Latest news with #MohammedAlRobayan
The Hindu
4 hours ago
- Business
- The Hindu
Wipro moves West Asia headquarters to Riyadh
Wipro on Monday announced the relocation of its West Asia regional headquarters from Al Khobar to Riyadh, Saudi Arabia. The new office in Riyadh was the latest addition to Wipro's growing presence in the region, which included offices in Riyadh, Al Khobar, Jeddah, and Jubail, the company said. '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,' he added. 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, according to the company. '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 commitment was strengthened by the recent appointment of Mohamed Mousa as company's new Managing Director for Wipro Middle East, based in Riyadh, Wipro said.
New Indian Express
4 hours ago
- Business
- New Indian Express
Wipro strengthens Middle East presence with new regional headquarters in Riyadh
BENGALURU: IT services major Wipro has announced the relocation of its Middle East regional headquarters from Al Khobar to Riyadh, further expanding its footprint in Saudi Arabia. The company already operates offices in Riyadh, Al Khobar, Jeddah, and Jubail. The move reflects Wipro's strategic commitment to the Kingdom's digital transformation goals, aligning with Saudi Vision 2030. 'Inaugurating Wipro's regional headquarters in Riyadh is a significant milestone that supports the growth of the Kingdom's digital economy and highlights the attractiveness of Saudi Arabia's digital business environment,' said Mohammed AlRobayan, Deputy Minister for Technology at the Ministry of Communications and Information Technology (MCIT). 'We appreciate the company's investment in developing national competencies.' As part of its broader regional strategy, Wipro recently signed a Memorandum of Understanding (MoU) with Prince Mohammad Bin Fahd University (PMU) to establish a Centre of Excellence (CoE) in Riyadh. The CoE will focus on upskilling local talent through training in advanced technologies, hands-on experience, and access to Wipro's global resources. 'The establishment of our new regional headquarters in Riyadh reaffirms our commitment to supporting Saudi Arabia's dynamic business landscape,' said Vinay Firake, CEO – Asia Pacific, India, Middle East & Africa (APMEA), Wipro Limited. 'This move, along with our broader efforts in the Kingdom, reflects our vision of fostering sustainable growth and building a future-ready workforce.' Wipro also announced the appointment of Mohamed Mousa as its new Managing Director for the Middle East, based in Riyadh. The company said this leadership change would further strengthen its decades-long presence in the region.
Zawya
5 hours ago
- Business
- Zawya
Wipro launches new regional office in Riyadh
Wipro Limited has relocated its Middle East regional headquarters from Al Khobar to Riyadh, according to a press release. The new office supports Wipro's growing presence in the region, which includes offices in Riyadh, Al Khobar, Jeddah, and Jubail. Mohammed Al Robayan, Deputy Minister for Technology at the Ministry of Communications and Information Technology (MCIT), commented: '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.' Additionally, 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 expand local talent by securing 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. Vinay Firake, CEO – Asia Pacific, India, Middle East and Africa (APMEA), Wipro Limited, said: '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,' Firake added. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
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Business Standard
6 hours ago
- Business
- Business Standard
Wipro opens Riyadh HQ, partners with PMU to boost Saudi tech talent
Wipro Limited, India's fourth-largest IT services firm, has relocated its Middle East regional headquarters from Al Khobar to Riyadh, Saudi Arabia. The new office was inaugurated at a ceremony attended by Wipro's executive team, employees and customers. The company's regional footprint also includes offices in Jeddah, Jubail and Al Khobar. '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). MoU signed with PMU for tech centre Wipro also signed a memorandum of understanding (MoU) with Prince Mohammad Bin Fahd University (PMU) to establish a Center of Excellence (CoE) in Riyadh. The CoE will provide academic training in advanced technologies, hands-on experience and access to Wipro's global resources. The initiative aims to nurture local technology talent. '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,' AlRobayan added. Strategic commitment to Saudi growth Vinay Firake, CEO – Asia Pacific, India, Middle East & Africa (APMEA), Wipro, said, 'The establishment of our new regional headquarters in Riyadh reaffirms our commitment to supporting the dynamic business landscape in the Kingdom of Saudi Arabia.' '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.' Global realignment and digital focus Earlier in March, Wipro announced a restructuring of its global business lines to better align with evolving client demands and sharpen its focus on artificial intelligence (AI), cloud services and digital transformation. Effective 1 April, the company reorganised operations into four global business lines: technology services, business process services, consulting and engineering. 'This evolution of our business lines will enable us to further sharpen our focus on client needs with consulting-led and AI-powered solutions,' said Srini Pallia, Wipro's chief executive and managing director, in a March statement. Q4 Results Wipro, India's fourth-largest IT services provider, posted a 25.9 per cent year-on-year increase in net profit for the fourth quarter of 2024–25, reaching ₹3,570 crore. On a sequential basis, net profit rose by 6.4 per cent. Revenue for the quarter stood at ₹22,504 crore, marking a 1.3 per cent rise compared to the same period last year and a 0.8 per cent increase over the previous quarter. In constant currency terms, revenue from the IT services segment declined by 1.2 per cent year-on-year and by 0.8 per cent quarter-on-quarter. The CEO had attributed the decline in revenue to a deteriorating macroeconomic environment, further impacted by the tariff war that affected industries.
Channel Post MEA
7 hours ago
- Business
- Channel Post MEA
Wipro Establishes Its Middle East Regional Headquarters In Riyadh
Wipro Limited has 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.'
