April 16, 2025

Arab Contractors exploring cooperation with CBZ Holding

Eng. Ahmed El Adlany - Board Member of the Arab Contractors Company, met with a delegation from Zimbabwe’s CBZ Holdings Group, headed by Mr. Lawrence Nyazimi – CEO of CBZ, and Mr. Patrick Matute - Group General Manager to enhance partnership and cooperation between the two parties. The CBZ Group is a leading financial player on the African continent, offering integrated financial services across the banking, insurance, and investment sectors, in addition to its pivotal role in financing major development projects in Zimbabwe, such as water, roads, energy, and housing. The meeting was attended by Eng. Lubna Shatla – Manager of Business Development and Strategic Studies. This meeting was held to discuss and explore opportunities for joint cooperation in vital areas, most notably the design and implementation of advanced infrastructure projects, such as modern road networks linking urban and rural areas, in addition to the development of drinking water and wastewater treatment plants and networks. This meeting reflects both parties’ interest in exchanging expertise and unifying efforts to implement development projects with a tangible impact on citizens’ lives. Besides, it underscores the Arab Contractors commitment to building sustainable strategic partnerships with major, experienced institutions, such as CBZ Holdings, in support of comprehensive development and infrastructure enhancement on the African continent.