MoU signed in Riyadh: PROBIS strengthens German-Saudi cooperation in the presence of Minister Reiche

PROBIS is pleased to announce the signing of a strategic memorandum of understanding (MoU) with Shaheen AI in Riyadh. The signing took place on February 1 in the context of the delegation trip by Federal Minister for Economic Affairs and Energy Katherina Reiche. The minister was accompanied by a high-profile business delegation, including many CEOs of large companies, medium-sized businesses, and start-ups. PROBIS had the honor of being there and actively contributing to the dialogue between business, technology, and politics.

Signing in the presence of high-ranking representatives
The signing took place in the presence of H.R.H. Prince Abdulaziz bin Salman Al Saud and Federal Minister Reiche. The partnership is thus clearly marked by deeper bilateral cooperation and a joint economic program for the future.

The delegation trip focused on further developing economic cooperation and generating new momentum for growth, innovation, and stability. This environment is giving rise to concrete links between industry, small and medium-sized enterprises, and technology providers.
Through this partnership, PROBIS is contributing its financial command center expertise to the management, transparency, and forecasting of complex large-scale projects. Together with Shaheen AI, a platform is being created for data-based decisions throughout the entire project life cycle and for robust control processes in dynamic project environments.

Shaheen AI is a Saudi Arabia-based technology company focused on artificial intelligence and data-driven solutions for complex industrial and infrastructure projects.

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