Riyadh, February 3^rd, 2026 – The King Abdullah Financial District Development and Management Company (KAFD DMC), the manager of Riyadh’s premier business and lifestyle destination, announced the opening of OpenText’s Middle East regional headquarters in the district. The establishment of the new headquarters reflects KAFD’s position as a preferred location for global technology and artificial intelligence companies anchoring their regional operations in Saudi Arabia.

OpenText is a global leader in secure information management for AI, and one of Canada’s leading technology companies. The opening of its regional headquarters adds to KAFD’s expanding technology ecosystem, which includes Huawei, Visa, and LTIMindtree Aramco Digital Solutions. It also reflects the district’s ability to attract global firms seeking an integrated environment that combines enterprise-grade infrastructure with connectivity and quality of life.

Furthermore, the opening supports Saudi Arabia’s Vision 2030 objectives by strengthening the Kingdom’s technology ecosystem and reinforcing Riyadh’s role as a regional hub for advanced digital and AI capabilities.

Sultan Alobaida, Chief Commercial Officer of KAFD DMC, said: “We are pleased to welcome OpenText to KAFD as it establishes its Middle East regional headquarters in Riyadh. KAFD continues to be the preferred destination for companies establishing regional headquarters under the Kingdom’s Regional Headquarters Program, offering a fully integrated environment that supports regional decision-making, enterprise operations, and talent attraction.

“With Saudi Arabia now ranking fifth globally and first in the Arab world for AI growth, KAFD provides the institutional, physical, and digital ecosystem required for global companies to anchor and scale advanced AI and technology operations. OpenText’s presence adds further depth to our technology ecosystem and reflects KAFD’s role in enabling the Kingdom’s digital and AI ambitions in line with Vision 2030.”