Alhokair Group headquarters
Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) completed the establishment of Newrest Catering Services Co., a limited liability company specializing in catering, site and facility management and remote facility management, with a capital of SAR 100,000.
Alhokair Group owns 50% of Newrest Catering Services’ shares, while the remaining 50% is owned by Newrest, according to a statement to Tadawul.
The new company will begin its operations from the date of incorporation, the statement added.
In January, Alhokair Group signed a memorandum of understanding (MoU) with Newrest Group to establish a Saudi Arabia-based company operating in airline and inflight catering, airport lounges, as well as remote site and facility management services, according to data available on Argaam.
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