logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Aba Technology plans to expand its presence in Saudi Arabia

Aba Technology plans to expand its presence in Saudi Arabia

GHADA.ISMAIL
Apr 15, 2025
Moroccan firm boosts investment in IoT, cybersecurity, and telemedicine across the Middle East

Riyadh – Sharikat Mubasher: Aba Technology, a leading Moroccan tech group, is planning to enter the Saudi market as part of its broader strategy to expand across the Middle East, according to Group CEO Mohamed Benouda.

Speaking to Asharq Business on the sidelines of GITEX Africa in Marrakech, Benouda revealed that the company has invested approximately $40 million over the past five years. These investments include semiconductor manufacturing facilities in Morocco and dedicated research centers focused on engineering, cybersecurity, Internet of Things (IoT), and telemedicine.

He noted that the Middle East presents significant opportunities, particularly in Saudi Arabia, where the technology landscape is maturing rapidly. Benouna explained that the company is exploring a market entry in the Kingdom to better support its partners and tap into the region’s potential.

Aba Technology operates across several high-impact sectors, including healthcare, artificial intelligence, smart city management, and logistics. The group currently has a presence in Morocco, France, and Spain, and earlier this year acquired the UAE-based Modern Clinic Group, a provider of telemedicine and digital healthcare services.

The company’s move into Saudi Arabia aligns with its mission to scale its innovative tech offerings and contribute to digital transformation initiatives across the region.

Tags

Aba Technology
expansion
Saudi Arabia
Share

Attract clients with your ad

Start Now

Trending

Aramco Ventures, Olayan Group participate in Emerald AI $150mn Series A round
MUBASHER
HUMAIN, Microsoft team up to scale AI in Saudi Arabia
MUBASHER.SA
QIA leads $200mn Series D round for US-based Gatik
MUBASHER
Kafalah guarantees exceed SAR 100bln as SME financing expands
MUBASHER.SA
Stellaria raises $6.8mn seed round to expand technical capabilities
MUBASHER

Related News

Private Equities News
Calendar Icon
Aug 26, 2026
Aramco Ventures, Olayan Group participate in Emerald AI $150mn Series A round
Read More
Private Equities News
Calendar Icon
Aug 26, 2026
HUMAIN, Microsoft team up to scale AI in Saudi Arabia
Read More
Private Equities News
Calendar Icon
Aug 26, 2026
Kafalah guarantees exceed SAR 100bln as SME financing expands
Read More
Private Equities News
Calendar Icon
Aug 26, 2026
HUMAIN pacts with Mistral to advance sovereign AI in Saudi Arabia
Read More
Private Equities News
Calendar Icon
Aug 26, 2026
Tencent Cloud partners with TruKKer to expand Saudi operations
Read More
Private Equities News
Calendar Icon
Aug 26, 2026
Saudi Arabia, BIE sign See Agreement for Expo 2030 Riyadh
Read More
Private Equities News
Calendar Icon
Aug 26, 2026
NTT DATA to participate in LEAP 2026, showcase AI-powered intelligent infrastructure
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