Latest news with #KingdomofSaudiArabia
Yahoo
a day ago
- Business
- Yahoo
Expro Marks Major Milestone in International Expansion with First Fully Remote Five-Plug Cementing Operation in Saudi Arabia
Successful multi-stage job has demonstrated time savings, hands-free operation, and global applicability HOUSTON, August 11, 2025--(BUSINESS WIRE)--Expro (NYSE:XPRO), a global energy services provider, has successfully delivered the world's first fully remote five-plug cementing operation in the Kingdom of Saudi Arabia, reinforcing its commitment to innovation, safety, and international growth within the well construction sector. The milestone operation - executed using Expro's Generation-X™ Remote Plug Launcher (RPL) and proprietary SkyHook™ cement-line make-up device - marks a major step forward in the company's expansion into the Middle East. The fully automated solution enabled a complex, multi-stage cement job to be completed with zero red-zone entry or man-riding operations, setting a new industry benchmark for personnel safety and operational control. This breakthrough builds on Expro's first successful cementing job in the Kingdom, delivered in January. That initial operation laid the foundation for a rapid regional ramp-up, culminating in May's delivery of the five-plug job. Together, these achievements reflect a deliberate progression from strategic market entry to innovation leadership, demonstrating the proven scalability and reliability of Expro's cementing technologies in one of the world's most technically demanding operating environments. Jeremy Angelle, Vice President of Well Construction at Expro, said: "Our entry into Saudi Arabia is more than just geographic expansion - it's about transforming cementing operations through advanced engineering. This breakthrough showcases our Generation-X and SkyHook technologies as world-class innovations that drive measurable safety and efficiency gains." The complex five-plug stage-cementing operation was executed for a challenging 9-5/8" casing run in a high-pressure gas well - the longest of its kind in the field. Utilizing Expro's modular Generation-X™ RPL, all of the five downhole components were pre-loaded in a controlled shop environment and then remotely launched at the well site with precision. Expro's modular cement head allowed the operator to eliminate high-risk tasks at the rig site, significantly reducing rig time, and enhancing the overall well integrity through optimized cement placement and effective zonal isolation. Building on this momentum, additional deployments across the region have further validated the benefits of Expro's remote and wireless cementing technologies. In one case, the customer was able to displace cement through the top drive at up to 13 bpm, resulting in cleaner wellbores, faster transitions from casing to cementing, and reduced static wellbore time. Collectively, these case studies demonstrate how Expro's solutions enhance operational integrity and redefine safety standards, particularly in markets where reliability, repeatability, and HSE performance are critical. "Both the Generation-X™ launcher and SkyHook™ system were designed with safety, control, and field adaptability in mind," added Angelle. "To see them deliver such strong results in a new region is a proud moment, and a signal of what's possible as we grow our well construction capabilities globally." Expro continues to invest in expanding its presence in the Kingdom and beyond, with a clear focus on aligning with customer goals in the oil, gas, and geothermal markets. With proven success in Saudi Arabia and strong customer interest across the region, we believe that Expro's cementing product line is now well positioned for international adoption, bringing automation, safety, and cost efficiency to the forefront of well construction operations globally. Notes to Editors Working for clients across the well life cycle, Expro is a leading provider of energy services, offering cost-effective, innovative solutions and what the Company considers to be best-in-class safety and service quality. The Company's extensive portfolio of capabilities spans well construction, well flow management, subsea well access, and well intervention and integrity solutions. With roots dating to 1938, Expro has approximately 8,500 employees and provides services and solutions to leading exploration and production companies in both onshore and offshore environments in more than 50 countries. For more information, please visit and connect with Expro on Twitter @ExproGroup and LinkedIn @Expro. SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This press release, and oral statements made from time to time by representatives of the Company, may contain certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding, among other things, the success, safety, efficiency and sustainability of the Company's well construction technologies, the Company's environmental, social and governance goals, targets and initiatives, and future growth, and are indicated by words or phrases such as "anticipate," "outlook," "estimate," "expect," "project," "believe," "envision," "goal," "target," "can," "will," and similar words or phrases. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from the future results, performance or achievements expressed in or implied by such forward-looking statements. Forward-looking statements are based largely on the Company's expectations and judgments and are subject to certain risks and uncertainties, many of which are unforeseeable and beyond our control. The factors that could cause actual results, performance or achievements to materially differ include, among others the risk factors identified in the Company's Annual Report on Form 10-K, Form 10-Q and Form 8-K reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, historical practice, or otherwise. View source version on Contacts Media Contact MediaRelations@
Yahoo
4 days ago
- Business
- Yahoo
[Latest] Saudi Arabia Facility Management Market is Projected to Hit Market Valuation of US$ 111.07 billion by 2033
Giga-projects under Vision 2030 are reshaping the Saudi Arabia facility management market. This creates immense demand for outsourced, technology-driven soft services, prioritizing sustainability and world-class user experiences across a rapidly expanding built environment. Chicago, Aug. 08, 2025 (GLOBE NEWSWIRE) -- The Saudi Arabia facility management market was valued at US$ 48.04 billion in 2024 and is expected to reach US$ 111.07 billion by 2033, growing at a CAGR of 10.16% during the forecast period 2025–2033. The Kingdom of Saudi Arabia is undergoing a seismic economic transformation, and at the heart of this evolution lies a golden opportunity within its facility management sector. Driven by the colossal ambition of Vision 2030, the Saudi Arabia facility management market is no longer a secondary consideration but a critical enabler of national development. With the government committing approximately $1 trillion to diversify its economy away from hydrocarbons by 2035, the scale of development is staggering. This investment is creating entirely new cities, futuristic tourist destinations, and world-class infrastructure from the ground up. Request Sample Pages: The recently published and updated report presents an unparalleled demand for sophisticated, technology-driven, and sustainable facility management solutions. As the Kingdom constructs projects on a giga-scale, the long-term operational and maintenance needs are immense, creating a robust, multi-billion-dollar pipeline for FACILITY MANAGEMENT providers. The opportunities extend across every vertical, from hospitality and healthcare to industrial and commercial real estate. For stakeholders and market players, the message is clear: the Saudi Arabia market is entering a phase of exponential growth, offering returns and partnerships on a scale rarely seen anywhere in the world. This is not just a market; it is the bedrock of a new, diversified Saudi economy. Key Findings in Saudi Arabia Facility Management Market Market Forecast (2033) US$ 111.07 billion CAGR 10.16% By Service Type Soft Services (74.33%) By Mode of Service Outsourced Facility Management (55.62%) By Enterprise Size Large Enterprises (67.55%) By Service Delivery Model Contract-Based (76.32%) By End User Business and Corporate (25.20%) Top Drivers Vision 2030 giga-projects create massive infrastructure development demand. Government focus on economic diversification, tourism, and urban living. Increasing awareness of facility management's role in operational efficiency, cost-saving. Top Trends Rapid adoption of technology like IoT and AI. Growing demand for integrated facility management solutions. Strong emphasis on sustainability and energy-efficient green building practices Top Challenges Significant shortage of skilled local facility management professionals. Navigating evolving government regulations and international service standards. Rising cybersecurity threats to integrated and smart building systems. Vision 2030 Giga-Projects: The Unrivaled Catalyst for Unprecedented FACILITY MANAGEMENT Sector Expansion The primary engine powering demand in the facility management market is Vision 2030's portfolio of giga-projects. The government has already channeled an initial $500 billion into the futuristic NEOM project as of 2024. This monumental undertaking, alongside others, is supported by a 2023 infrastructure and transport budget of SAR 271 billion (approximately $72 billion), with development continuing through 2024. By 2024, total investments in the Kingdom's infrastructure had soared to SR 4.9 trillion (approximately $1.3 trillion). Qiddiya Investment Company is accelerating its entertainment and sports project by planning to award $2.66 billion (SAR 10 billion) in new contracts. Furthering this, the Diriyah Company began constructing a premier office complex in 2024, set to offer around 39,000 square meters of gross leasable area (GLA) with a total gross floor area (GFA) of nearly 47,000 square meters. The Kingdom's National Industrial Strategy aims to increase the number of factories to approximately 36,000 by 2035, built upon over 800 investment opportunities valued at SR 1 trillion. A New Era of Hospitality: Fueling Immense FACILITY MANAGEMENT Demand Across the Kingdom A core pillar of Vision 2030 is the transformation of Saudi Arabia into a global tourism hub, creating a massive pipeline for hospitality-focused facility management market services. The Kingdom has boldly updated its tourism target, now aiming to attract 150 million visitors annually by 2030. In 2024 alone, the nation is expected to welcome over 30 million international visitors. To accommodate this influx, the country is on track to develop an astonishing 362,000 new hotel rooms by 2030, part of a wider 110 billion investment in the hospitality sector. As of April 2025, Saudi Arabia leads the Middle East and Africa with 42,800 hotel rooms under contract. Across the region, including KSA, 50,683 new rooms are expected to open in 2025. The Saudi Arabia facility management market will directly benefit from the 319 hotel projects, totaling 85,416 rooms, in the Kingdom's pipeline at the close of Q1 2025. Specific projects include a SAR 2.5 billion (approximately $666.6 million) pact signed in January 2024 for a Makkah hospitality project adding over 1,000 rooms. Moreover, hospitality Management Holding (HMH) is adding 1,314 new rooms, with the 104-room Corp Yanbu Hotel opening in 2025, the 150-room Corp Madinah Hotel opening by the end of 2025, and the 460-room Corp Makkah Al Naseem following in early 2026. Wherein, the luxury segment also expands with the Rosewood Red Sea (149 rooms) and Jumeirah Red Sea (159 rooms), both opening in 2025. Healthcare and Real Estate Expansion: Foundational Pillars of Modern FACILITY MANAGEMENT Service Opportunities The government's commitment to enhancing citizen welfare is creating a parallel boom in healthcare and real estate infrastructure. The health and social development sector received a budget of SR 260 billion ($69.3 billion) for 2025. A total of $65 billion is planned for healthcare infrastructure under Vision 2030. This translates into tangible projects, with five new hospitals scheduled to open by 2025, adding 963 beds. In April 2025, Riyadh facility management market saw the launch of 28 new healthcare projects with an investment of over SR 7 billion, set to add more than 3,000 new hospital beds. Key developments include a new 500-bed tower at King Saud Medical City, 200-bed towers each at King Salman and Al-Iman Hospitals, and a new 300-bed hospital in Diriyah. In 2024, the 200-bed Tabuk Heart Center and 200-bed Abha Psychiatric Hospital are expected to be completed, while the first stage of the $1.1 billion Jeddah Medical City will include a 200-bed private hospital. Emergency services will be bolstered with 568 new vehicles. Simultaneously, urbanization is fueling real estate growth. As of 2024, over 60,000 commercial buildings required facility management services. The pipeline includes over one million new residential units, 7 million square meters of office space, and 7 million square meters of retail space, with real estate transactions in H1 2024 valued at SR 127.3 billion. Critically, the Real Estate General Authority announced it would issue the first legislation for facility management in Q1 2024, professionalizing the sector. Industrialization and Logistics: Powering Specialized Facility Management Service Growth Across KSA The Kingdom's push for industrial diversification is creating thousands of advanced manufacturing and logistics hubs, each demanding specialized facility management market expertise. In a clear sign of progress, 1,075 new factories began production in 2024 with a combined investment exceeding SR 48 billion. During the same period, 1,346 new industrial licenses were issued, attracting investments worth over SR 50 billion ($13.3 billion). This industrial surge is a major job creator; the factories that began production in 2024 created about 39,000 jobs, while the newly issued licenses are expected to generate over 44,000 more. This builds on a strong base, as Saudi Arabia was home to 11,549 factories by the end of 2023. The geographic distribution highlights key industrial zones, with Riyadh hosting 4,502 factories, the Eastern Province home to 2,618, and the Makkah region containing 2,209 facilities. Each new facility represents a long-term contract opportunity for the Saudi Arabia facility management market. The Green Imperative: Sustainability Driving Forward Next-Generation Facility Management Practices Sustainability is no longer optional; it is a core requirement embedded within the Saudi Green Initiative, creating a specialized and lucrative niche in the Saudi Arabia facility management market. In 2025, the Kingdom launched a green financing program of SR 1 billion ($266.6 million) to support private-sector environmental projects. This commitment is reflected in the built environment, with the Kingdom leading the Arab world with 2,000 registered green building projects as of October 2024. The nation's global standing is also impressive; as of June 2024, Saudi Arabia had over 1,190 LEED-certified projects, placing it fifth globally. The capital, Riyadh, is a major hub for this movement, accounting for 866 of the country's LEED-certified projects. This green transition is part of the larger Saudi Green Initiative, which includes the ambitious target of planting 10 billion trees, further signaling a deep, long-term commitment to environmental stewardship that will require specialized FACILITY MANAGEMENT services. Analyzing the Evolving Contract, Financial, and Competitive Market Landscape in FACILITY MANAGEMENT The financial and competitive dynamics of the Saudi Arabia facility management market are shifting rapidly. Mega-contracts are defining the top tier of the market, such as Qiddiya's SR 4 billion (approximately $1.1 billion) contract for the Prince Mohammed bin Salman Stadium. Further contracts for Qiddiya include an estimated SR 1.8 billion (around $480 million) for its Speed Park racetrack and an initial SR 7 billion (about $1.9 billion) for buildings around the track. Infrastructure contracts for the resort core were awarded for a combined SR 2.29 billion, while the Six Flags Qiddiya theme park construction contract is valued at SR 3.75 billion. In a move that boosted market liquidity, the state injected $26.7 billion in 2024 to clear payment arrears to private companies. In this environment, market players are making strategic moves. Muheel Facilities Management showcases its scale with over 2,000 employees, a fleet of 208 vehicles, and a service presence across 13 cities. Consolidation and specialization are key trends, exemplified by Khidmah's acquisition of green building enabler Pactive and Mace Macro Technical Services. In October 2024, global facility management advisor Trascent formed a joint venture with Gulaid Holding to create Trascent Arabia, highlighting rising international interest. Addressing the Critical Workforce Gap while Embracing Technology in Facility Management The explosive growth of the Saudi Arabia facility management market presents two interconnected challenges: securing a skilled workforce and integrating advanced technology. As of 2024, the Kingdom faces an estimated shortfall of 50,000 skilled workers in the facility management field, a gap that requires urgent attention through training and development programs. The demand for labor is immense across all new sectors; tourism-related activities employed 983,253 people in Q1 2025, and the Qiddiya giga-project alone expects to directly employ approximately 17,000 people in its initial phase. To bridge the efficiency gap and meet the complex demands of modern smart buildings, technology is paramount. Recognizing this, SIERRA introduced its eFACiLiTY Enterprise Facility Management Software in 2024. This SaaS solution, hosted on Microsoft Azure, is specifically designed to provide the scalable, data-driven tools needed to manage the next generation of Saudi Arabian facilities. Need a Customized Version? Request It Now: The Strategic Outlook: Capitalizing on Unprecedented Future Growth and FACILITY MANAGEMENT Market Demand The confluence of giga-project development, economic diversification, and a government mandate for quality and sustainability creates a fertile ground for exponential growth. The data from 2024 and 2025 paints a clear picture of a market in rapid ascent, backed by trillions of dollars in state and private investment. For facility management providers, the strategic imperative is to align capabilities with the specific needs of these burgeoning sectors—be it the luxury demands of hospitality, the technical precision of healthcare, the green credentials of new urban centers, or the operational rigor of industrial hubs. The future of the Saudi Arabia facility management market is inextricably linked to the success of Vision 2030. Companies that invest in skilled local talent, embrace digital transformation, and demonstrate expertise in sustainable practices will not only thrive but will become integral partners in shaping the future of the Kingdom itself. The opportunity is here, it is immense, and it is happening now. Saudi Arabia Facility Management Market Major Players: Initial Saudi Group (Alesayi Holding) EMCOR Facilities Services, Inc. Almajal G4S (Allied Universal) SETE Energy Saudia for Industrial Projects Ltd SAMAMA Holding Group ENGIE Solutions (Engie Group) Nesma United Industries Co. Ltd AL-YAMAMA Group Olive Arabia Co. Ltd Tamimi Group Facilities Management Company (FMCO) Al Suwaidi Holding Company KSA Khidmah ZOMCO EFSIM Other Prominent Players Key Market Segmentation: By Service Type Hard Services Asset Management MEP and HVAC Services Fire Systems and Safety Elevator and Escalator Maintenance Pest Control Services Building Fabric Maintenance Energy Management and Sustainability Services Other Hard FM Services Soft Services Office Support and Security Cleaning Services Catering Services Landscaping and Grounds Maintenance Waste Management Reception and Concierge Services IT and Tech Support Services Accommodation Management Other Soft FM Services By Mode of Service In-house Facility Management Outsourced Facility Management Single Facility Management Bundled Facility Management Integrated Facility Management By Enterprise Size Large Enterprises Small- Medium Enterprises (SMEs) By Service Delivery Model Contract-Based Short-Term Contracts Long-Term Contracts On-Demand / Ad-Hoc Services By End User Business and Corporate Education Industry and Manufacturing Healthcare Public Administration Hospitality Construction Others Need a Detailed Walkthrough of the Report? Request a Live Session: About Astute Analytica Astute Analytica is a global market research and advisory firm providing data-driven insights across industries such as technology, healthcare, chemicals, semiconductors, FMCG, and more. We publish multiple reports daily, equipping businesses with the intelligence they need to navigate market trends, emerging opportunities, competitive landscapes, and technological advancements. With a team of experienced business analysts, economists, and industry experts, we deliver accurate, in-depth, and actionable research tailored to meet the strategic needs of our clients. At Astute Analytica, our clients come first, and we are committed to delivering cost-effective, high-value research solutions that drive success in an evolving marketplace. Contact Us:Astute AnalyticaPhone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World)For Sales Enquiries: sales@ Follow us on: LinkedIn | Twitter | YouTube CONTACT: Contact Us: Astute Analytica Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World) For Sales Enquiries: sales@ Website: while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data


Argaam
5 days ago
- Business
- Argaam
ejada Systems Named Red Hat Premier Partner and wins Fastest Growing Partner award in Saudi Arabia
e jada Systems, the leading provider of digital transformation solutions in the Kingdom of Saudi Arabia, today announced it has been named as a Red Hat Premier Partner, the highest tier within the Red Hat partner program. As part of Red Hat's partner ecosystem, ejada has shown that it is an expert business partner able to deliver Red Hat related projects. Red Hat Premier Partners are well trained and highly committed to working closely with Red Hat on business opportunities, with ejada demonstrating its ability to offer technical expertise and working practices to deliver a high degree of customer satisfaction across a range of deployment scenarios and projects. ejada has strengthened its readiness to deliver advanced solutions that can accelerate digital transformation for its clients. During Red Hat Partner Day Saudi Arabia which held during May this year, ejada was also recognized as Red Hat's Fastest Growing Partner in Saudi Arabia for 2024. This prestigious award highlights ejada's outstanding performance and accelerated growth in Red Hat-based projects over the past year. The recognition reflects ejada's success in expanding its presence in the Saudi market by delivering high-impact projects and open source solutions that support digital transformation goals across various sectors. It also underscores the company's focus on developing technical and domain expertise through a growing pool of certified professionals. These recognitions align with ejada's ongoing efforts to establish global collaborations that foster innovation and enhance the local market's readiness to adopt flexible, secure technologies—supporting Saudi Arabia's Vision 2030 in building a fully integrated digital economy.


Zawya
04-08-2025
- Business
- Zawya
Adnan Al Faraj appointed Head of SME Direct Lending of ZCG Arabia
NEW YORK- -(BUSINESS WIRE)-- Z Capital Group ('ZCG'), a leading, privately held global firm, today announced the appointment of Adnan Al Faraj as Head of SME Direct Lending of ZCG Arabia. Mr. Al Faraj will lead the firm's direct lending platform for small- and medium-sized enterprises ('SMEs') in the Kingdom of Saudi Arabia (the 'Kingdom'), with a focus on high-growth, cash-flow generative businesses led by experienced management teams. The appointment builds on ZCG's previously announced commitment to invest in the Kingdom as part of its broader global expansion. ZCG Arabia's mission is to become a leading provider of tailored capital solutions that support sustainable growth and contribute to the Kingdom's Vision 2030 goals. Through its direct lending platform, ZCG Arabia will offer a suite of flexible financing options, including secured term loans, revolving credit facilities, and mezzanine loans. Mr. Al Faraj will lead sourcing and originating transactions, underwriting and risk assessment, and managing the SME lending portfolio. Mr. Al Faraj brings over two decades of strategic leadership experience and has had a successful history in SME sourcing and banking across multiple sectors. He spent more than 15 years at Banque Saudi Fransi, most recently as SME Unit Head within its Corporate Banking Group, where he played a key role in quadrupling the SME portfolio and expanding market share. He also held senior roles at Saudi Awwal Bank, where he led business development and managed a portfolio of corporate clients. 'SMEs in the Kingdom of Saudi Arabia represent a market with tremendous untapped potential, and we are committed to delivering the creative, tailored capital solutions to help them grow,' said James Zenni, Founder, President, and Chief Executive Officer of ZCG. 'Adnan's deep expertise in SME banking and his strong leadership make him the ideal person to lead this important initiative for ZCG. We are confident he will drive long-term value for our partners and investors.' In addition to the SME direct lending strategy, ZCG will build on its presence in the region and look to deploy capital across the Kingdom through its core private equity, private credit, and infrastructure platforms, supported by the firm's business consulting platform ZCG Consulting, LLC ('ZCGC') ( and technology affiliate, Haptiq ( ZCG Arabia is headquartered in Riyadh, serving as the firm's regional hub for the Middle East and North Africa (MENA), located at North Yard, 7068 Prince Turki bin Abdulaziz I, Riyadh, 13523, Saudi Arabia. 'I am honored to join ZCG and excited by the firm's clear commitment to supporting economic growth across the Kingdom,' Mr. Al Faraj said. 'I look forward to working closely with ZCG's exceptional team to provide flexible, growth-oriented capital solutions and help SMEs overcome their challenges and achieve sustainable success.' About ZCG ZCG is a leading, privately held global firm comprised of private markets asset management, business consulting services, and technology development and solutions. For nearly three decades, ZCG has invested tens of billions of dollars in private equity and credit-related strategies, through multiple economic cycles and across many industries, including consumer products, steel, steel processors, agriculture, consumer food, gaming, hospitality, manufacturing, specialty services, and automotive. ZCG's investors include prominent global sovereign wealth funds, endowments, pension funds, insurance companies, foundations, family offices, wealth management firms, and other financial institutions in North America, Europe, Asia, Africa, and the Middle East. ZCG has a global team comprised of approximately 400 professionals. The company is headquartered in New York, with affiliate offices located in Pune and Mumbai, India, and Riyadh, KSA.


Globe and Mail
28-07-2025
- Business
- Globe and Mail
Pega Launches Pega Cloud, Hosted by Google Cloud, in the Kingdom of Saudi Arabia
Pegasystems Inc. (NASDAQ: PEGA), the Enterprise Transformation Company™, today announced that Pega Cloud® is now available as a service hosted on Google Cloud in the Kingdom of Saudi Arabia. This strategic deployment enables customers in the Kingdom to leverage Pega's industry-leading capabilities while supporting data residency requirements within Saudi Arabia's borders. This will directly support the government's Vision 2030 initiative to establish the Kingdom as a regional technology hub. The availability of Pega Cloud on Google Cloud in Saudi Arabia addresses the growing demand for cloud-based software solutions as part of the Kingdom's ambitious digital transformation agenda. With the Saudi Arabian Information and Communications Technology (ICT) market valued at approximately $48 billion and growing at 15-16% compound annual growth rate, this expansion demonstrates Pega's commitment to supporting the country's technological advancement and economic diversification goals. As an enterprise AI decisioning and workflow automation platform, Pega delivers business-transforming value by partnering with the world's largest organisations to Build for Change®. The introduction of Pega Cloud on Google Cloud in Saudi Arabia extends this capability to local enterprises seeking to modernise their operations. Key Benefits of Pega Cloud on Google Cloud: Build and evolve mission-critical Pega applications with enterprise-grade cloud services that meet the most demanding security and performance requirements Drive greater value from Pega solutions with up-to-date services and access to Pega's latest capabilities, ensuring continuous innovation and competitive advantage Deliver better business outcomes faster with centralized Pega operations management, reducing time to market and operational complexity Innovate faster with Pega Agentic AI powering revolutionary design-time tools like Pega Blueprint, allowing for accelerated ideation to production timelines. The announcement aligns with Pega's recognition as a leader in the Forrester Wave for AI Decisioning Platforms, where the company achieved a perfect score on strategy. This industry recognition underscores Pega's position at the forefront of enterprise automation and AI-driven decision-making capabilities. Pega Cloud on Google Cloud provides customers with a fully managed cloud service that reduces time to market, improves planning and cost efficiency, and delivers enterprise-grade security. The service includes 24/7 global and regional support, operational system monitoring, and fault-tolerant environments with multi-layer redundancy, ensuring that mission-critical applications remain available and high-performing. The company's extensive compliance certifications and adherence to international standards provide customers with confidence in their data security management. Quotes & Commentary "This expansion represents our ongoing commitment to existing clients in Saudi Arabia and our dedication to supporting new customers as they embark on their digital transformation journeys," said Karim Zein, VP & managing director, EMEA West Pega. "By making Pega Cloud available on Google Cloud in the Kingdom, we're enabling organisations to harness the power of enterprise AI and workflow automation plus meeting their data residency and compliance requirements." Supporting Resources About Pegasystems Pega is The Enterprise Transformation Company that helps organizations Build for Change® with enterprise AI decisioning and workflow automation. Many of the world's most influential businesses rely on our platform to solve their most pressing challenges, from personalizing engagement to automating service to streamlining operations. Since 1983, we've built our scalable and flexible architecture to help enterprises meet today's customer demands while continuously transforming for tomorrow. For more information on Pega, visit