Latest news with #MinistryofInvestmentofSaudiArabia
Broadcast Pro
10-07-2025
- Business
- Broadcast Pro
Ericsson establishes new regional headquarters in Riyadh
Ericsson has inaugurated its new regional headquarters in Riyadh, Kingdom of Saudi Arabia (KSA). The new headquarters reflects Ericssons strong commitment to the Kingdom and the strategic role of the country in the companys regional operations across the Middle East and Africa. The ceremony was attended by His Excellency Eng. Haytham AlOhali, Vice Minister at […] Ericsson has inaugurated its new regional headquarters in Riyadh, Kingdom of Saudi Arabia (KSA). The new headquarters reflects Ericssons strong commitment to the Kingdom and the strategic role of the country in the companys regional operations across the Middle East and Africa. The ceremony was attended by His Excellency Eng. Haytham AlOhali, Vice Minister at Ministry of Communications and Information Technology; His Excellency Dr. Abdullah A. Aldubaikhi, Assistant Minister of the Ministry of Investment of Saudi Arabia (MISA); Her Excellency Petra Menander, Swedish Ambassador to Saudi Arabia; Börje Ekholm, President and Chief Executive Officer of Ericsson Group; and Patrick Johansson, President of Europe, Middle East and Africa at Ericsson in addition to other Ericsson leadership team members. Also present were Eng. Olayan bin Mohammed Alwetaid, Chief Executive Officer of stc Group, and Eng. Nezar H. Banabeela, Chief Executive Officer of Mobily. The event featured discussions around the evolution of network technologies, the roadmap to 6G, and the impact of Vision 2030 on shaping long-term innovation strategies. With a strong focus on collaboration, talent development, and 5G leadership, Ericsson emphasised on the importance of cross-sector engagement and technological advancement in building an inclusive digital infrastructure for Saudi Arabia and the wider region. His Excellency Dr Abdullah A. Aldubaikhi, Assistant Minister of the Ministry of Investment of Saudi Arabia (MISA), said: 'The establishment of Ericssons regional headquarters in Riyadh reinforces Saudi Arabias position as a leading destination for global investment in advanced technologies. It also aligns with our national ambition to build a dynamic digital economy and foster innovation-led growth. We look forward to continued collaboration with global partners like Ericsson to unlock new opportunities and enable sustainable, technology-driven development across the region.' His Excellency Eng. Abdulrahman AlMufadda, Deputy Minister of Communications and Information Technology for Telecom and Digital Infrastructure, added: 'This milestone reflects the confidence that global companies have in the Kingdom and underscores its growing status as a regional hub for technology and innovation. We thank Ericsson for its strategic partnership and for strengthening its regional presence through Riyadh, which serves as a center for technology and innovation in the region. This strategic presence contributes to realizing the goals of Saudi Vision 2030 by empowering national talent, advancing technological innovation and artificial intelligence, and building a knowledge-based digital economy. In this context, global partnerships are a key driver of progress, accelerating the adoption of emerging technologies and shaping a more connected and sustainable future.' Eng. Olayan bin Mohammed Alwetaid, Chief Executive Officer of stc group, stated: 'Ericssons new regional headquarters in Riyadh represents an important step for us at stc, as the regions digital enabler, in strengthening digital infrastructure, innovation, and digitization across the region. This move reflects the long-standing partnership with Ericsson, and we highly value its contributions to the development of emerging technologies and digital infrastructure. We look forward to continuing our collaboration to deliver world-class connectivity and unlock new horizons for growth and innovation.' Eng. Nezar H. Banabeela, Chief Executive Officer of Mobily, commented: 'The inauguration of Ericssons regional headquarters in Riyadh highlights the Kingdoms global leadership in the digital transformation. At Mobily, we are proud of our strong and long-standing partnership with Ericsson, built on a shared vision to enhance the efficiency of digital infrastructure and strengthen its role in positioning the Kingdom as a regional digital hub for technology and innovation.' Dr. Talal bin Ahmed Al-Sudairy, Senior Vice President for Research and Development at King Abdulaziz City for Science and Technology, remarked: 'The partnership between King Abdulaziz City for Science and Technology and Ericsson reflects our shared commitment to driving innovation and developing advanced connectivity solutions in the Kingdom. The opening of Ericssons new regional headquarters marks an important step in strengthening this collaboration. Joint initiatives, such as the Blink Lab, contribute to accelerating the development of future connectivity technologies and use cases that require ultra-reliable communication such as gaming and immersive experiences and supporting local innovation ecosystems in alignment with the objectives of Saudi Vision 2030.' Patrick Johansson, President of Ericsson Europe, Middle East and Africa, said: 'The establishment of our new Middle East and Africa regional headquarters in Riyadh strengthens our presence in the region. This is a pivotal step in our journey to support digital growth, innovation, and collaboration. The new headquarters will also enable us to further deepen our close partnerships with customers and partners, accelerate the adoption of advanced technologies, and build a more connected future.' Saudi Arabia continues to play a central role in Ericssons regional strategy. The company has contributed to the development of the Kingdoms telecommunications sector by expanding mobile infrastructure, supporting the adoption of 5G, and enabling digital transformation. Ericssons Gen-E Graduate Programme has been hosted at the 5G Innovation Hub in Riyadh since 2018, professionally developing over 190 Saudi graduates from leading national and international universities, with women making up 50% of the cohort. The programme provides comprehensive training on Ericssons technologies, tools, and methodologies, including technical workshops led by Ericssons experts and the Ericsson KSA leadership team. Since its launch, it has contributed to the development of diverse 5G and Internet of Things (IoT) use cases across multiple sectors like robotics, 5G edge computing, and mixed reality monitoring and control, supporting Saudi Arabias innovation and digital transformation efforts. Over the years, Ericsson has closely partnered with stc, Mobily, Zain KSA, King Abdullah University of Science and Technology (KAUST), and King Abdulaziz City for Science and Technology (KACST) on initiatives focused on research, innovation, and the development of advanced connectivity solutions.
Channel Post MEA
10-07-2025
- Business
- Channel Post MEA
Ericsson Establishes New Regional HQ In Riyadh
The ceremony was attended by His Excellency Eng. Haytham AlOhali, Vice Minister at Ministry of Communications and Information Technology; His Excellency Dr. Abdullah A. Aldubaikhi, Assistant Minister of the Ministry of Investment of Saudi Arabia (MISA); Her Excellency Petra Menander, Swedish Ambassador to Saudi Arabia; Börje Ekholm, President and Chief Executive Officer of Ericsson Group; and Patrick Johansson, President of Europe, Middle East and Africa at Ericsson in addition to other Ericsson leadership team members. Also present were Eng. Olayan bin Mohammed Alwetaid, Chief Executive Officer of stc Group, and Eng. Nezar H. Banabeela, Chief Executive Officer of Mobily. The event featured discussions around the evolution of network technologies, the roadmap to 6G, and the impact of Vision 2030 on shaping long-term innovation strategies. With a strong focus on collaboration, talent development, and 5G leadership, Ericsson emphasized on the importance of cross-sector engagement and technological advancement in building an inclusive digital infrastructure for Saudi Arabia and the wider region. His Excellency Dr. Abdullah A. Aldubaikhi, Assistant Minister of the Ministry of Investment of Saudi Arabia (MISA), says: 'The establishment of Ericsson's regional headquarters in Riyadh reinforces Saudi Arabia's position as a leading destination for global investment in advanced technologies. It also aligns with our national ambition to build a dynamic digital economy and foster innovation-led growth. We look forward to continued collaboration with global partners like Ericsson to unlock new opportunities and enable sustainable, technology-driven development across the region.' His Excellency Eng. Abdulrahman AlMufadda, Deputy Minister of Communications and Information Technology for Telecom and Digital Infrastructure, says: 'This milestone reflects the confidence that global companies have in the Kingdom and underscores its growing status as a regional hub for technology and innovation. We thank Ericsson for its strategic partnership and for strengthening its regional presence through Riyadh, which serves as a center for technology and innovation in the region. This strategic presence contributes to realizing the goals of Saudi Vision 2030 by empowering national talent, advancing technological innovation and artificial intelligence, and building a knowledge-based digital economy. In this context, global partnerships are a key driver of progress, accelerating the adoption of emerging technologies and shaping a more connected and sustainable future.' Eng. Olayan bin Mohammed Alwetaid, Chief Executive Officer of stc group, says: 'Ericsson's new regional headquarters in Riyadh represents an important step for us at stc, as the region's digital enabler, in strengthening digital infrastructure, innovation, and digitization across the region. This move reflects the long-standing partnership with Ericsson, and we highly value its contributions to the development of emerging technologies and digital infrastructure. We look forward to continuing our collaboration to deliver world-class connectivity and unlock new horizons for growth and innovation.' Eng. Nezar H. Banabeela, Chief Executive Officer of Mobily, says: 'The inauguration of Ericsson's regional headquarters in Riyadh highlights the Kingdom's global leadership in the digital transformation. At Mobily, we are proud of our strong and long-standing partnership with Ericsson, built on a shared vision to enhance the efficiency of digital infrastructure and strengthen its role in positioning the Kingdom as a regional digital hub for technology and innovation.' Dr. Talal bin Ahmed Al-Sudairy, Senior Vice President for Research and Development at King Abdulaziz City for Science and Technology, says: 'The partnership between King Abdulaziz City for Science and Technology and Ericsson reflects our shared commitment to driving innovation and developing advanced connectivity solutions in the Kingdom. The opening of Ericsson's new regional headquarters marks an important step in strengthening this collaboration. Joint initiatives, such as the Blink Lab, contribute to accelerating the development of future connectivity technologies and use cases that require ultra-reliable communication such as gaming and immersive experiences and supporting local innovation ecosystems in alignment with the objectives of Saudi Vision 2030.' Patrick Johansson, President of Ericsson Europe, Middle East and Africa, says: 'The establishment of our new Middle East and Africa regional headquarters in Riyadh strengthens our presence in the region. This is a pivotal step in our journey to support digital growth, innovation, and collaboration. The new headquarters will also enable us to further deepen our close partnerships with customers and partners, accelerate the adoption of advanced technologies, and build a more connected future.' Saudi Arabia continues to play a central role in Ericsson's regional strategy. The company has contributed to the development of the Kingdom's telecommunications sector by expanding mobile infrastructure, supporting the adoption of 5G, and enabling digital transformation. Ericsson's Gen-E Graduate Program has been hosted at the 5G Innovation Hub in Riyadh since 2018, professionally developing over 190 Saudi graduates from leading national and international universities, with women making up 50 percent of the cohort. The program provides comprehensive training on Ericsson's technologies, tools, and methodologies, including technical workshops led by Ericsson's experts and the Ericsson KSA leadership team. Since its launch, it has contributed to the development of diverse 5G and Internet of Things (IoT) use cases across multiple sectors like robotics, 5G edge computing, and mixed reality monitoring and control, supporting Saudi Arabia's innovation and digital transformation efforts. Over the years, Ericsson has closely partnered with stc, Mobily, Zain KSA, King Abdullah University of Science and Technology (KAUST), and King Abdulaziz City for Science and Technology (KACST) on initiatives focused on research, innovation, and the development of advanced connectivity solutions. Ericsson and King Abdulaziz City for Science and Technology have partnered in 2024 to establish a joint advanced connectivity lab for gaming and beyond at King Abdulaziz City for Science and Technology premises, named 'Blink Lab'. The lab will feature a private 5G network and serve as a testbed for training, research, product development and commercialization of innovative gaming solutions from global and local ecosystems. Another R&D collaboration in Saudi Arabia is between Ericsson and KAUST to propel 5G and 6G in the Kingdom. The partnership aims to continue fostering scientific findings and developing talent in line with Saudi Arabia's Vision 2030, further contributing to the Kingdom's Information and Communications Technology sector growth. These efforts support the objectives of Saudi Arabia's Vision 2030 by strengthening the Kingdom's digital ecosystem and accelerating the adoption of new technologies across various sectors.
Trade Arabia
24-02-2025
- Business
- Trade Arabia
Kaplan launches RHQ in Riyadh
Kaplan, a global educational services company that helps individuals and institutions advance their professional goals, is expanding its footprint across the MENA region with a licensed regional headquarters (RHQ) in Riyadh, uniting multiple Kaplan businesses under one business structure. This integrated service model will create a gateway in the Middle East for Kaplan's global education and training offerings. Kaplan delivers bespoke professional training which includes finance, business skills, leadership, behavioural and digital transformation training and also 'Graduate Development Programs (GDP)', delivered to some of the most prestigious organisations in the kingdom. Kaplan's language business will now also be increasing its regional presence by serving the academic, professional and government sectors with tailored language solutions varying from assessment to both digital and in-person instruction. Students wishing to improve their English language will continue to receive support to find the right location for them at one of Kaplan's 30 schools in the USA, UK, Canada and Ireland ensuring diverse international student cohorts in an international environment. The Middle East, with Saudi Arabia at the forefront, is rapidly becoming a pivotal market for global education providers. This surge is driven by the kingdom's dedication to developing human capital, localising its workforce, and fostering international partnerships within the education sector at all levels. Under the strategic Vision 2030 initiative, Saudi Arabia is making substantial investments in education and skills training. Additionally, the Kingdom is actively creating a business-friendly environment for international companies. Through the Ministry of Investment of Saudi Arabia (MISA), the government has streamlined processes and provided incentives to attract foreign investors. This commitment positions the Kingdom as an ideal destination for Kaplan's expanded educational services, the company said. Basil Hanna, Managing Director of Kaplan Middle East and North Africa, said: 'With five offices across the MENA region, we offer seamless access to a full range of training, education, and workforce solutions—ensuring efficiency, expertise, and the highest quality service. With Kaplan's investment in the region, we will continue to be trusted advisors for both the public and private sectors in identifying industry needs and addressing them through our extensive suite of training and education offerings aimed at supporting the Kingdom's mission to build local workforce capacity.
Arab News
22-02-2025
- Business
- Arab News
Kaplan expands MENA footprint with new regional HQ in Riyadh
Kaplan, a global educational services company that helps individuals and institutions advance their professional goals in an ever-changing world, is expanding its footprint across the MENA region, with a licensed regional headquarters in Riyadh, uniting multiple Kaplan businesses under one business structure. This integrated service model will create a gateway in the Middle East for Kaplan's global education and training offerings. The Middle East, with Saudi Arabia at the forefront, is rapidly becoming a pivotal market for global education providers. This surge is driven by the Kingdom's dedication to developing human capital, localizing its workforce, and fostering international partnerships within the education sector at all levels. Under the strategic Vision 2030 initiative, Saudi Arabia is making substantial investments in education and skills training. Additionally, the Kingdom is actively creating a business-friendly environment for international companies. Through the Ministry of Investment of Saudi Arabia, the government has streamlined processes and provided incentives to attract foreign investors. This commitment positions the Kingdom as an ideal destination for Kaplan's expanded educational services. With a prospering population and a growing appetite for globally recognized qualifications, Saudi Arabia offers immense opportunities for professional development and career growth. Kaplan seeks to contribute to this dynamic landscape and support the Kingdom's vision. Basil Hanna, managing director of Kaplan Middle East and North Africa, said: 'With five offices across the MENA region, we offer seamless access to a full range of training, education, and workforce solutions — ensuring efficiency, expertise, and the highest quality service. 'With Kaplan's investment in the region, we will continue to be trusted advisers for both the public and private sectors in identifying industry needs and addressing them through our extensive suite of training and education offerings aimed at supporting the Kingdom's mission to build local workforce capacity.' He added: 'Kaplan's contribution goes beyond providing education and training programs. We have been a key ally to SMEs, driving innovation in the ed-tech and recruitment industries while collaborating with over 100 domestic organizations.' Kaplan offers bespoke professional training that includes finance, business skills, leadership, behavioral and digital transformation training and also 'Graduate Development Programs,' delivered to some of the most prestigious organizations in the Kingdom. Kaplan's language business will now also be increasing its regional presence by serving the academic, professional and government sectors with tailored language solutions varying from assessment to both digital and in-person instruction. Students wishing to improve their English language will continue to receive support to find the right location for them at one of Kaplan's 30 schools in the US, UK, Canada and Ireland, ensuring diverse international student cohorts in an international environment. In addition to Riyadh, Kaplan's other offices in the region are in Dubai (two locations), Abu Dhabi, and Cairo.
