The MoU was signed by Sheikh Mohamed bin Faisal Al Thani, Vice Chairman and Managing Director of Aamal Company, and Adrian Lowiner Managing Director International Sales, Niedax. The ceremony was held in the presence of H.E. Dr. Ahmad Al Sayed, Minister of State for Foreign Trade Affairs of the State of Qatar, and H.E. Dr. Katherina Reiche, Federal Minister for Economy and Energy of the Federal Republic of Germany, underscoring the strategic importance of this partnership and its alignment with the economic cooperation between the two countries.
Under the terms of the MoU, both companies will collaborate to establish a state-of-the-art facility in Qatar for the production and distribution of cable management products made of GRP and steel. By providing state-of-the-art products for electrical installations, the joint venture is expected to play an important role in the development of the economy and infrastructure both in Qatar and in the Middle East.
Commenting on the signing, Sheikh Mohamed bin Faisal Al Thani, Vice Chairman and Managing Director of Aamal Company Q.P.S.C., says: “This agreement marks an important milestone in our ongoing efforts to strengthen Qatar’s industrial capabilities and support the nation’s diversification strategy. Aamal is proud to have been one of Qatar’s earliest diversified industrial companies, and this new partnership with Niedax promises to create unique synergies and opportunities to enhance the Group’s capabilities in this sector. By collaborating with a global leader in Niedax, we are not only expanding our portfolio but are helping to advance the development of high-quality manufacturing within Qatar. This collaboration reflects our commitment to delivering long-term value and contributing to the sustainable growth of Qatar’s economy."
Adrian Lowiner, Managing Director International Sales at Niedax, says: "We are looking forward to working with the Aamal Group in Qatar. The Niedax Group has over 100 years of experience in the field of cable management systems. Our solutions support major projects worldwide in the areas of infrastructure, industry, automotive, energy, shipping, and data centers. We are confident that the planned joint venture will enable us to make a decisive contribution to economic and infrastructural development both in Qatar and across the Middle East."
