Almuftah Group and Oracle Corporation Signs Cloud Enterprise Agreement

Created on: 
2018-07-04
Almuftah Group and Oracle Corporation has signed a service agreement on business process management in a recent ceremony held at Almuftah Group’s office in Bin Mahmoud, Doha.

The contract agreement will give Oracle Corporation control of Almuftah Group’s Enterprise Resources Management (ERP) through its ERP Cloud Digital Transformation platform, including the management of its business processes like finance, procurement, Human Resources, attendance, and others.

During the signing ceremony, Mr. Ibrahim Almuftah, Managing Director of Almuftah Group, articulated that “as we continue to streamline and find efficiencies in our Group operations and services, we are glad to sign today a contract agreement with Oracle Corporation to help us achieve such objectives. We are looking forward to substantial improvements in our business process management.”

For his part, Mr. Alaa Jaber, Country Manager of Oracle Corporation Middle East, expressed that the deal will help Almuftah Group to be more competitive by “implementing cost-effective and timely solutions” and that they “are looking forward to providing improvements such as reduced ownership cost, timely upgrades, data security, and complete accessibility.”

The awarding was also attended by Mr. V.K.C. Chowdhry, Advisor to the Board, Mr. Mounir Ourfali, General Manager for manufacturing, Basel Srour, Senior Division manager at Almuftah Trading, V.S. Mannangi, Division Manager of Almuftah Contracting, Mr. Tarek Shehab, Division Manager of Almuftah Carpentry, Mr. Rami Yarvas, Chief Human Resources Officer, Mr. Khaled El Husseiny, Chief Finance Officer, and other company executives.

Almuftah Group is one of the biggest and most established business conglomerates in Qatar. It is catering to various industries, including trading, manufacturing, auto services, travel, logistics, television, marketing, advertising, catering, and many other sectors.