2026 Joint Ventures
In 2026 the group formed two major joint ventures extending its presence across MENA and the GCC.
Strategic Metallurgical Venture
Steel trading, project development and industrial services across the Middle East and North Africa.
A joint venture with the Swiss/Luxembourgish global steel trader Trasteel Holding S.A., extending the group's industrial reach across the MENA region.
Partner
Trasteel Holding S.A.
Origin
Switzerland & Luxembourg
Sovereign Development Alliance
An end-to-end, investor-side governance and real estate development management platform for large-scale land banks across the UAE and GCC.
A partnership with Australia's PERIFA Developments introducing investor-side governance to large-scale land banks across the UAE and GCC markets.
Partner
PERIFA Developments
Origin
Australia — development arm of Versatile Group