The Exclusive Representation Agreement for VMF Technology in Saudi Arabia was awarded to Saudi Masar. The meetings were held in Dubai, the parties that attended and negotiated the deal where Mr. Stephan Hirzel, the Managing Director of Hirzel Ventures, the prominent business man from Jeddah, Mr. Fahed Al Mugeirin, who is the Chairman of Saudi Masar, and Mr. Ali Al Shawy, the Associate Partner of Hirzel Ventures.
Both parties look forward to collaborate on introducing VMF Technology to the KSA market which will be a crucial benefit for KSA in terms of advanced exploration for Petroleum, Minerals and Groundwater, keeping track on the exact figures of raw materials and reserves below the ground.
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May 2019
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