Sheikh Talal Zahid, chairman of the Zahid Group, recently hosted a dinner in Jeddah honoring Dr. Jim Owens, chairman and chief executive officer of Caterpillar Inc., the world's leading manufacturer of construction and mining equipment. Dr. Owens' visit to Saudi Arabia included meetings with senior management of Zahid Tractor & Heavy Machinery Co. Ltd., the exclusive distributor of Caterpillar in the Kingdom, and also meetings with key clients, culminating with a tour of Zahid Tractor's facilities in Jeddah. Welcoming Dr. Owens, Sheikh Fahad Y. Zahid, Executive Vice President of Zahid Tractor, said:” We are greatly honored by this landmark visit that underscores the key role our partnership with Caterpillar has played in the development of the Kingdom's construction industry over the past sixty years.” He added that “it is a role that continues to grow in importance as the Kingdom embarks on a new, long-term phase of development in which, this time round, mega-projects are the main feature, making the Kingdom one of the most attractive countries in the world in terms of investment opportunities that cover a wide range of residential and commercial real estate development, industrial expansion and infrastructure projects.”
