IBM Launches Regional Headquarters in Riyadh, Saudi Arabia

The Ministry of Investment granted IBM executives a regional headquarters license

IBM Launches Regional Headquarters in Riyadh, Saudi Arabia

IBM, a global leader in hybrid cloud solutions, artificial intelligence (AI), and consulting services, has unveiled its new regional headquarters in Riyadh, underscoring the company's dedication to driving Saudi Arabia's digital transformation. The inauguration signifies a significant expansion of IBM's presence in the kingdom, building on its collaborative history dating back to 1947, where it has actively participated in national projects with the government and enterprise sectors.

A Landmark Expansion

The regional headquarters, inaugurated recently, stands as a testament to IBM's enduring commitment to Saudi Arabia. The company has been deeply involved in the kingdom's growth and development, collaborating on various national and economically significant projects over the decades. The Ministry of Investment acknowledged IBM's contribution by granting the company a regional headquarters license during a pivotal meeting on November 30, 2023. Dignitaries and government officials, including Khalid Al-Falih, Saudi Arabia's Minister of Investment, and Arvind Krishna, IBM's Chairman and CEO, attended the ceremony.

Building on a Rich Legacy

IBM's long-standing presence in Saudi Arabia has been characterized by a history of cooperation and collaboration. Since 1947, the company has actively engaged with the government and enterprise sectors, playing a crucial role in shaping the technological landscape of the kingdom. The recent inauguration of the regional headquarters reflects IBM's ongoing commitment to fostering technological advancement in Saudi Arabia.

Testament to Saudi Arabia's Business Environment

The decision to establish the regional headquarters in Riyadh is a strategic move by IBM, affirming its confidence in Saudi Arabia's business environment. Khalid Al-Falih, Minister of Investment, highlighted the kingdom's success in creating a conducive business environment and ecosystem that complements its world-class Information and Communication Technology (ICT) infrastructure. Such investments are seen as pivotal contributors to fostering innovation within the industry, reinforcing Saudi Arabia's global leadership in the digital transition.

A Vision for the Future

Arvind Krishna, IBM's Chairman and CEO, emphasized the company's commitment to the kingdom during the inauguration. He stated, "Today, we are reinforcing our longstanding commitment to the kingdom as we inaugurate our regional headquarters in Riyadh." Krishna underscored the transformative impact of technologies such as hybrid cloud and AI, noting IBM's pivotal role in assisting clients worldwide, including Saudi Arabia, in reshaping business models, boosting productivity, and fostering innovation.

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