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Globant opens its Middle East Regional HQ in Riyadh serving as a Center of Excellence for AI, creativity and cutting-edge digital solutions

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Globant (NYSE: GLOB) has inaugurated its Middle East Regional Headquarters in Riyadh, Saudi Arabia, marking a significant expansion less than three years after entering the region. The digital transformation company's new hub will serve as a Center of Excellence for AI and digital solutions.

The company reported strong regional growth with Middle East & APAC revenue increasing 84.4% year-over-year in Q1-25. The move aligns with favorable market conditions, as IT spending in MENA is projected to reach $230.7 billion in 2025, growing 7.4%. In Saudi Arabia specifically, IT services spending is expected to reach $6.4 billion by 2027 with a 9.0% CAGR.

The new headquarters features Globant's third global "Playground," an immersive space showcasing innovation in sports, AI, and customer engagement, following successful implementations in São Paulo and Los Angeles.

Globant (NYSE: GLOB) ha inaugurato il suo Quartier Generale Regionale per il Medio Oriente a Riyadh, Arabia Saudita, segnando un'espansione significativa a meno di tre anni dall'ingresso nella regione. Il nuovo hub dell'azienda di trasformazione digitale fungerà da Centro di Eccellenza per l'Intelligenza Artificiale e soluzioni digitali.

L'azienda ha riportato una forte crescita regionale con un aumento del fatturato del Medio Oriente e APAC dell'84,4% anno su anno nel primo trimestre del 2025. Questa mossa è in linea con le condizioni favorevoli del mercato, dato che la spesa IT nella regione MENA è prevista raggiungere i 230,7 miliardi di dollari nel 2025, con una crescita del 7,4%. In Arabia Saudita, in particolare, la spesa per servizi IT dovrebbe raggiungere i 6,4 miliardi di dollari entro il 2027 con un CAGR del 9,0%.

La nuova sede ospita il terzo "Playground" globale di Globant, uno spazio immersivo che mostra innovazioni nello sport, nell'intelligenza artificiale e nell'engagement dei clienti, dopo le implementazioni di successo a São Paulo e Los Angeles.

Globant (NYSE: GLOB) ha inaugurado su Sede Regional para Oriente Medio en Riad, Arabia Saudita, marcando una expansión significativa a menos de tres años de su entrada en la región. El nuevo centro de la compañía de transformación digital funcionará como un Centro de Excelencia en IA y soluciones digitales.

La empresa reportó un fuerte crecimiento regional con un aumento del 84,4% interanual en los ingresos de Oriente Medio y APAC en el primer trimestre de 2025. Esta decisión está alineada con las condiciones favorables del mercado, ya que se proyecta que el gasto en TI en la región MENA alcance los 230,7 mil millones de dólares en 2025, con un crecimiento del 7,4%. En Arabia Saudita específicamente, se espera que el gasto en servicios de TI alcance los 6,4 mil millones de dólares para 2027 con una tasa compuesta anual del 9,0%.

La nueva sede cuenta con el tercer "Playground" global de Globant, un espacio inmersivo que muestra innovación en deportes, inteligencia artificial y compromiso con el cliente, tras implementaciones exitosas en São Paulo y Los Ángeles.

Globant (NYSE: GLOB)사우디아라비아 리야드에 중동 지역 본부를 개설하며, 해당 지역 진출 3년 만에 큰 확장을 이루었습니다. 이 디지털 전환 회사의 새로운 허브는 인공지능(AI) 및 디지털 솔루션 센터로서 기능할 예정입니다.

회사는 2025년 1분기 중동 및 아시아태평양 지역 매출이 전년 대비 84.4% 증가하는 등 강력한 지역 성장을 보고했습니다. 이번 확장은 MENA 지역의 IT 지출이 2025년에 2,307억 달러에 달할 것으로 예상되며 7.4% 성장하는 등 우호적인 시장 상황과 맞물려 있습니다. 특히 사우디아라비아에서는 IT 서비스 지출이 2027년까지 64억 달러에 도달할 것으로 예상되며 연평균 성장률은 9.0%입니다.

새 본부에는 Globant의 세 번째 글로벌 "플레이그라운드"가 마련되어 있으며, 이는 스포츠, AI, 고객 참여 분야의 혁신을 체험할 수 있는 몰입형 공간으로, 상파울루와 로스앤젤레스에 이은 성공적인 사례입니다.

Globant (NYSE : GLOB) a inauguré son siège régional pour le Moyen-Orient à Riyad, Arabie Saoudite, marquant une expansion significative moins de trois ans après son entrée dans la région. Le nouveau centre de cette entreprise de transformation numérique servira de Centre d’Excellence pour l’IA et les solutions digitales.

L’entreprise a annoncé une forte croissance régionale avec une augmentation de 84,4 % des revenus au Moyen-Orient et en APAC en glissement annuel au premier trimestre 2025. Cette initiative s’aligne sur des conditions de marché favorables, la dépense IT dans la région MENA devant atteindre 230,7 milliards de dollars en 2025, avec une croissance de 7,4 %. En Arabie Saoudite, les dépenses en services IT devraient atteindre 6,4 milliards de dollars d’ici 2027 avec un taux de croissance annuel moyen (CAGR) de 9,0 %.

Le nouveau siège comprend le troisième « Playground » mondial de Globant, un espace immersif mettant en avant l’innovation dans le sport, l’IA et l’engagement client, après des implantations réussies à São Paulo et Los Angeles.

Globant (NYSE: GLOB) hat seine regionale Zentrale für den Nahen Osten in Riad, Saudi-Arabien eröffnet und damit weniger als drei Jahre nach dem Eintritt in die Region eine bedeutende Expansion vollzogen. Das neue Zentrum des Digital-Transformationsunternehmens wird als Exzellenzzentrum für KI und digitale Lösungen dienen.

Das Unternehmen meldete ein starkes regionales Wachstum mit einem Umsatzanstieg im Nahen Osten und APAC um 84,4 % im Jahresvergleich im ersten Quartal 2025. Dieser Schritt entspricht den günstigen Marktbedingungen, da die IT-Ausgaben in der MENA-Region bis 2025 voraussichtlich 230,7 Milliarden US-Dollar erreichen und um 7,4 % wachsen werden. In Saudi-Arabien speziell wird erwartet, dass die Ausgaben für IT-Dienstleistungen bis 2027 6,4 Milliarden US-Dollar erreichen bei einer jährlichen Wachstumsrate (CAGR) von 9,0 %.

Die neue Zentrale beherbergt Globants dritten globalen „Playground“, einen immersiven Raum, der Innovationen in den Bereichen Sport, KI und Kundenbindung präsentiert, nach erfolgreichen Umsetzungen in São Paulo und Los Angeles.

Positive
  • Strong regional growth with 84.4% year-over-year revenue increase in Middle East & APAC for Q1-25
  • Strategic expansion into fast-growing market with MENA IT spending projected to reach $230.7B in 2025
  • Positioning in Saudi Arabia's IT services market with expected CAGR of 9.0% reaching $6.4B by 2027
  • Investment in local talent development through AI training programs
Negative
  • None.

Insights

Globant's new Middle East HQ in Riyadh signifies strategic geographic expansion with strong regional growth of 84.4% YoY in a rapidly developing market.

Globant's establishment of its Middle East Regional HQ in Riyadh represents a significant geographic expansion milestone for the company, particularly as it comes less than three years after their initial entry into the region. The most compelling data point is Globant's 84.4% year-over-year revenue growth in the Middle East & APAC region for Q1-25, indicating exceptional market traction.

This expansion aligns strategically with regional market dynamics. The Middle East IT services market is poised for substantial growth, with Gartner projecting $230.7 billion in MENA IT spending for 2025, representing a 7.4% increase. In Saudi Arabia specifically, IDC forecasts IT services spending to reach $6.4 billion by 2027, growing at a 9.0% CAGR from 2022.

The Riyadh headquarters serves multiple strategic functions beyond mere geographical presence. It's positioned as a Center of Excellence for AI and digital solutions, suggesting Globant plans to leverage this location for both talent development and innovation exportation. Their focus on training local IT professionals in AI architecture and engineering indicates a strategy to build technical capabilities that align with high-growth, high-margin service offerings.

Targeting key verticals like Media and Entertainment, Travel and Leisure, Financial Services, and Gaming shows Globant is prioritizing industries undergoing significant digital transformation in the region. The inclusion of their third global "Playground" innovation space further signals this isn't merely a sales office but a comprehensive hub for technology development and client engagement.

  • Less than 3 years after its arrival to the region, Globant confirms its bet for Middle East, with its first regional HQ and an ambitious expansion plan
  • The global digital transformation company, already partnering with the most significant Giga-projects in the region, expects this hub in the heart of a growing Saudi Arabia to serve as a platform to export talent and best practices worldwide
  • Globant will train local IT talent in the latest AI skills so that they can orchestrate agentic workflows for key industries

RIYADH, Saudi Arabia , May 27, 2025 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, inaugurated its Middle East Regional HQ in Riyadh, Saudi Arabia. Landed in the region less than three years ago, this marks a significant milestone in Globant's geographical expansion and 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.

Globant confirms its bet for Middle East, with its first regional HQ and an ambitious expansion plan

Martín Migoya, Co-founder and CEO of Globant said: ¨Reinvention is Globant's core identity. 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 digital transformation market in the Middle East is experiencing substantial development. Globant's revenue in the Middle East & APAC grew by 84.4% year-over-year in Q1-25. According to Gartner, IT spending in the MENA region is to set to grow 7.4% to reach $230.7 billion in 2025[1]. In Saudi Arabia in particular,  IDC projects that IT services spending  is set to grow at a compound annual growth rate (CAGR) of 9.0% between 2022 and 2027, reaching $6.4 billion[2].

In this growing landscape for digital initiatives, now with a dedicated hub, Globant aims to accelerate AI-driven innovation for leading public and private organizations in key verticals such as Media and Entertainment, Travel and Leisure, Financial Services, and Gaming, among others. In order to seamlessly offer  AI-first solutions as, for example, models where experts supervise agentic workflows, Globant will train talented local IT professionals with best-in-class AI courses to support their development as AI Architects and AI Engineers.

Federico Pienovi, CEO & CBO of New Markets at Globant said: "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. 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 immersive Playground built into the new HQ

Located in Building 1.15 KAFD, Globant's new headquarters also includes Globant's third global "Playground" — an immersive, open space designed to bring Middle East tech leaders closer to the future of innovation. Following its successful rollouts in São Paulo and Los Angeles, this new Playground offers hands-on experiences that blend innovation with the excitement of sports, AI, and customer engagement. Among other experiences, visitors can step into "The Perfect Pit Stop," a sci-fi VR challenge where teams collaborate as a Formula 1 pit crew; or test their skills with dynamic basketball simulators and digital twin experiences.

About Globant

At Globant, we create the digitally-native products that people love. We bridge the gap between businesses and consumers through technology and creativity, leveraging our expertise in AI. We dare to digitally transform organizations and strive to delight their customers.

  • We have more than 31,100 employees and are present in 36 countries across 5 continents, working for companies like Google, Electronic Arts, and Santander, among others.
  • We were named a Worldwide Leader in AI Services (2023) and a Worldwide Leader in Media Consultation, Integration, and Business Operations Cloud Service Providers (2024) by IDC MarketScape report.
  • We are the fastest-growing IT brand and the 5th strongest IT brand globally (2024), according to Brand Finance.
  • We were featured as a business case study at Harvard, MIT, and Stanford.
  • We are active members of The Green Software Foundation (GSF) and the Cybersecurity Tech Accord.

Contact: pr@globant.com

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[1]https://www.gartner.com/en/newsroom/press-releases/2024-11-20-gartner-forecasts-mena-it-spending-to-grow-7-percent-in-2025
[2] https://my.idc.com/getdoc.jsp?containerId=prMETA51421423

 

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SOURCE Globant

FAQ

What is the significance of Globant's (GLOB) new Middle East headquarters in Riyadh?

Globant's new Middle East HQ in Riyadh serves as a Center of Excellence for AI and digital solutions, supporting regional expansion and local talent development. It marks significant growth after less than 3 years in the region, with Middle East & APAC revenue growing 84.4% year-over-year in Q1-25.

How much revenue growth did Globant (GLOB) report in the Middle East region?

Globant reported 84.4% year-over-year revenue growth in the Middle East & APAC region during Q1-25.

What are the IT spending projections for Saudi Arabia where Globant (GLOB) opened its new headquarters?

According to IDC, IT services spending in Saudi Arabia is projected to grow at a 9.0% CAGR between 2022 and 2027, reaching $6.4 billion.

What is the Playground feature in Globant's (GLOB) new Riyadh headquarters?

The Playground is an immersive, open space designed for tech leaders to experience future innovations, featuring VR challenges, basketball simulators, and digital twin experiences. It's Globant's third global Playground after São Paulo and Los Angeles.

How is Globant (GLOB) planning to develop AI talent in Saudi Arabia?

Globant will train local IT professionals through best-in-class AI courses to develop them as AI Architects and AI Engineers, supporting the delivery of AI-first solutions and agentic workflows.
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