Press releases, Reports & Disclosures for Sawaeed Holding P.J.S.C

Sawaeed Holding PJSC has acquired United International Group (UIG) and Progressive Real Estate Development from Emirates Stallions Group (ESG). This acquisition enhances Sawaeed's presence in the UAE's manpower and workers accommodation sectors, particularly in oil and gas, construction, and various industrial fields. The strategic move consolidates ESG's manpower services and workers accommodation businesses under Sawaeed, positioning it as the flagship platform in these sectors. This integration doubles Sawaeed's manpower resources and expands its capabilities to support the UAE's economic growth.