Wipro strengthens Middle East presence with new regional headquarters in Riyadh
BENGALURU, India & RIYADH, Saudi Arabia--(BUSINESS WIRE/AETOSWire)-- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, announced the relocation of its Middle East regional headquarters from Al Khobar to Riyadh, Saudi Arabia. The new office in Riyadh was inaugurated in a ceremony attended by the Wipro executive team, employees, and customers. This is the latest addition to Wipro's growing presence in the region, which includes offices in Riyadh, Al Khobar, Jeddah, and Jubail.
'The inauguration of Wipro's new regional headquarters in Riyadh marks a significant milestone that contributes to accelerating the growth of the Kingdom's digital economy,' said Mohammed AlRobayan, Deputy Minister for Technology at the Ministry of Communications and Information Technology (MCIT). 'This also underscores the attractiveness of Saudi Arabia's digital business environment. We value the company's investment in developing national competencies, in line with the objectives of Saudi Vision 2030 and enhancing the Kingdom's position as a global technology hub.'
In addition to this new office opening, Wipro recently signed a Memorandum of Understanding (MoU) with Prince Mohammad Bin Fahd University (PMU) to establish a Center of Excellence (CoE) in Riyadh. This partnership aims to upskill local talent by providing academic training in advanced technologies, hands-on experience, and access to Wipro's resources. The CoE will focus on equipping young Saudi nationals with future-ready skills, creating a talent pool that can add value to organizations and the kingdom.
'The establishment of our new regional headquarters in Riyadh reaffirms our commitment to supporting the dynamic business landscape in the Kingdom of Saudi Arabia,' said Vinay Firake, CEO – Asia Pacific, India, Middle East & Africa (APMEA), Wipro Limited. 'This strategic move, combined with our ongoing involvement in supporting the goals of the Kingdom, aligns with our vision of driving sustained growth and a future-ready workforce in the region. This commitment is strengthened by the recent appointment of Mohamed Mousa as our new Managing Director for Wipro Middle East out of our Riyadh headquarters, which will further advance our decades-long presence in the Middle East.'
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading AI-powered technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With over 230,000 employees and business partners across 65 countries, we deliver on the promise of helping our clients, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at www.wipro.com.
Forward-Looking Statements
The forward-looking statements contained herein represent Wipro's beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro's control. Such statements include, but are not limited to, statements regarding Wipro's growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry.
Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250609162349/en/
*Source: AETOSWire
Contacts
Media Contact:
Wipro Media Relations
media-relations@wipro.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Gulf Business
3 hours ago
- Gulf Business
5G-Advanced: e& UAE sets new world record for connectivity
Image credit: WAM/Website e& UAE, the flagship telecom arm of e&, has set a new world record for connectivity by achieving an uplink (UL) speed of 600Mbps on a live 5G network—a major milestone in the evolution of 5G-Advanced. Read- This achievement was enabled by aggregating FR1 bands at 2100MHz and C-band, paired with uplink 3Tx (three transmit antennas) on commercial Customer Premises Equipment (CPE) at a live 5G site. The deployment is fully compliant with 3GPP Release 17 standards, This record-breaking uplink speed represents a cornerstone of 5G-Advanced, empowering uplink-heavy applications with unmatched performance. By leveraging FR1 band aggregation and cutting-edge uplink technology, e& UAE has established a new global benchmark for 5G excellence. Abdulrahman Al Humaidan, Vice President of Fixed Access Network at e& UAE, stated: 'e& UAE's world-record 600Mbps uplink speed is a strategic step forward, catalysing a new era of hyper-fast, uplink-driven digital innovation. This is not just a technological milestone—it's a launchpad for reshaping the digital world and solidifying the UAE's role as a global tech leader.' A new era for enterprise and smart infrastructure The 600Mbps uplink enables a new wave of connectivity, enhancing uplink-intensive applications across both business and consumer landscapes. Enterprises can now enable real-time sensor data uploads in smart factories and logistics hubs, advancing AI-driven automation and predictive analytics. Cloud-hosted collaboration will also benefit, supporting instant uploads for 3D modelling, augmented reality (AR), and virtual reality (VR) workflows, driving the next wave of digital creativity. Uplink-focused solutions like live video analytics, smart city monitoring, and drone surveillance will thrive, thanks to instant data uploads for mission-critical decisions. Empowering everyday users in the 5G-advanced world For consumers, this leap forward will transform digital lifestyles—allowing content creators to upload 8K videos and stream immersive content to platforms like YouTube and TikTok in seconds. Gamers will enjoy lag-free cloud gaming, while smart homes will instantly upload high-definition footage and IoT data, boosting efficiency and responsiveness. Applications such as virtual event hosting and user-generated AR content will flourish, offering faster, richer, and more immersive digital experiences. Based on 3GPP Release 17, this deployment takes advantage of enhanced mobile broadband (eMBB) and ultra-reliable low-latency communications (URLLC), laying the groundwork for scalable, energy-efficient 5G networks. With this successful deployment on a commercial CPE and a live 5G site, e& UAE has demonstrated its ability to turn vision into reality. By optimizing FR1 2100MHz and C-band with Uplink 3Tx, the company is paving the way toward a hyper-connected future. Once such CPEs become widely available, e& will be well-positioned to empower both consumers and enterprises with next-generation connectivity.
Zawya
3 hours ago
- Zawya
Johnson Controls Arabia targets Saudi mega projects, export growth
As Saudi Arabia advances its Vision 2030 industrial diversification goals, HVAC and Smart Buildings technology company Johnson Controls Arabia (JCA) is expanding its local manufacturing capabilities and offering decarbonisation solutions for sectors such as healthcare, infrastructure, and commercial real estate. '…we go beyond simply supplying HVAC systems, we help organisations significantly reduce energy consumption and emissions through tailored energy solutions,' said JCA's CEO Dr Mohanad Alshaikh. He told Zawya Projects that the company, as one of the Kingdom's first licensed Energy Service Companies (ESCOs), contributed to over 500 million Saudi riyals ($133 million) in client savings and helped avoid more than 300,000 metric tonmes of CO2 emissions since 2020. 'These aren't just statistics. They represent tangible improvements for hospitals, data centres, commercial buildings, and government facilities across the Kingdom,' he said. 'Whether it's through national programs like Tarshid, or partnerships with key clients, our focus is on delivering measurable, lasting impact,' he added. The company is also supporting local manufacturing through high-efficiency products like the YORK YVAA Style B air-cooled chiller. 'It's produced right here in Saudi Arabia, fully aligned with the Saudi Made Programme, combining global engineering standards with local innovation,' Alshaikh noted. Scale and performance testing JCA recently manufactured the largest air-cooled chiller produced in Saudi Arabia—a 600-tonne capacity system. The achievement was enabled by collaboration with Johnson Controls' global engineering teams and the development of a dedicated production line at its YORK Manufacturing Complex in in King Abdullah Economic City (KAEC), Johnson Control's largest facility in MENA, Europe, and Latin America. Alshaikh said the chiller is designed to meet the growing needs of mega projects in the region. 'This chiller addresses a critical market need: energy-efficient, high-capacity cooling for mission-critical sectors,' he said. 'For industries such as healthcare, infrastructure, industrial facilities, and commercial real estate, it offers a powerful solution that's not only locally manufactured but performance-tested and certified within the Kingdom.' The complex also houses the region's first AHRI-certified testing lab capable of testing air-cooled chillers up to 600 tonnes, allowing factory acceptance testing within Saudi Arabia. According to Alshaikh, AHRI certification enhances JCA's ability to secure major projects by providing third-party verification of product performance to international standards. 'Previously, chillers of this size had to be shipped to countries like China or the U.S. for testing. Now, that capability exists locally, enhancing transparency, trust, and timelines,' he noted, adding that JCA's is the first and only AHRI- certified lab in the Kingdom for testing air-cooled chillers up to 600 tonnes. The ability to demonstrate verified performance in-house builds confidence with customers and gives the company's engineering teams faster data-driven feedback loops for continuous improvement, noted Alshaikh. 'For consultants and project stakeholders, it means they can verify chiller performance under standardised, controlled conditions, eliminating costly field testing, reducing project risk, and accelerating approvals,' he said. 'For clients, it's a guarantee of performance, certified to international standards, without leaving the Kingdom.' Expansion and export plans The YORK Manufacturing Complex, which currently operates 11 production lines, manufactures over 80 percent of JCA's regional product sales. Alshaikh said JCA plans to introduce new product platforms designed and built in Saudi Arabia, with ambitions to double its export output to 60 percent by 2027. 'Our investment roadmap includes expanding testing infrastructure, deepening partnerships with academic institutions and increasing the localization of high-tech components,' he said, adding that the goal is to position the complex as a platform for Saudi-engineered innovation and global product development. The AHRI certification, Alshaikh noted, gives JCA a competitive edge, enabling the company to export to over 26 countries, including China and the United States. In 2024, JCA launched its largest export initiative with a phased delivery of 1,000 YORK scroll chillers to the U.S. 'It's proof that when you combine world-class engineering with local commitment, the result is Saudi-made products trusted around the world,' Alshaikh concluded. (Reporting by Eman Hamed; Editing by Anoop Menon) (
Khaleej Times
3 hours ago
- Khaleej Times
Dubai gaming ecosystem expands rapidly with 350+ companies
More than 60 new gaming companies have set up shop in Dubai since the emirate launched its Dubai Program for Gaming 2033 'DPG33' in November 2023, marking a growth rate of 16.6 per cent since the launch of the programme, data showed Overseen by the Dubai Future Foundation, the Dubai Program for Gaming 2033 'DPG33', has announced that Dubai is home to more than 350 companies, with 260 of them categorised as specialised game developers, contributing overall to a global industry valued at $200 billion globally. The gaming industry has emerged as one of Dubai's most promising economic sectors in recent years. Khalfan Belhoul, CEO of the Dubai Future Foundation, said: 'The recent achievements in the Dubai's gaming industry reflects the success of the city's vision for its future economy — one built on economic diversification and the proactive investment in current and future development opportunities. The gaming sector holds unprecedented economic potential, and Dubai was — and will remain — a land of opportunity and a destination for innovators and creators. The industry offers a wealth of unprecedented opportunities thanks to the supportive ecosystem for entrepreneurs and innovative ideas in advanced technology sectors, particularly game development, which is a key driver in enhancing Dubai's global competitiveness and in achieving the goals of the Dubai Economic Agenda (D33).' DPG33 aims to position Dubai among the world's top 10 global gaming hubs over the next decade, with 30,000 new jobs and a $1 billion boost to GDP by 2033. It focuses on nurturing talent and entrepreneurship, embracing technological advancements, and fostering digital content development, while creating training and employment opportunities with leading global firms and academic institutions, and leads a variety of local and international events, exhibitions, and partnerships that strengthen collaboration between individuals, businesses, and regulatory bodies in Dubai and beyond.
