PHOTO
Dhahran, Saudi Arabia : Alturki Holding has committed to participate in the next IKTVA Forum and Exhibition as a Diamond Sponsor. The Forum, which runs from January 24-26, 2022, at the Dhahran Exhibition Center, is a content localization initiative by Saudi Aramco, designed to drive increased investment, job creation, research and development, and local supply chain development within the Kingdom. As a Diamond Sponsor, Alturki Holding demonstrates the highest level of commitment to IKTVA’s goals, and alignment with the Kingdom’s value localization initiative under the ambitious Saudi Vision 2030.
Commenting on Alturki’s participation at the Forum, Mr. Rami Alturki, President & CEO Alturki Holding, said: “As a premier investor and partner of choice for building sustainable businesses in Saudi Arabia, it is our responsibility to support value localization initiatives like IKTVA which is producing long-term tangible benefits such as quality jobs for a growing Saudi population, innovation, and diversification of industry, and increased global competitiveness.”
IKTVA is designed to encourage and reward local content use and drive domestic value creation by working with suppliers to achieve mutual benefits. It prioritizes consistency and transparency to create a level playing field for local and international suppliers of Saudi Aramco.
“We believe value localization is one of the keys to sustained socio-economic development, and we are proud to be increasing the IKTVA scores across our portfolio of businesses, to create value in every aspect of our business, maximizing long-term sustainable growth,” Mr. Alturki added.
Mr. Alturki also noted that Alturki Holding is investing further towards localizing technology and knowledge, to build competitiveness, drive innovation, and create opportunities in the Saudi manufacturing sector. Along with acquiring technological capabilities, and driving digital transformation, the Company is placing special focus on investing in human capital development in order to achieve its ambitious objectives.
-Ends-
Contact:
Anas Aljuraifani
Corporate Communications, Sustainability and Strategic Partnerships Director
anas.aljuraifani@alturkiholding.com
© Press Release 2022
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
