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Samara and Raya Holding “Launch Electric Golf Cart Assembly” in Saudi Arabia

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Samara Land Transportation Services Co., a subsidiary of Alturki Holding, has announced the launch of electric golf cart assembly manufacturing in Saudi Arabia through a newly established joint venture with Raya Holding, marking a significant step toward localized and sustainable mobility solutions in the Kingdom

The joint venture combines Samara’s strong local market leadership with the manufacturing and electric mobility expertise of Raya Holding, through its mobility arm and portfolio company Raya Auto. The initiative will establish a localized assembly facility, deliver comprehensive after-sales services, and support workforce development across key sectors including hospitality, tourism, construction, and urban development

Designed to meet the growing demand for efficient and environmentally friendly transportation, the project aligns closely with Saudi Vision 2030, supporting industrial localization, technology transfer, and job creation. Production is expected to exceed 3,000 electric golf carts over the next two years, contributing to the Kingdom’s sustainable mobility ecosystem

Strengthening Local Manufacturing and Sustainable Mobility

Bader AlShathry, Chairman of Samara Land Transportation Services Company in Saudi Arabia, stated that the partnership establishes a new “Saudi-assembled” standard, integrating advanced connectivity solutions with best-in-class after-sales support to deliver a premium customer experience rooted in long-term value

Ahmed Khalil, Group CEO of Raya Holding, emphasized that the joint venture represents a key milestone in Raya’s regional expansion, with four portfolio companies now operating in Saudi Arabia. He highlighted the importance of cross-regional partnerships in creating tangible economic impact and advancing sustainable growth

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Juan Carlos Azcona, CEO of Samara Land Transportation Services Company in Saudi Arabia, described the collaboration as a cornerstone in shaping the future of mobility in the Kingdom, while Mohamed El-Naggar, CEO of Raya Auto, noted that the venture builds on Raya Auto’s proven leadership in Egypt’s electric mobility sector, spanning golf carts, e-buses, and electric vehicles

By localizing assembly and delivering end-to-end solutions covering manufacturing, distribution, and after-sales, the joint venture aims to set new benchmarks for sustainable transportation and smart city development in Saudi Arabia