Servcorp investments in Kingdom worth SAR 210 mn

NOHA.GAD
Nov 21, 2024

Riyadh - Sharikat Mubasher: Servcorp, a global provider of workspace solutions founded in Australia, injected investments worth SAR 170 million in the Saudi market and plans to invest SAR 40 million to open new branches in the Kingdom, Head of Operations Nicolas Hanna revealed.

With 14 branches across Saudi Arabia, Servcorp plans to open four new branches in the Kingdom within the next six months, Hanna stated in an interview with Alarabiya Business.

He noted that Servcorp relocated its regional headquarters to Riyadh in October to manage its operations in the Middle East, Europe, and the US across over 45 branches.

With more than 150 locations worldwide, the company has a strong presence in the Middle East notably in Saudi Arabia, UAE, Kuwait, Qatar, Bahrain, Lebanon, and Türkiye.

Servcorp has established a presence in the Saudi market for 15 years, operating in strategic cities such as Riyadh, Jeddah, Al Khobar, and Medinah, Hanna added.

He clarified that the company aspires to solidify its presence in the Kingdom by expanding into new regions within the upcoming period.

Hanna stated that Servcorp invests heavily to upskill local talents as Saudis occupy more than 60% of administrative positions, with women representing more than 65% of work teams

Servcorp offers a wide range of workspace solutions, including office spaces, virtual offices, and meeting rooms across the world, in addition to providing technical and administrative support to cater to customers’ needs.


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