Al-Othaim Investment Company Signs partnership agreement with EVIQ to Introduce EV Charging Stations Across Its Mall Network
Riyadh, Saudi Arabia – agreement Signing date – Al-Othaim Investment Company (AOIC) has signed a partnership agreement with the Electric Vehicle Infrastructure Company (EVIQ), a joint venture between the Public Investment Fund (PIF) and the Saudi Electricity Company (SEC), to explore the installation of electric-vehicle (EV) charging stations across AOIC’s portfolio of 11 malls in 10 cities across the Kingdom.
The collaboration aims to advance the Kingdom’s transition toward sustainable mobility, aligning with Saudi Vision 2030 and national ESG priorities. Through this partnership, EVIQ will conduct a comprehensive assessment of AOIC’s assets to identify optimal locations for EV charging infrastructure, enhancing accessibility for guests and supporting the broader adoption of electric vehicles nationwide.
Adel Al-Ghamdi, Group CEO of Al-Othaim Investment Company, said:
“This partnership represents a pivotal step in integrating sustainability into the heart of our developments. It strengthens our commitment to Saudi Arabia’s 2030 objectives, supports our guests’ evolving needs, and lays the foundation for a future where clean energy and convenience go hand in hand. We view this as the beginning of a long-term relationship with EVIQ, one that will eventually extend across our next-generation lifestyle hubs and hotels opening next year, including Othaim Park in Dammam and Jubail, and Othaim Circle in Al Khobar which we have recently showcased at Cityscape 2025.
From his side, Chief Commercial Officer, Al-Othaim Investment Company, Mr. Jihad Dirani, emphasized that this agreement represents a strategic step toward redefining the visitor experience in our malls, stating:
“At Al-Othaim Malls, we are committed to shaping the future of retail by integrating sustainability and technology into every part of our operations. Partnering with EVIQ allows us to provide our visitors with convenient access to EV charging solutions, reflecting our shared commitment to a greener, more connected Saudi Arabia. This partnership marks another milestone in Al-Othaim Malls’ journey toward smarter, more sustainable destinations across the Kingdom. Together, we are enabling a future where innovation, convenience, and environmental responsibility come together to enhance our customers’ experience and support the Kingdom’s transformation vision. Our collaboration with EVIQ reflects our dedication to investing in innovation, enhancing operational excellence, and contributing to building a more sustainable urban environment”.
The agreement also opens the door for future expansion of EV charging infrastructure within AOIC’s upcoming integrated lifestyle destinations, further reinforcing the company’s role in shaping sustainable urban living and modern guest experiences across Saudi Arabia.
Underscoring the collaboration, Mohammad Gazzaz, Chief Executive Officer of EVIQ, stated:
“Our partnership with Al Othaim Investment Company. represents a vital step in expanding the reach and accessibility of EV charging across The Kingdom. By integrating EVIQ’s charging technology within Al-Othaim’s diverse network of destinations, we are advancing our shared vision for sustainable urban development and mobility, fully aligned with Vision 2030’s environmental and innovation goals”.
About Al-Othaim Investment Company (AOIC)
Al-Othaim Investment Company is a leading lifestyle developer and operator of experience-led mixed-use destinations across Saudi Arabia. The company curates places that bring together culture, commerce, and community; blending retail, entertainment, hospitality, residential, and public spaces into vibrant destinations that support the Kingdom’s evolving urban future.
About EVIQ
EVIQ is the Kingdom’s national electric-vehicle infrastructure company, a joint venture between the Public Investment Fund (PIF) and Saudi Electricity Company (SEC). The company is developing a nationwide EV charging network to enable the transition toward sustainable mobility and reduce carbon emissions in line with Saudi Vision 2030.
