RIYADH – JUN, 2025 — In a landmark move underscoring its commitment to the region’s digital transformation, Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology, officially opened its Middle East Regional Headquarters in Riyadh, Saudi Arabia. Less than three years since entering the Middle Eastern market, the company has laid a robust foundation aimed at advancing digital customer experiences and AI-powered solutions, led by an infusion of local talent and cultural expertise.
“Reinvention is Globant’s core identity,” stated Martín Migoya, Co-founder and CEO of Globant. “Through the opening of our new Middle East headquarters in Riyadh, we have the honor of applying our talent to be a part of Saudi Arabia’s reinvention story as well. Since our first executive visit less than three years ago, we’ve seen first-hand the promise of the Kingdom’s vibrant and young talent and how it can be the engine for growth in its new and innovative economy.”
The launch comes at a pivotal time when the Middle East’s digital transformation market is seeing accelerated momentum. Globant reported an 84.4% year-over-year revenue growth in the Middle East & APAC for Q1 2025. Industry forecasts indicate continued growth, with Gartner projecting IT spending in the MENA region will rise 7.4% to $230.7 billion in 2025. Specifically in Saudi Arabia, IDC expects IT services spending to grow at a CAGR of 9.0% between 2022 and 2027, reaching an estimated $6.4 billion.
With this booming digital environment, the new Riyadh hub positions Globant to catalyze AI-driven innovations across verticals like Media and Entertainment, Travel and Leisure, Financial Services, and Gaming. Central to this strategy is the development of local expertise—Globant plans to train IT professionals in AI Architecture and AI Engineering, fostering talent that will both serve the region and potentially contribute globally.
“This new hub will allow us to better serve leading organizations in the region, leveraging our expertise in AI, data, and cloud technologies across diverse sectors,” said Federico Pienovi, CEO & CBO of New Markets at Globant. “As our Centre of Excellence evolves we will be able to export best practices and even talent globally, invigorating Saudi Arabia as a global technology hub.”
Mamdouh Aldoubayan, Managing Director for MENA at Globant, added: “Today, we have taken a step forward in our journey to drive change and foster a future where technology and human progress go hand in hand. Riyadh’s vibrant tech ecosystem presents an unparalleled opportunity for us to showcase our leadership in driving digital transformation and contributing to the Kingdom’s Vision 2030, fostering local talent, and building enduring partnerships.”
🎮 An Interactive “Playground” Experience in Riyadh
Globant’s new location inside Building 1.15 KAFD features the company’s latest edition of its branded “Playground” — a dynamic, immersive innovation space. Following installations in São Paulo and Los Angeles, this marks its third global site, promising a high-energy environment where tech leaders across the region can connect with the future of innovation.
Among the highlighted experiences are “The Perfect Pit Stop”, a sci-fi VR team challenge simulating an F1 pit crew, and next-generation basketball simulators alongside digital twin experiences — all designed to combine sports, AI, and customer engagement in an inspiring format.
🌍 A Global Force with Local Impact
Globant continues to establish itself as a worldwide digital powerhouse. With 31,100+ employees, operations in 36 countries, and clients including Google, Electronic Arts, and Santander, its global footprint is unquestionable. The company was recognized as a Worldwide Leader in AI Services (2023) and in Media Consultation, Integration, and Business Operations Cloud Services (2024) by IDC MarketScape.
Its momentum is further bolstered by rankings from Brand Finance, which named Globant the fastest-growing IT brand and the 5th strongest IT brand globally in 2024. The company’s innovation and business strategies have earned it spots in case studies at Harvard, MIT, and Stanford.
Additionally, Globant is an active member of both the Green Software Foundation (GSF) and the Cybersecurity Tech Accord, reflecting its commitment to sustainable and secure digital practices.
As Globant plants deeper roots in Riyadh, the region can expect an era of AI-powered transformation, crafted through a harmonious blend of cutting-edge technology and human potential.
— Team V.DIR-EM-UAE
