14 Rabi' I 1445 - 29 September 2023
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Eye of Riyadh
Cars & Autos | Monday 28 August, 2023 3:18 pm |

An agreement between AutoWorld and Almajdouie Automotive Co. To supply more than 1,100 vehicles.

In continuation of the company’s programs to find sustainable solutions in the transportation and communications sectors, Almajdouie Automotive Co., the authorized distributor of Hyundai & Genesis cars in the Eastern and Northern regions, signed this week an agreement with AutoWorld Car leasing to supply a number of new model 2024 Hyundai cars.

This agreement includes providing AutoWorld with about 1,000 Hyundai cars, model 2024, and about 100 Hyundai electric cars recently unveiled in the Saudi market, to participate in sustainable transportation solutions and support initiatives to maintain a clean environment.

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The agreement was signed at the headquarters of Almajdouie Automotive Co., in the presence of Mr. Ahmed Saud Abbasi, Chief Executive Officer and Eng. Emad Saleh Rajab, Chief Operating Officer of AutoWorld, in addition to the senior managers of both companies. This agreement comes as a continuation of the programs and initiatives of Almajdouie Automotive Co. In supporting sustainability and clean transport and communications solutions launched years ago in line with Saudi Vision 2030.

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On this occasion, and after signing the agreement, Mr. Ahmed Saud Abbasi stated: “This agreement will complete our programs in providing transportation solutions for the community. It is of great importance to continue our initiatives.” He also said: “The high demand for electric cars is increasing every day and at a high pace, and we have to meet the market’s need because we are playing a vital role in finding new solutions in the transportation sector, and we, at Almajdouie, will support to our partners by providing them with high-level services ".

AutoWorld, owned by SEDCO Holding Group, is one of the first companies operating in the field of car leasing and maintenance services. It has extensive experience for more than 40 years and has a network of branches in all regions and cities of the Kingdom.

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