logo-en
  • Home
  • Companies
  • Investors
  • Opportunities
    • Home
    • SME Loans
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. LIG Nex1 lands Saudi office to strengthen its Middle East presence

LIG Nex1 lands Saudi office to strengthen its Middle East presence

GHADA.ISMAIL
Aug 18, 2025
New Riyadh facility to boost R&D, operations, and collaboration with local defense partners

Riyadh – Sharikat Mubasher: Seoul-based defense manufacturer LIG Nex1 expanded and relocated its office in Riyadh as part of a broader push to grow its footprint in the Middle East.

The opening ceremony was attended by Shin Ick-hyun, the company’s CEO, alongside Saudi officials and representatives from local defense firms, as reported by Yonhap News Agency. The new office will serve as a regional hub to support communications, operations, and research and development, the company said.

LIG Nex1, known for its precision-guided missiles and advanced weapons systems such as the long-range surface-to-air missile (L-SAM), is seeking to capitalize on rising regional demand amid ongoing geopolitical tensions. The company said the expansion will also strengthen after-sales support and deepen collaboration with Saudi and regional partners.

Tags

LIG Nex1
defense sector
expansion
Saudi Arabia
Share

Attract clients with your ad

Start Now

Trending

Saudi FoodTech Summit 2025 kicks off tomorrow
MUBASHER.SA
LINX completes major upgrade to Riyadh Center3
MUBASHER
Exel by Merak backs 17 gaming startups with $5.1mn
MUBASHER.SA
LIG Nex1 lands Saudi office to strengthen its Middle East presence
MUBASHER
Fahy secures $1.75mn from Impact46, Merak Capital to reshape mobile gaming
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Aug 18, 2025
Saudi FoodTech Summit 2025 kicks off tomorrow
Read More
Private Equities News
Calendar Icon
Aug 18, 2025
LINX completes major upgrade to Riyadh Center3
Read More
Private Equities News
Calendar Icon
Aug 18, 2025
Exel by Merak backs 17 gaming startups with $5.1mn
Read More
Private Equities News
Calendar Icon
Aug 18, 2025
LIG Nex1 lands Saudi office to strengthen its Middle East presence
Read More
Private Equities News
Calendar Icon
Aug 18, 2025
Ocean Network Express launches door delivery service in Saudi Arabia
Read More
Private Equities News
Calendar Icon
Aug 17, 2025
Nissan bets on Saudi Arabia to power its electrification goals
Read More
Private Equities News
Calendar Icon
Aug 17, 2025
Aramco inks $11bn deal with BlackRock-led consortium for Jafurah gas facilities
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
  • Opportunities
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher