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Yusuf Bin Ahmed Kanoo Co. Ltd. Seeks U.S. Partners to Develop Key Economic Sectors

April 4, 2022 Featured Articles

The U.S.-Saudi Business Council (USSBC) is pleased to feature Yusuf Bin Ahmed Kanoo Co. Ltd., a Platinum-level Saudi member of the Council, in this month’s member spotlight. The company has operated throughout the Arabian Gulf region for over 130 years as one of the largest multinational corporations in the Middle East. Ali Abdullah Kanoo, Deputy Chairman of Saudi Arabian Operations and Head of the Industrial, Energy, and Machinery Division spoke to the Council about the company, its business offerings, market strategies, and search for new partners:

Ali Abdullah Kanoo, Deputy Chairman and Head of Industrial, Energy, and Machinery Divisions, Yusuf Bin Ahmed Kanoo Company Ltd.

“Yusuf bin Ahmed Kanoo has been proud to be a major provider of products and services to the biggest clients in Saudi Arabia including Aramco, SABIC, and Ma’aden for many decades. 

The company continuously strives to keep its business offerings fresh and forward-looking. Currently our priority is identifying new opportunities and investments to develop the logistics, real estate, and industrial and energy businesses in Saudi Arabia. 

Logistics facility development in the Kingdom presents numerous opportunities for new development and efficiency improvement. Kanoo aims to invest in and develop logistics operations by leveraging its real estate development activities to bring improved services and higher reliability to all areas in the Kingdom. 

Moreover, the Kingdom’s young demographic profile is driving a demand for residential and related real estate. As such, the company is seeking new and innovative ways to make these facilities available to the market in a manner that promotes sustainability and energy conservation. 

The industrial and energy sector is always attracting new technology and Kanoo welcomes approaches from companies looking to invest in or market their products in Saudi Arabia and any states within the Gulf Cooperation Council. 

The long history of business that Kanoo carries under its name has included many prominent U.S. companies. We would very much like to keep existing relationships alive and develop new ones and welcome partnerships with American companies seeking activities in the Kingdom and the Middle East.”  

 

If you would like to contact Yusuf Bin Ahmed Kanoo Co. Ltd, please reach out to David Callahan, Senior Vice President of the U.S.-Saudi Business Council at DCallahan@ussaudi.org.  

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