One of famous businessmen of UAE Mr. Rashid Al Habtoor and CEO of Arloid Group Mr. Sergey Shalunov signed up the Memorandum about cooperation. Both groups will start combined projects in near future.
The Al Habtoor Group is best known for construction, it is globally recognized through its involvement in the hotel, automotive, real estate, education and publishing sectors.
The Arloid Group has the diversified portfolio and currently it is serving in business services, real estate development, general trading, information technologies, racing, oil production and building automation.
The agreement will enable both groups to generate bigger pool of resources in terms of both financial and intellectual ways resulting in initiation of mega projects in future.