The Shoaibi Group and Rental Solutions and Services Inks Joint Venture Agreement for Saudi Arabia Operations

Released on: October 17, 2008, 11:52 am

Press Release Author: The Marketing Boulevard

Industry: Construction

Press Release Summary: The Shoaibi and Rental Solutions & Services to provide rental
chillers and temporary generators across all industries in Saudi Arabia.

Press Release Body: Kingdom of Saudi Arabia, The Shoaibi Group, a diverse group of
companies based in Saudi Arabia and Rental Solutions & Services LLC (RSS), a global
provider of rental power & cooling have recently signed a joint venture agreement to
supply temporary cooling and power services within the Kingdom of Saudi Arabia.

Khalid Al Shoaibi, The Shoaibi Group Director, says that EURThe Shoaibi Group is
committed to providing significant resources and in-depth local market knowledge in
chosen industrial sectors to deliver competitive advantages to its partners and
customers. The Shoaibi Group will be providing local market knowledge while RSS will
contribute an already very successful business model and niche technical
capabilities. There is a perfect synergy which will benefit Saudi ArabiaEUR(tm)s
industrial & commercial market.EUR

Mark Jenkins, Shoaibi Group Director, mentioned that EURSaudi ArabiaEUR(tm)s increasing
construction projects in all sectors will provide significant opportunities for this
venture.EUR

Milan Balac, Managing Director of Rental Solutions & Services says that EURThe Shoaibi
Group has provided RSS KSA with superb facilities and infrastructure that will
ensure we can make an immediate impact in The Kingdom of Saudi Arabia. Furthermore,
The Shoaibi Group, being one of the most diversified groups in Saudi Arabia will
open up several key markets for this new venture.EUR

Colin Cav(c), GM of RSS for Saudi Arabia says that EURWe can now provide excellent
products and services within KSA. Not only can we offer the full range of rental
cooling equipment, and generators, but we can further support our wide and diverse
customer base due to The Shoaibi GroupEUR(tm)s presence in major cities, which include
Dammam, Jeddah, Al Khobar, Riyadh, Madinah, Makkah, Jubail & Yanbu.EUR


ABOUT THE SHOAIBI GROUP

Established more than 30 years, The Shoaibi Group has an established reputation for
engineering excellence and reliability in the oil, gas, power, IT and
telecommunications sectors where it draws on local and international resources to
benefit both its partners and customers.

The Group achieves this aim through a network of joint venture companies,
partnerships and agencies in association with international and domestic companies.

The Group headquarters are located in Al Khobar, with subsidiaries in Dammam,
Riyadh, Jeddah and United Kingdom. Besides, the group operates through a number of
associated companies network worldwide.

The Shoaibi Group is a founding member of the Gulf Capital, Gulf One Bank, Venture
Capital Bank and Saudi United Cooperative Insurance Company.

ABOUT RSS

Rental Solutions & Services LLC (RSS) is a global provider of temporary power and a
leader in rental cooling solutions in the Middle East, offering reliable equipment,
flexible services and exceptional engineering services, at a moments notice.

RSS Temporary Cooling Solutions: includes high efficiency air-cooled chillers;
water-cooled modules, cooling towers and integral VFD pumps; wide range of fluid
pumps for various applications; variety of certified high pressure flexible hoses;
large inventory of fluid line components including double regulating valves,
non-return valves, strainers and associated equipment; automatic make-up water and
chemical treatment systems; in-house fabrication facilities for project-specific
installation requirements such as headers, reducers and connection points; remote
monitoring options are also available for all temporary chiller installations.


RSS Temporary Power Solutions: includes full range of acoustically containerized
generators; distribution boards, change-over panels and junction boxes; extended
range of environmentally safe fuel tanks; high current rating flexible power cables
for extreme ambient conditions.


RSS Turnkey Solutions: flexibility, rapid response and understanding the
requirements of our customers are successful elements in providing turnkey solutions
in power and cooling projects. Customers trust RSS because of our proven ability to
provide reliable and realistic solutions for any situation.

RSS in-house engineering and fabrication facility enables us to fully support,
manage and operate any temporary cooling and power application.

Web Site: http://www.rss.ae

Contact Details: Press Contact:
Robert Bagatsing
Rental Solutions & Services LLC
Suite Office 100
European Business Centre Building
Dubai Investment Park
P.O. Box 53220, Dubai, United Arab Emirates
Tel: + 971 4 8135100
Fax: + 971 4 8135109
Email: roberto.bagatsing@rss.ae
Web: www.rss.ae

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