In a significant shift in the corporate landscape, GHRDC has announced a change in ownership. The company, a leading player in the Oil & Gas sector, is now under the control of Economic Group Holdings (Owned by H.H Sheikh Majid Bin Hamad Al Qassim) following a deal closed earlier this week. This acquisition is part of Economic Group Holdings ' strategic expansion plans to enhance its footprint in the global market.
The leadership of GHRDC assures stakeholders that the transition will be smooth, with a strong emphasis on maintaining continuity in operations and strategic direction. Economic Group Holdings has expressed commitment to investing in the growth of GHRDC, promising advancements in technology and an increase in production and services capabilities
This ownership change is expected to bring about innovative solutions and a broader range of products / services in the near future. Stay tuned for more updates on how this new ownership will shape the path forward for GHRDC.
