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.
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