#AI #Saudi Arabia #Riyadh #Globant

Globant Establishes Middle East Regional Headquarters in Riyadh

In a strategic move to bolster its presence in the Middle East, Globant, the digital transformation powerhouse, has inaugurated its regional headquarters in Riyadh, Saudi Arabia. This significant milestone comes less than three years after the company first entered the region and marks a bold commitment to the evolving digital landscape of the Middle East.

Globant’s CEO, Martín Migoya, emphasized the company's identity rooted in reinvention and innovation. The new headquarters is poised to play a pivotal role in Saudi Arabia’s transformation journey, capitalizing on the abundant local talent and the increasing demand for advanced technological solutions. He remarked, “We have the honor of applying our talent to be part of Saudi Arabia’s reinvention story.”

Growing Demand for Digital Transformation

The digital transformation market in the Middle East is witnessing rapid growth. Recent data shows that Globant’s revenue in the Middle East grew by an impressive 84.4% year-over-year in the first quarter of 2025. According to Gartner, IT spending in the MENA region is projected to rise by 7.4%, reaching a staggering $230.7 billion by 2025.

Especially in Saudi Arabia, the International Data Corporation (IDC) forecasts a compound annual growth rate (CAGR) of 9.0% for IT services spending, which is expected to hit $6.4 billion between 2022 and 2027. This growth indicates a burgeoning market ripe for innovation, particularly in sectors such as Media and Entertainment, Financial Services, Travel, and Gaming.

Training Local Talent

A cornerstone of Globant’s strategy involves training local IT professionals in AI technologies. As part of their mission to integrate cutting-edge solutions and foster skills within the region, Globant plans to offer specialized AI courses. This initiative aims to cultivate the next generation of AI Architects and Engineers equipped to manage agentic workflows tailored to various industries.

Federico Pienovi, CEO of New Markets at Globant, highlighted that the new headquarters would enhance the company's capacity to serve regional organizations more effectively while leveraging expertise in AI, data, and cloud technologies. “As our Centre of Excellence evolves, we will export best practices and even talent globally,” he expressed.

An Innovative Hub for Collaboration

Located in Building 1.15 within the King Abdullah Financial District (KAFD), Globant’s new facility is designed to be more than just an office. It includes the company's third global “Playground,” an immersive space that fosters innovation and creativity. This interactive area offers experiences that blend AI technology with engaging activities, including a sci-fi VR challenge inspired by Formula 1 racing.

Moreover, this Playground is an initiative to connect tech leaders in the region, providing hands-on experiences that encourage collaboration and knowledge sharing. The first two Playgrounds have already been successful in São Paulo and Los Angeles, and bringing one to Riyadh signifies the city’s potential as a tech innovation center.

Aligning with Saudi Arabia’s Vision 2030

Mamdouh Aldoubayan, the Managing Director for MENA at Globant, praised Riyadh’s vibrant tech ecosystem as an unparalleled opportunity for the company to lead digital transformation efforts. He underscored the importance of building lasting partnerships in alignment with Saudi Arabia's Vision 2030, which aims to diversify the economy and enhance technological capabilities.

As Globant embarks on this exciting chapter, the impact of its Riyadh headquarters can already be felt, promising not only to contribute to the Kingdom’s economic ambitions but also to play a pivotal role in shaping a technologically advanced future for the region.

Globant continues to expand globally, boasting teams of over 31,100 employees across 36 countries. This latest move reinforces their position at the forefront of digital transformation, empowering companies to navigate the complexities of technology with creativity and strategic insight. For more information about their initiatives and offerings, visit Globant's official website.