Saudi-based Obeikan Investment Group (OIG) announces a significant expansion of its presence within the Egyptian market with the opening of the headquarters for its digital subsidiary, Obeikan Digital Solutions (ODS), in Cairo, Invest-Gate reports.

The move is part of OIG’s strategy to provide the best-of-breed technologies to the business community, helping to drive digital transformation in the Egyptian market. The step is an integral part of Egypt’s Vision 2030 and aligns with Saudi Vision 2030.

OIG aims to become the business partner of choice in digital transformation in manufacturing, education, human capital management (HCM), and enterprises.

Abdallah Obeikan, CEO of Obeikan Investment Group, states: “Today, OIG is in the forefront of manufacturing, packaging, printing, supply chain, and education. With more than 3,000 employees and USD 1.6 bn assets, OIG operates in 16 countries through 20 factories and 25 companies, achieving a whopping USD 1 bn sales volume and 22 bn packs manufactured annually.”

For his part, Mohamed Khalil, Chief Commercial Officer of Obeikan Investment Group, comments: “Obeikan aspires to be the leading business partner in digital transformation in several key sectors namely; human capital management (HCM), industrial operations, manufacturing, enterprises, and education.”