EUR AND OBEIKAN SIGNS NON-BINDING MOU TO BUILD AND OPERATE A HYDROXIDE PLANT IN SAUDI ARABIA UNDER JV 

EUR AND OBEIKAN SIGNS NON-BINDING MOU TO BUILD AND OPERATE A HYDROXIDE PLANT IN SAUDI ARABIA UNDER JV 

by | Jan 15, 2023 | News

European Lithium Limited (ASX: EUR, FRA:PF8, OTC: EULIF) (the Company) is pleased to advise that it has signed a non-binding Memorandum of Understanding (MoU) with Obeikan Investment Group (Obeikan) to build and operate a hydroxide plant in Saudi Arabia for the 100% owned Wolfsberg Lithium Project (Wolfsberg, Wolfsberg Project) in Austria. 
Tony Sage, EUR Chairman, commented: “The JV with Obeikan will allow EUR to focus its efforts on 
building the facilities to start mining concentrate in addition to benefiting from the JV opportunities. 
The huge energy cost savings will make Wolfsberg even more robust.” 
Eng. Abdallah Obeikan, CEO of Obeikan Investment Group, commented: “We are pleased to announce this MoU, a great step ahead in further strengthening the Saudi Australian economic collaboration. In line with Obeikan investment group strategy of accelerating sustainability within the energy field.” 
Under the MoU, EUR and Obeikan will work together to negotiate suitable commercial terms for the 
construction and operation of a hydroxide plant in Saudi Arabia, although no assurance is given that a binding agreement will be executed. 
Future Minerals Forum 
EUR were pleased to be in attendance at the Future Minerals Forum, held in Riyadh, Saudi Arabia, where they were welcomed by global mining industry leaders, governments, investors and other key players to foster and develop opportunities for long-lasting partnerships. 
About Obeikan Investment Group 
Obeikan Investment Group is one of Saudi Arabia’s 100 largest companies, with more than 3,000 
employees and operations in 16 countries. Obeikan is a global leader of industry across a diverse range of sectors, inclusive of manufacturing, technology, education and health. 

Pictured at the Future Minerals Forum is EUR Chairman, Tony Sage, Obeikan Group CEO, Eng. Abdallah Obeikan, His Excellency the Minister of Industry and Mineral Resources for Saudi Arabia Mr Bandar AlKhorayef, His Excellency the Vice Minister of Industry and Mineral Resources for Saudi Arabia Eng. Khalid AlMudaifer, with advisors Mr. Scott Taylor and Mr Abdulaziz AlRebdi

Obeikan Digital Solutions earns 6-Stars as an Outstanding Best Practice in the International Best Practice Competition for 2022

Obeikan Digital Solutions earns 6-Stars as an Outstanding Best Practice in the International Best Practice Competition for 2022

by | Aug 9, 2022 | News

During the annual competition that gathers global best practices, Obeikan Digital Solutions one of Obeikan Investment Group subsidiaries was competing against 62 other best practices and was among the 14 international finalist from various categories. Obeikan Digital Solutions achieves 6-Stars as an outstanding best practice in the International Best Practice Competition for the year 2022, earning 6 stars and marking their place among leading businesses.

The employees came forth and expressed their gratitude to Eng. Abdullah Al-Obeikan for his continuous support and encouragement for innovation and improvement. They also gave credit to all Obeikan’s business units for the proper implementation and improvement of O3, the award-winning best practice, till exploiting international criteria and standards. This marks a milestone for Al-Obeikan group as this is the first international award for Obeikan.

The Digital Pioneers “Obeikan Digital Solutions (ODS)” along with Obeikan Investment Group (OIG) held a paramount event about the future of Smart Manufacturing and the impact of IoT & Industry 4.0.

The Digital Pioneers “Obeikan Digital Solutions (ODS)” along with Obeikan Investment Group (OIG) held a paramount event about the future of Smart Manufacturing and the impact of IoT & Industry 4.0.

by | Apr 3, 2022 | News

Riyadh, 30th of March 2022 – @OKA:

Obeikan Digital Solutions (ODS), the digital solutions pioneer in KSA along with its parent company “OIG – Obeikan Investment Group” hosted a paramount event about the future of smart manufacturing and how the ever-growing industry 4.0 and IoT technologies playing a vital role in its growth, with the presence of key partners & guests from the tech industry giving immersive insights and everything future talks.

Obeikan Group has been adopting the latest manufacturing technologies backed by AI & IoT across all its factories making Obeikan a smart manufacturing hub, thanks to Obekan’s digital arm, Obeikan Digital Solutions company which has a huge impact not only on the manufacturing level but making everything smart across all the verticals of the group, making Obeikan a pioneer in the smart manufacturing solutions and digital innovation.

As we look up to the future, it’s noteworthy that manufacturers and companies of different levels and different scales have an urging need more than ever for smart solutions for their business to grow. Eng. Saber Atiyeh, COO of ODS, said, “Today’s tech era is full of opportunities, challenges as well as threats, and for manufacturing companies to be able to survive and grow especially during the rapid industrialization we are witnessing in our country and across the globe, manufacturers have to seek smarter solutions for operating their businesses & factories and digitalization here is pivotal.”

He added “Most of the current business models which manufacturers are adopting are outdated, and we, at ODS, we took the privilege and courage to empower the industrial sector and the whole business ecosystem with cutting-edge digital solutions that have been launched from the heart of Obeikan Group to rejuvenate businesses and the way they operate. We are keen to fulfill this mission and boost the industry 4.0 within which “Smart Manufacturing” de facto fits to meet the business ecosystem needs.”

The visionary Eng. Abdullah Obeikan, CEO of Obeikan Group, commented, “We are driven by digital innovation and digitalization, and since the beginning of our successful digital transformation journey, we are on a mission to give back to our country’s industrial and business ecosystem unlocking businesses and manufacturers potentials and arm them with the success factors through our innovative digital solutions backed by world-renowned technologies to be ready for a different tomorrow.”

Obeikan and SAUR Sign a Strategic Partnership Agreement to Develop Mega Digital Platform for The Water Sector

Obeikan and SAUR Sign a Strategic Partnership Agreement to Develop Mega Digital Platform for The Water Sector

by | Feb 16, 2022 | News

Obeikan Group, a leading group in digital transformation and industry, and SAUR Group, a leading global provider of water and sanitation solutions, have signed a strategic partnership agreement to develop mega digital platform for water sector.

The signing ceremony took place on last Thursday, February 10, 2022, attended by some experts and officials in the two groups, at the Obeikan Group headquarters in the capital, Riyadh, where the agreement was signed on behalf of Obeikan by His Excellency Eng. Abdallah Obeikan –

CEO of Obeikan Group, and on behalf of SAUR by Patrick Blethon – CEO of the French SAUR Group.

Thanks to this partnership, Obeikan’s Digital Solutions will offer to our customers a Digital platform adding significant value to their operations through the integration of innovative Lean technology and practices. Obeikan’s industrial applications and digital services are helping many Saudi companies cultivate new enterprise insights and intelligence that enhance their competitiveness.

As a water expert, Saur will offer its complementary digital assets to optimize water services.

The partnership of these two companies will provide to utilities market an advanced suite to implement excellence on its operations.

Speaking at this occasion, Eng. Abdallah Obeikan – CEO of Obeikan Group said: “The strategic agreement with SAUR Group, comes as part of the promotion of the qualitative and influential partnership to form an advanced group in the water sector and to improve its operations to contribute effectively to achieving the Kingdom’s vision 2030.”

He also added: “We are pleased with this agreement, which will have – God willing – an effective impact in upgrading the services of this sector and opening new prospects for a sustainable economy.”

Patrick Blethon – CEO of the French SAUR Group, for his part, said: “I am delighted to be partnering with such a dynamic company, to combine the strengths of the Saur group with Obeikan’s cutting edge Lean technological expertise.

Our goal is to use digital and lean technologies as a lever for progress to give water the value it deserves. Through this partnership, we will develop the future of Saudi water services by aiming to become the champion of the water transition and ensure better preservation of water resources. We are proud to contribute to the Kingdom’s ecological and digital transformation in line with the Saudi Vision 2030.”

About Obeikan

Obeikan Group has extensive experience in the Kingdom of Saudi Arabia and the Middle East in the field of digital innovation and providing digital solutions to various sectors. This is consistent with the great ambition of SAUR Group to transform towards digitizing its services through its significant investments in digitization and innovation, where it incorporated cutting-edge technologies for the new wave of digitization such as artificial intelligence and analytics, and service innovations such as real-time scheduling or predictive maintenance, in line with its leading position in building and managing waters in future cities.

About SAUR

As a pure player in water and essential services, Saur works to protect the environment in the heart of the territories it serves. Saur has always acted to offer the same quality of service to small towns as to large cities, guided by its mission: to restore to water the value it deserves. Saur worldwide presence: Cyprus, Colombia, France, Italia, Netherlands, Poland, Portugal, Saudi Arabia Scotland, Spain. 2021 key figures: $2.0 billion Group net revenue, 9,500 local authorities and industrial clients contracted, 12,000 employees and 20 million consumers served worldwide. At a time when the challenges of the ecological transition are central to the problems faced by society worldwide, Saur is reasserting its

commitments to act; advocating and rallying all stakeholders to ensure a safer world for future generations.

Through this alliance, Obeikan and Saur are participating in the country’s “Vision 2030” modernization program, ensuring sustainable access to water resources and developing the digital economy

Obeikan Investment Group and The Suez Canal Company – Healthy Co. – signs a letter of intent to establish a modern integrated industrial complex for dairy products in Egypt.

Obeikan Investment Group and The Suez Canal Company – Healthy Co. – signs a letter of intent to establish a modern integrated industrial complex for dairy products in Egypt.

by | Jan 10, 2022 | News

In the presence of Lieutenant-General / Osama Rabie – Chairman of the Suez Canal Authority, Obeikan Investment Group and the Suez Canal Company – Healthy Co. – signed a (memorandum of understanding) (letter of intent) to establish a modern industrial complex in the new city of Ismailia to produce all dairy products. 

By adopting the latest manufacturing technologies and artificial intelligence, the complex will produce all dairy products of different types of cheese (feta – goudah – cheddar – flaming), all types of milk (sterilized – pasteurized – rib), yoghurt as well as milk powder with a capacity of 900 tons / day, all types of juices, concentrates and jams and the largest fruit sorting and sizing station using advanced technologies, with a capacity of 1200 tons/day. 

Notably, the project was designed by a consortium of major Egyptian contracting companies, which gained the admiration and appreciation of Lieutenant-General / Osama Rabie and General / Wissam Al-Diasty – President of Healthy Company and General Director of the Authority for the office of Mr. President of the Suez Canal Authority. 

Under this cooperation, Obeikan Investment Group and Suez Canal Company “Healthy” aim to achieve a common vision of promoting Industry 4.0 and developing the dairy industry in the region through cutting-edge technologies, smart manufacturing mechanisms and fostering sustainable development. 

The agreement was signed by Ayman Farrag the general manager of the group for the strategic projects. , on behalf of the Obeikan Group, and Major General/ Wissam Al-Diyasti, on behalf of the Suez Canal Authority. 

It is worth mentioning that the establishment of the industrial complex was carried out in cooperation with a number of the largest strategic partners who are experts in this field, such as; 

About Obeikan Investment Group 

Obeikan Investment Group (OIG) is a family-run business, founded in 1982 by the Obeikan family with headquarters in Riyadh. OIG has operations across Middle East Africa and Europe with a strong foothold in manufacturing, packaging, education, and health care, on top of being the leading provider of fully integrated packaging solutions in the region. OIG has a growing focus on digital transformation providing B2B, B2C and B2G business and industrial solutions. 

SANED Utilities to Become Officially on Schneider Electric Marketplace as a Qualified Digital Product

SANED Utilities to Become Officially on Schneider Electric Marketplace as a Qualified Digital Product

by | Oct 14, 2021 | News

Raising Efficiency through Innovation as a purpose, was the starting point of Saned Utilities. The innovative company uses advanced cloud technology and implementation of IoT & AI to build smart and state-of-the-art digital solutions that unlock far-out potentials for businesses, enabling them to hear and understand the voice of their equipment for the first time.

Saned Utilities has developed real-time monitoring solutions that are cloud-based, AI & IoT solutions, in addition to customizing and developing digital products that best fit businesses, which help them optimize decision-making and run smoothly tackling the simplest to the most complex operations.

And by reaching a new milestone, Saned Utilities has become a qualified product on Schneider Electric Marketplace, by this agreement, Saned Utilities and Schneider Electric drastically contribute to the industrial transformation in the Kingdome and the region through offering transformational digital products.

Schneider Electric & Saned Utilities aims to achieve their mutual vision by this cooperation, to foster industry 4.0 and smart manufacturing by nourishing the industrial and business ecosystem with best-in-class digital products through cutting-edge technologies and advanced solutions that are pivotal for businesses and manufacturers to achieve operational agility, business resilience, efficiency and sustainability in both the short and long run.

About Saned Utilities

Saned Utilities offers a variety of solutions so that you rest assured that your equipment’s performance will always be at its best.

Our cloud-based, real-time monitoring solution can listen to your equipment and help you proactively take decisions to optimize performance and energy efficiency anytime & anywhere. You can also work with our AI and IoT based solutions to take operational performance that extra step further.

Saned Utilities.
Think better. Act Faster

Find out more: https://sanedutilities.azurewebsites.net/

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About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On. Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

For more information please visit: https://www.se.com/ae/en/

About Obeikan Investment Group

Obeikan Investment Group (OIG) is a family-run business, founded in 1982 by the Obeikan family with headquarters in Riyadh. OIG has operations across Middle East Africa and Europe with a strong foothold in manufacturing, packaging, education, and health care. On top of being the leading provider of fully integrated packaging solutions in the region, OIG had a growing focus on digital transformation providing B2B, B2C and B2G business and industrial solutions.

Find out more: www.obeikan.com.sa