Wed. Oct 4th, 2023
    IQ Robotics Partners with BFL Group for Expansion into Saudi Arabia

    IQ Robotics, a UAE-based company specializing in AI-driven logistics solutions, has signed a significant agreement with Brands For Less Group (BFL Group). This partnership aims to facilitate BFL Group’s expansion into the Kingdom of Saudi Arabia by deploying state-of-the-art robots to facilitate omnichannel order processing.

    The agreement, which is valued at several million dirhams, marks the fourth robotics transformation collaboration for IQ Robotics. By implementing 130 advanced robots, BFL Group aims to improve the efficiency of its operations and enhance customer satisfaction in the rapidly growing e-commerce market.

    Fadi Amoudi, CEO of IQ Robotics, expressed his enthusiasm for this venture, stating that the establishment of a Center of Excellence in Riyadh will cater to the increasing demand for e-commerce in Saudi Arabia. This collaboration highlights the growing need for digital transformation in the logistics and supply chain sectors in the region.

    Ayman Beydoun, Deputy CEO & Group COO of BFL Group, emphasized the potential of robotics technology to revolutionize retail in Saudi Arabia. By leveraging AI and robotics, BFL Group aims to create a more efficient, customer-centric, and sustainable retail experience. This partnership is expected to shape the future of retail in Saudi Arabia and beyond.

    IQ Robotics, as a leader in supply chain solutions, enables businesses like BFL Group to capture opportunities in emerging markets. The company utilizes the latest logistics technologies, powered by Robotics and AI, to offer custom-tailored and cost-efficient solutions that enhance supply chain capabilities and drive exponential growth in the e-commerce industry.

    Overall, the collaboration between IQ Robotics and BFL Group represents a significant step towards digital transformation in the logistics and retail sectors of Saudi Arabia, ultimately aiming to provide an enhanced shopping experience for customers in the region.

    – IQ Holding: