Riyadh, Saudi Arabia – In a strategic move set to redefine the technological and industrial landscape of the region, a major multilateral partnership was announced today, uniting Saudi and international leaders in technology and economic development.
The landmark agreement was formalized at a press conference attended by key figures, including His Excellency Counselor Abdul Malik bin Mohammed Al-Askar, Chairman of The First Experiences Company; Dr. Rashed Osman, Chairman of Dongguan Osman Supply Chain Management Co., Ltd.; Dr. Abdul Malik Al-Nimer, Director of DeepTech Engineering; and Mr. Effendy Bin Zulkifly, Director of WORLD PEACE DEVELOPMENT SDN BHD (PEACEISM).
A Comprehensive Collaboration Supporting Vision 2030
This comprehensive collaboration is designed to drive the development and localization of next-generation technologies within the Kingdom of Saudi Arabia and the wider Gulf Cooperation Council (GCC) region, directly supporting the objectives of Saudi Vision 2030. The partnership will leverage the unique expertise of each entity to focus on four critical pillars:
Blockchain Technology: Creating and deploying secure, transparent blockchain solutions for finance, logistics, and government services.
Artificial Intelligence (AI): Establishing advanced AI research and application hubs for industry, smart cities, and data analytics.
Digital Transformation: Providing end-to-end digital transformation services to empower both private and public sector entities.
Industrial Localization & Engineering: Transferring advanced manufacturing technologies and providing cutting-edge engineering solutions to build a robust, self-sufficient industrial base.
Statements from Leadership
His Excellency Counselor Abdul Malik bin Mohammed Al-Askar stated, “This multi-faceted collaboration is a powerful engine for achieving the goals of Vision 2030. By uniting local strategic vision with global technological and engineering prowess, we are committed to building a lasting legacy of innovation, cultivating local talent, and creating high-value jobs for our citizens.”
Dr. Rashed Osman, Chairman of Dongguan Osman Supply Chain Management Co., Ltd., commented, “Our consortium brings together a unique blend of supply chain management, industrial holdings, and international economic expertise. We are confident that this synergy will accelerate the Kingdom’s digital and industrial transformation, creating sustainable and impactful economic growth.”
Dr. Osman further announced, “Building on this partnership, we are proud to announce that we will host the WORLD BLOCK TECH next year in Saudi Arabia – a major international event focusing on open source technologies, digitalization, and artificial intelligence. This landmark event will be organized in collaboration with Barmajah Association and our other strategic partners, positioning Saudi Arabia as a global hub for technological innovation and knowledge exchange.”
Dr. Abdul Malik Al-Nimer, Director of DeepTech Engineering, added, “Through DeepTech Engineering, we will ensure that the technological ambitions of this partnership are grounded in world-class engineering execution. Our role is to bridge the gap between innovation and practical, real-world implementation in the Kingdom’s key sectors.”
Mr. Effendy Bin Zulkifly, Director of WORLD PEACE DEVELOPMENT SDN BHD (PEACEISM), concluded, “The PEACEISM framework is founded on fostering sustainable and cooperative economic development. This partnership exemplifies our mission, creating a model for how global collaboration can be harnessed to build a prosperous and technologically advanced future for the Kingdom and the region.”
Positioning Saudi Arabia at the Forefront of Innovation
This alliance represents a powerful fusion of strategic vision, technological innovation, and engineering excellence, positioning the Kingdom at the forefront of the Fourth Industrial Revolution.
About the Partners
The First Experiences Company: A pioneering Saudi enterprise focused on strategic investments aligned with Vision 2030.
Dongguan Osman Supply Chain Management Co., Ltd.: A global leader in logistics and supply chain solutions.
DeepTech Engineering: A specialized engineering firm delivering innovative technological implementations.
WORLD PEACE DEVELOPMENT SDN BHD (PEACEISM): An organization dedicated to sustainable economic development through global cooperation.
Barmajah Association: A leading Saudi association promoting technological development and digital transformation.
