value with Innovative Solutions
Razi Al Murbati emphasized that their initiative is strategically aligned with their goal to provide high-growth investments that yield sustainable returns while contributing to regional development. “Together, we aim to develop state-of-the-art infrastructure and create value for the investors,” stated Abdulmutaleb Marafie, CEO of Al Tijaria, emphasizing the unique access this partnership provides to the swiftly evolving logistics market.
Commitment to Advancing Logistics Infrastructure
Both companies have committed to enhancing logistics infrastructure, promoting innovation, and supporting the economic diversification goals of the region. GFH Financial Group has notably increased its investments in the logistics sector, holding an estimated $2 billion in diverse logistics facilities. This portfolio encompasses various facilities such as cold storage units, last-mile delivery hubs, and fulfillment centers, showcasing a strong commitment to addressing the logistics needs of the GCC region.