Money and business
“Ban Holding” announces its exit from its partnership with “Neorest”

The Pan Holding Group Company announced that it was expressed from partnership with Neorest to provide subsistence and supply services.
On March 6, 2024, the company announced the establishment of a partnership with Neorest to provide subsistence and supply services, while it had 50%.
According to the company’s statement on the circulation of Saudi Arabia, the Pan Holding Group Company will completely operate and manage all subsistence projects, which enhances its operational capacity and supports its strategy for sustainable growth, in order to achieve added value for its shareholders by achieving the returns of current and future projects by 100% for the company.
She explained that this development reflects the company’s commitment to expanding its business in the subsistence and catering sector, and enhancing its operational efficiency to ensure the provision of high -quality services according to the highest standards. This trend comes after the group’s success in starting its work in subsistence and supply projects in NEOM and achieving high satisfaction rates from its customers, which supports the group’s strategy to expand in the field.
The Abdul Mohsen Al -Hokair Group for Tourism and Development announced the latest developments in signing a memorandum of understanding with the New Rist Company for the purpose of establishing a company.
On March 6, 2024, the company announced the establishment of a partnership with Neorest to provide subsistence and supply services, while it had 50%.
According to the company’s statement on the circulation of Saudi Arabia, the Pan Holding Group Company will completely operate and manage all subsistence projects, which enhances its operational capacity and supports its strategy for sustainable growth, in order to achieve added value for its shareholders by achieving the returns of current and future projects by 100% for the company.
She explained that this development reflects the company’s commitment to expanding its business in the subsistence and catering sector, and enhancing its operational efficiency to ensure the provision of high -quality services according to the highest standards. This trend comes after the group’s success in starting its work in subsistence and supply projects in NEOM and achieving high satisfaction rates from its customers, which supports the group’s strategy to expand in the field.
The Abdul Mohsen Al -Hokair Group for Tourism and Development announced the latest developments in signing a memorandum of understanding with the New Rist Company for the purpose of establishing a company.
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