Kyriba opens new data center in Saudi Arabia

user icon
GHADA.ISMAIL
calender icon
Oct 3, 2024
article image

Riyadh – Sharikat Mubasher: Kyriba, the global leader in liquidity performance, announced it will open a state-of-the-art data center in the Kingdom of Saudi Arabia in Q1 of 2025.

This expansion supports the Kingdom's 2030 vision initiative and emphasizes Kyriba's commitment to digital transformation, innovation, and sustainable regional growth, according to a press release.

The new data center will ensure full compliance with the Kingdom's regulatory mandates for data residency, empowering CFOs and treasurers with the confidence to optimize their liquidity performance.

Amer Chebaro, Sales Leader, CEMEA, Kyriba said: “Saudi Arabia's compliance regulations require that data be stored domestically and our new data center will help our customers meet these requirements. This investment also underscores our commitment to supporting our clients' digital transformation while helping them improve their overall liquidity performance.”

This data center will enhance the performance and reliability of Kyriba’s solutions, helping reduce latency while ensuring data remains secure within the region. This investment showcases Kyriba's unwavering commitment to delivering faster, more secure, and fully compliant experiences for its customers in Saudi Arabia, in line with local data sovereignty and regulatory mandates.

Kyriba offers CFOs a market-leading Liquidity Performance Platform that provides real-time visibility and control over global cash positions, transforming liquidity into a strategic growth lever. By localizing data storage, Kyriba is enhancing the user experience for its customers while providing them with an opportunity to securely boost operational efficiency, reduce latency and improve financial agility.


Share

Related News

Heerim Joins New Murabba to bring global design to Riyadh’s future downtown
News
Calendar Icon
July 10, 2025
Heerim Joins New Murabba to bring global design to Riyadh’s future downtown
Read More
Red Sea Authority licenses Maritime Solutions to offer coastal tourism activities
News
Calendar Icon
July 10, 2025
Red Sea Authority licenses Maritime Solutions to offer coastal tourism activities
Read More
New Murabba, Honeywell collaborate to advance smart infrastructure in Riyadh
News
Calendar Icon
July 10, 2025
New Murabba, Honeywell collaborate to advance smart infrastructure in Riyadh
Read More
BlueFive Capital raises $2bn GCC private equity fund
News
Calendar Icon
July 10, 2025
BlueFive Capital raises $2bn GCC private equity fund
Read More
E3. Ventures launches E3- AI launchpad accelerator to foster AI startups
News
Calendar Icon
July 10, 2025
E3. Ventures launches E3- AI launchpad accelerator to foster AI startups
Read More
UK’s 36Zero pacts with AstroLabs to expand into Saudi Arabia
News
Calendar Icon
July 9, 2025
UK’s 36Zero pacts with AstroLabs to expand into Saudi Arabia
Read More
Tamara, Amazon Payment Services offer split payments in Saudi Arabia, UAE
News
Calendar Icon
July 9, 2025
Tamara, Amazon Payment Services offer split payments in Saudi Arabia, UAE
Read More
Samsung Pay now live on Moyasar’s Payment Gateway
News
Calendar Icon
July 9, 2025
Samsung Pay now live on Moyasar’s Payment Gateway
Read More
stc powers up for Esports World Cup 2025
News
Calendar Icon
July 8, 2025
stc powers up for Esports World Cup 2025
Read More
Saudi Arabia maintains first position in Global Cybersecurity Ranking in 2025
News
Calendar Icon
July 8, 2025
Saudi Arabia maintains first position in Global Cybersecurity Ranking in 2025
Read More