2 June 2025, Riyadh — Globant, a digitally native company focused on reinventing businesses through innovative technology solutions, has announced the opening of its new regional headquarters (RHQ) in the King Abdullah Financial District (KAFD), the premier business and lifestyle destination in Riyadh.

The opening strengthens KAFD’s growing technology ecosystem and cements its position as the center of business in Saudi Arabia. KAFD’s state-of-the-art infrastructure and world-class amenities make it the undisputed destination for global technology and artificial intelligence (AI) companies looking to expand in the region. 

Globant’s new RHQ will strengthen its presence in the region and support its ambition to be at the heart of digital reinvention in the Middle East through cutting-edge AI solutions and digital customer experiences powered by the cultural insight and expertise of local talent.

Sultan Alobaida, Chief Commercial Officer at King Abdullah Financial District Development and Management Company (KAFD DMC), said: "We are thrilled to welcome Globant to KAFD’s thriving business community. The global AI industry was valued at US $185 billion in 2024 and is predicted to exceed the US $1 trillion mark in 2028, with Saudi Arabia ranking it as the world leader in government AI strategy. KAFD plays a central role in supporting the Kingdom’s AI ambitions, with our cutting-edge infrastructure. This is underscored by KAFD becoming the first neighborhood in MENA to achieve WiredScore’s Global Smart Neighborhood Certification. The opening of Globant’s Middle East RHQ in KAFD cements our position as a leading destination for technology companies establishing in the region.”

AI is rapidly becoming a major priority for Saudi Arabia as it continues to diversify its economy and create new opportunities for future generations. The Public Investment Fund (PIF) and its companies are actively investing in building an AI ecosystem and fostering international AI partnerships, KAFD plays a central role in enabling these ambitions by providing a unique and favorable environment and lifestyle that is attractive for global AI companies and talent.

With over 90 firms now based in KAFD, the district continues to establish itself as the prime destination for multinational operations in Saudi Arabia. KAFD also stands as the world's largest LEED Platinum-certified mixed-use business district, boasting over 40 Silver and Gold LEED-certified buildings. Notably, KAFD is the only LEED Platinum-certified Neighborhood Development in the world, as recognized by the U.S. Green Building Council (USGBC).