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TECHx
11-02-2025
- Business
- TECHx
HP Boosts Saudi Tech and Education with Key Investments - TECHx Media HP Boosts Saudi Tech and Education with Key Investments
HP Boosts Saudi Tech and Education with Key Investments News Desk - Share HP (NYSE: HPQ) has announced a series of strategic investments at LEAP 2025 aimed at boosting Saudi Arabia's technology industry and advancing education opportunities for its citizens, in line with the Kingdom's Vision 2030. The company revealed plans to establish a cutting-edge manufacturing facility in Riyadh and an AI and R&D Centre of Excellence in Dhahran, marking significant steps to support regional businesses with advanced solutions. Enrique Lores, President and CEO of HP, highlighted, 'At HP, we see tremendous potential in Saudi Arabia and have made strategic AI investments to fuel further growth in the region. We are committed to manufacturing, education, and research initiatives that drive innovation and expand HP's global reach, bringing more opportunities to the MEA region.' HP is strengthening its footprint in the Middle East and Africa with the launch of a state-of-the-art manufacturing facility in Riyadh. The 'Made in Saudi' initiative will enable HP to offer customized, flexible, and reliable technology solutions to customers while positioning Saudi Arabia as a hub for technology innovation and trade. The facility will create thousands of jobs by 2027 and support the Kingdom's economic transformation through the production of millions of devices locally, meeting the growing demands of Saudi Arabia's digital economy. The new AI and R&D Centre of Excellence in Dhahran will focus on artificial intelligence and research to solve complex challenges and unlock opportunities for Saudi businesses. By advancing AI solutions like data analysis, robotic process automation, and improved decision-making, the CoE will help Saudi companies optimize operations, enhance efficiency, and remain competitive globally. The Centre will also foster talent development and create high-value jobs in AI, supporting Saudi Arabia's ambition to lead in the AI sector. HP's commitment to education in Saudi Arabia is demonstrated through its extensive programs designed to upskill the next generation for the future workforce. HP's initiatives, including the HP Cambridge EdTech Fellowship and HP IDEA, have already impacted over 600,000 individuals and are expected to benefit over 6 million students and teachers in Saudi Arabia by 2027. HP has also supported the National Gaming and Esports Strategy (NGES) with its HP Gaming Garage Lab at Saudi Electronic University, as well as online courses attaining micro-degree status from the National eLearning Centre (NeLC) and the Ministry of Communications and Information Technology (MCIT). Through partnerships with organizations such as the Human Resources Development Fund (HRDF) and Savvy Games Group, HP is continuing to empower Saudi Arabia's youth, helping to drive the growth of gaming, esports, and advanced technology industries. Join HP at LEAP 2025 and explore the future of work at Hall 3, Booth D20.
Leaders
09-02-2025
- Business
- Leaders
Made In Saudi: HP Fuels Kingdom's Growth with Strategic Investments
American tech leader HP announced major investments at LEAP 2025 on Sunday to accelerate Saudi Arabia's tech growth under Vision 2030. The plan includes a Riyadh manufacturing facility and a Dhahran AI Center of Excellence (CoE), boosting innovation for regional businesses. Strengthening Local Manufacturing with 'Made in Saudi' HP will build a Riyadh manufacturing facility, aligning with the 'Made in Saudi' initiative to enhance customization and reliability. The hub leverages Saudi Arabia's strategic location bridging Asia, Europe, and Africa for efficient global distribution. This project aims to create thousands of jobs by 2027 while meeting rising demand for tech in the Kingdom's digital economy. HP's new Dhahran AI CoE will develop cutting-edge solutions for industries like healthcare and smart cities. The center focuses on robotic automation, data analysis, and decision-making tools to empower Saudi businesses. It will also attract global talent, offer training programs, and collaborate with HP's global AI experts to drive economic growth. Saudi Arabia's Potential is Limitless HP CEO Enrique Lores emphasized the Kingdom's transformative potential, stating, 'Our investments in AI, education, and manufacturing will expand HP's global reach while fueling regional innovation.' He highlighted HP's commitment to upskilling youth and fostering a tech-driven economy. HP launched programs to upskill Saudi youth, supporting Vision 2030's education goals. Initiatives like the HP Cambridge EdTech Fellowship and HP IDEA aim to benefit 6 million students and teachers by 2027. The firm also opened a Gaming Garage Lab at Saudi Electronic University, with courses certified by NeLC and MCIT. Gaming and Esports Collaboration HP partnered with Savvy Games Group, Tuwaiq Academy, and HRDF to expand its gaming education programs. These alliances aim to position Saudi Arabia as a global gaming hub while training youth in advanced technologies. Fadle Saad, HP's Saudi Managing Director, stated, 'AI accessibility and talent development are key to the Kingdom's success. Our CoE and education initiatives will drive efficiency, innovation, and global competitiveness.' HP's investments reinforce Saudi Arabia's role as a regional innovation powerhouse. By merging local talent with global expertise, the Kingdom advances toward its goal of becoming a top-tier digital economy. Short link : Post Views: 100
