06 - MAR - 2020

Protocol of Co-Operation Signed On 06th March 2020

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Samana Global Business Solutions (SGBS) and Gulf Bureau for Research and Economic Consultation (GBRC) are pleased to announce a strategic partnership for business in the Kingdom of Saudi Arabia.

With the potential that Saudi Arabia holds in the sectors of Hospitality, Information Technology, Horticulture, Infrastructure and Investments, Samana aims to expand its footprint in these services. With the management capabilities and domain expertise that has ensured success for the past twenty years of existence, Samana Business Group is confident that this partnership will help the group, gain growth in Saudi Arabia. There was a private event held at The Raviz, Calicut wherein the official announcement was jointly made by Dr. Tawfiq bin Abdul Azeez Al-Swailem (GBRS), Mr. C P Moosa Haji -Chairman (SGBS), Mr. O M A Rasheed - Group Managing Director (SGBS), Mr Sabith Koramba – Group Executive Director (SGBS). A Protocol of Co-operation Agreement was signed by both the Groups to officiate this partnership.

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Dr. Tawfiq bin Abdul Azeez Al-Swailem (GBRS) spoke about the ample opportunities the Kingdom of Saudi Arabia holds. He said that the confidence exhibited by the team at Samana Business Group makes him even more excited and hopeful about realizing these opportunities and the decision to go ahead with this partnership.

On the occasion, Mr. C P Moosa Haji (SGBS) said "A market may have potential that are highly promising. But getting a right strategic partner with a strong hold on the realities of the geography, makes it more promising to do business. This strategic partnership will take the group into a new decade of opportunities to create more growth for our investors, create more employment and success "

Mr O MA Rasheed (SGBS) expressed his delight in announcing the partnership as one that makes history; as it brings two strong groups from India and Saudi Arabia together to utilize each other's strengths in building a business base in Saudi Arabia. He also mentioned that this is one of the many expansions that SGBS has set out for in this decade and this would only be a beginning for better investment returns for its existing investors and exciting times are ahead for the company and its people.

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Mr Sabith Koramba (SGBS), presented the vote of thanks. He said on behalf of Team SGBS how glad and excited the company is with this strategic partnership and the immense possibilities it presents to both the groups.

Felicitation addresses were made by the senior members of the team SGBS: Mr P.M.A Sameer FCS (Chief Compliance Officer), Mr Raziq Ahmed FCA (Auditor), Mr. Sudheesh PV (Sr. Director-Corporate), Mr. Vinay Nair (COO – Hospitality Division - Dimora Hotels and Resorts), Mr. Sajan Odunghattu (COO- Samana Species), Mr Ajun Franklin (Executive Director Symptots)

About Samana Business Group
Samana Business Group is an investment and services company with successful existence for the past 20 years. Starting with a few investors in 2000, the company's investor base has now grown multitude including both domestic and foreign investments. The business spans across Hospitality, Urban Horticulture & Farming, IT Services Infrastructure and Healthcare. As a strong business group in India, Samana aims to expand its wings globally and replicate its success to new geographies and people.

About GBRC
Gulf Bureau for Research & Economic Consultation-GBRC established in 1984 an Economic / financial / IT Solutions management-consulting firm in Saudi Arabia. Al-Swailem Consulting Group - SCG - Accounting & Audit firm established in 1983 provides services in auditing, accounting & tax services. The Group has been providing consulting services since 1983 with its head office based in Riyadh, with branches in Jeddah & Al-Khobar. It has expanded it areas of activity to become a part of global network, a successful track record of over 2100 clients, numerous service the Group provides comprehensive and integrated businessmen services.

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