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

UAE-based fintech firm Mal opens new office in Egypt
MUBASHER
Alwaleed Philanthropies, RDIA sign strategic R&D partnership
MUBASHER.SA
Saudi fintech lending to industrial projects reaches SAR 751 mn in 9M
MUBASHER.SA
HUMAIN partners with VUZ to advance AI Learning through HUMAIN+
MUBASHER.SA
THC signs $568mn Bombardier deal to launch business aviation fleet
MUBASHER

Related News

Private Equities News
Calendar Icon
Nov 15, 2026
UAE-based fintech firm Mal opens new office in Egypt
Read More
Private Equities News
Calendar Icon
Nov 15, 2026
Alwaleed Philanthropies, RDIA sign strategic R&D partnership
Read More
Private Equities News
Calendar Icon
Nov 15, 2026
HUMAIN partners with VUZ to advance AI Learning through HUMAIN+
Read More
Private Equities News
Calendar Icon
Nov 15, 2026
THC signs $568mn Bombardier deal to launch business aviation fleet
Read More
Private Equities News
Calendar Icon
Nov 12, 2026
FII Institute reschedules 10th Future Investment Initiative to October 2027
Read More
Private Equities News
Calendar Icon
Nov 12, 2026
Saudi Arabia secures high rankings in IMD’s 2026 AI Index
Read More
Private Equities News
Calendar Icon
Nov 12, 2026
Invest Qatar rolls out program to connect startups with global investors
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