logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  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.

 

Tags

FPT
FII8
RHQ
Saudi Arabia
Share

Attract clients with your ad

Start Now

Trending

Kingdom inaugurates its Heavy Equipment Connect Forum at Dhahran Expo
MUBASHER.SA
Horizon partners with Northgate to support Swedish firms entering Saudi market
MUBASHER
Global event agency Catapult expands into Saudi Arabia backed by AstroLabs
MUBASHER.SA
Saudi Arabia to host WTM Spotlight Riyadh in September
MUBASHER.SA
RDI unveils Wadi Jeddah Innovation Hub to support startups
Riyadh – Sharikat Mubasher: The Research, Development, and Innovation Authority (RDI) officially launched the Wadi Jeddah Innovation Hub (WJIH), a new integrated district aimed at strengthening the Kingdom’s innovation ecosystem and supporting startups, investors, and knowledge-driven businesses.Developed by Wadi Jeddah Company, the facility brings together office space, incubators, accelerators, and development plots within a single innovation-focused environment. The project includes 57 startup headquarters, seven office buildings, and more than 53,000 square meters of administrative and commercial space, alongside 28,500 square meters of planned development land.The Hub is designed to serve startups, established companies, and investors, offering shared workspaces, business services, and dedicated areas for events and collaboration. It adopts an integrated operating model that combines international expertise with local capabilities.As part of its global positioning, the project has entered a strategic partnership with Cambridge Innovation Center (CIC) to operate the innovation hub and link it to an international network of more than 650,000 innovators worldwide.For his part, Sattam bin Saud Lingawi, CEO of Wadi Jeddah Company, said the hub aims to incubate 30 startups annually. The program, which began three months ago, has already supported 10 companies working across sectors including healthcare, smart cities, food tech, and IT.Wadi Jeddah Company, King Abdulaziz University’s investment arm, attracts both local and international companies, from inside and outside the university, with the goal of turning innovative ideas, research, and patents into economic projects. The hub’s programs last nine months, divided into three stages, offering tailored support based on each startup’s activity, resources, and target product.

Related News

Private Equities News
Calendar Icon
Feb 3, 2026
Kingdom inaugurates its Heavy Equipment Connect Forum at Dhahran Expo
Read More
Private Equities News
Calendar Icon
Feb 3, 2026
Horizon partners with Northgate to support Swedish firms entering Saudi market
Read More
Private Equities News
Calendar Icon
Feb 3, 2026
Global event agency Catapult expands into Saudi Arabia backed by AstroLabs
Read More
Private Equities News
Calendar Icon
Feb 3, 2026
Saudi Arabia to host WTM Spotlight Riyadh in September
Read More
Private Equities News
Calendar Icon
Feb 3, 2026
RDI unveils Wadi Jeddah Innovation Hub to support startups
Read More
Private Equities News
Calendar Icon
Feb 3, 2026
PwC to open more offices across Saudi Arabia
Read More
Private Equities News
Calendar Icon
Feb 3, 2026
PMI eases to 56.3 as Saudi non-oil sector expands
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher