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"NUI - Almoayyed Unincorporated Joint Venture" between Nesma United Industries (NUI) and Almoayyed Contracting Group. This joint venture will undertake specified works as per awarded contracts. The joint venture agreement was signed on May 29, 2024, by Mr. Naif Alabeedi, Deputy CEO of NUI, and Mrs. Hala Almoayyed, Executive Director of Almoayyed Contracting Group. The agreement outlines a collaborative framework with clearly defined roles, shared responsibilities, and an organized approach to managing the projects. NUI will act as the leader and legal representative of the joint venture. A supervisory board, comprising representatives from both companies, will oversee the venture's operations, finances, and strategic decisions. We are confident that this partnership will leverage the strengths and resources of both organizations to achieve successful project outcomes. We look forward to working together and making significant contributions to the industry's growth and development