World Service and Saudi Rus Invest - Alliance in Shipbuilding in the Middle East
On October 13, 2024, a solemn signing ceremony of a Memorandum of Understanding took place in the city of Jeddah, Kingdom of Saudi Arabia, between two leading companies – World Service and Saudi Rus Invest. This significant document marked the beginning of a strategic partnership aimed at creating a strong and effective alliance for joint activities in the development, implementation, and introduction of large-scale and promising projects in the field of shipbuilding. Within the framework of this cooperation, the main focus will be on the development of shipbuilding and ship repair capacities, as well as the implementation of advanced technologies in the countries of the Gulf Cooperation Council.
The signing of the memorandum became a key milestone in the history of the World Service Group, which is actively expanding its operations and taking significant steps towards entering new markets in the Arabian Gulf countries. This crucial step signals the start of the company’s ambitious and long-term expansion in a region with high economic and technological potential.
The memorandum is not only a platform for the successful implementation of modern and innovative projects, but also a starting point for sustainable and fruitful cooperation. The partnership will significantly strengthen the positions of both parties in the global market, contribute to the implementation of advanced solutions, and make a significant contribution to the development of the global shipbuilding industry.
