sarcc signs MoU with Tamimi Global Company. Ltd. to explore strategic collaboration

Smart Accommodation for Residential Complexes Company (sarcc), a Public Investment Fund (PIF) company, announced today the signing of a Memorandum of Understanding with Tamimi Global Company Limited (TAFGA), a leading developer and contractor in modern Methods of construction (MMC) turnkey solutions, and provider of facility operation and maintenance solutions in Saudi Arabia, to explore a strategic collaboration in the kingdom’s employee accommodation sector.

The signing ceremony took place at sarcc’s new headquarters in Riyadh, where the agreement was signed by James Atkinson, Acting CEO of sarcc, and Engineer Faisal Al Sayegh, Vice President of Tamimi Global Company LTD. In the presence of sarcc Chairman, Dr. Khalid Johar, and Tamimi Global Chairman, Mr. Tariq Al Tamimi.

Commenting on the new partnership, James Atkinson, Acting CEO of sarcc, said,“Today’s signing represents an important step for sarcc as we continue our mission to redefine employee accommodation in the Kingdom. Partnering with Tamimi Global Co. Ltd. enables us to combine our shared expertise and to explore potential opportunities that will enhance living standards for Saudi Arabia’s workforce while contributing to the national economic transformation agenda.”