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  2. FPT lands its regional headquarters in Saudi Arabia

FPT lands its regional headquarters in Saudi Arabia

GHADA.ISMAIL
Oct 31, 2024
Vietnam's FPT to expand its footprint in Kingdom

Riyadh – Sharikat Mubasher: FPT, one of the largest information technology service companies in Vietnam, announced the inauguration of its regional headquarters in Riyadh, Saudi Arabia, as part of its global expansion strategy to meet the rising demand for digital services and solutions.

The inauguration ceremony was held within the framework of the Vietnamese Prime Minister's working visit to Saudi Arabia where he attended the 8th Future Investment Initiative (FII) Conference, according to the company’s press release.

This is the first Vietnamese enterprise authorized for regional operations in Saudi Arabia, the capital of the largest economy in the Gulf region.

Addressing the ceremony, the Prime Minister welcomed FPT's inauguration of the office in the Middle East, expressing gratitude to the Saudi Arabian agencies for their support and assistance for FPT.

Rimah Ghaddar, FPT Software Middle East Chief Executive Officer added: "Our new regional headquarters symbolizes our firm commitment to Saudi Arabia's journey to becoming the Middle East's leading technology hub. FPT remains steadfast with our commitment to enabling speed, agility, and scalability for our regional customers and promoting cross-border collaborations".

FPT's strategic focus on AI, integrated into all its services and solutions, aligns with Saudi Arabia's Vision 2030, which aims to diversify the economy, foster innovation, and enhance public services through technological advancements.

Since establishing its first office in the Middle East in 2020, FPT has rapidly expanded its footprint, experiencing significant growth with key clients across various sectors.

Leveraging its global expertise and technology, FPT is poised to drive transformative change and contribute to the Kingdom's and the region's ambitious development goals, while strengthening global partnerships and building strong regional collaborations.

 

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Saudi Energy to deliver power infrastructure to Expo 2030 Riyadh site
Riyadh - Sharikat Mubasher: Saudi Energy signed a Power Supply and Implementation Agreement with Expo 2030 Riyadh Company, wholly owned by the Public Investment Fund (PIF), to deliver the power infrastructure required across the Expo 2030 Riyadh site.The agreement was signed by Khalid AlGhamdi, Chief Executive Officer of Saudi Energy, and Talal Al-Marri, Chief Executive Officer of Expo 2030 Riyadh, according to the official statement,The deal aims to establish the electrical infrastructure required to meet the power demands of Expo 2030 Riyadh. This includes the construction of a bulk supply point, three primary substations, and all associated transmission and distribution infrastructure.Leading Saudi companies, including Alfanar, Haif Company, Trading and Development Partnership, and Al-Babtain Power & Telecom Company, will support the execution of these worksAlGhamdi highlighted that the agreement reflects the critical role of Saudi Energy in supporting major national projects by developing a reliable and highly efficient power infrastructure.He emphasized that Saudi Energy will deploy its capabilities and expertise to execute Expo 2030 Riyadh’s electric supply requirements to the highest standards of quality and operational performance, supporting the readiness of this global event and aligning with the Kingdom’s development goals.For his part, Al-Marri said: “The agreement marks another important milestone, reflecting the accelerated progress across the various workstreams underway on site and reinforcing its readiness in line with the established delivery schedule.”He noted that the partnership with leading Saudi national companies reflects confidence in local capabilities and expertise, and their ability to deliver projects of this scale and ambition in line with the highest technical and operational standards. Moreover, the agreement marks a significant step toward securing the critical utility requirements of Expo 2030 Riyadh and enabling the timely development and successful opening of the event. 

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