Riyadh - Sharikat Mubasher: The Egyptian digital transformation enabler Giza Systems plans to invest $140 million in 2024 to expand its footprint in the Saudi market, the company’s CEO Osama Sorour announced.

Giza Systems intends to inject total investments of $200 million in 2024 to broaden its business portfolio, Sorour stated in an interview with Asharq Business.

The CEO clarified that Saudi Arabia is one of the most attractive markets for investments thanks to its large business volume across diverse sectors.

He noted that Giza Systems aspires to provide integrated technology solutions and emerging technologies in various fields, including communications, oil and gas, infrastructure, manufacturing, and more.

Sorour added that some of the new investments will be allocated to open new markets in the Gulf region as the company aims to start operations in Kuwait and Oman in 2024.

Giza Systems is a leading systems integrator in the MEA region. It designs and deploys industry-specific technology solutions for asset-intensive industries such as the telecoms, utilities, oil and gas, hospitality, and real estate among other market sectors.