Riyadh, 6/5/2026 - King Abdullah Financial District (KAFD), Riyadh’s premier business and lifestyle destination, has welcomed NextEra, a next-generation technology company, which has established its headquarters within the district, further reinforcing KAFD’s role as a hub for digital innovation and advanced technologies in the Kingdom.

The announcement marks a strategic milestone for NextEra as it expands its footprint in Saudi Arabia, positioning itself at the heart of Riyadh’s business and technology ecosystem, and joining a growing community of organizations contributing to the Kingdom’s digital economy.

Founded as a joint venture between Aramco Digital and LTIMindtree, NextEra combines global expertise with deep local market insight to deliver advanced technology solutions across key sectors, including government, banking and insurance, oil and gas, and tourism, supporting digital transformation efforts in line with Vision 2030.

As part of its strategy, NextEra is focused on developing national talent through training initiatives and future expansion plans across the Kingdom. The company is also preparing to launch a new product powered by advanced artificial intelligence technologies, reflecting its commitment to innovation and future-ready solutions.

The choice of KAFD as NextEra’s headquarters reflects the district’s continued momentum in attracting leading regional and global companies seeking an integrated ecosystem that combines world-class infrastructure, connectivity, and proximity to key decision-makers. Today, KAFD is home to 20 regional headquarters and more than 140 commercial tenants, offering a dynamic environment where business and innovation intersect.

KAFD continues to play a central role in supporting Saudi Arabia’s economic diversification, attracting leading companies that are shaping the future of key industries and contributing to the development of a resilient, knowledge-based economy.