Kaspersky opens new office in Saudi Arabia, reaffirming commitment to region

Mohamad Hashem, Country Manager for Saudi Arabia and Bahrain at Kaspersky.
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Updated 16 May 2022
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Kaspersky opens new office in Saudi Arabia, reaffirming commitment to region

Kaspersky has announced that it has added Saudi Arabia to its ever-expanding worldwide network of offices. The new office will be located in Riyadh.

Saudi Arabia ranked first in cybersecurity readiness in the Middle East and North Africa region, according to the Global Cybersecurity Index. Adding to the efforts to build a strong cybersecurity infrastructure, the Kingdom also introduced a National Cybersecurity Strategy, with several similar initiatives underway to ensure future readiness with a digital-first approach. Moreover, adoption of technologies such as 5G, IoT and artificial intelligence by the Kingdom will potentially increase cybercriminal interest and provide new avenues for targeted attacks and cyberthreats.

Emphasizing the importance of establishing a regional office in the Kingdom, Eugene Kaspersky, CEO of Kaspersky, said: “We are looking forward to opening a new office in Saudi Arabia. It is both a key market and international business hub in the Middle East region. Given the evolving nature of cyberthreats, this step will further contribute to ensuring that our local clients and partners have access to best-in-class cybersecurity solutions to protect their businesses and infrastructure. I am convinced that establishing a regional office will also underline our strong commitment in guiding, sharing our expertise with, and supporting the region in enhancing its cybersecurity resilience and sustainable growth.”

Mohamad Hashem, Country Manager for Saudi Arabia and Bahrain at Kaspersky, said: “Saudi Arabia continues to be a priority market for Kaspersky in the region. As the country moves forward in its innovation and digital-first agenda at great speed, there is a need for a strong cybersecurity posture. This can be achieved only if companies across all industries learn, understand, educate, adapt and invest in cybersecurity solutions with true potential. Our presence, commitment and focus in Saudi Arabia is on giving organizations in the Kingdom the power, expertise, and knowledge to deliver on their promise to keep their customers and citizens protected.”

In 2021, Kaspersky detected and blocked approximately 124 million threats in Saudi Arabia. Establishing this new office in the Kingdom is a milestone in Kaspersky’s roadmap to protect more than 400 million users and 240,000 corporate clients worldwide.


Sulaiman Al-Rajhi Endowment projects worth SR8bn launched in Makkah

Updated 19 February 2026
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Sulaiman Al-Rajhi Endowment projects worth SR8bn launched in Makkah

Sulaiman Al-Rajhi Real Estate Company has announced the launch of several real estate projects belonging to the Sulaiman Al-Rajhi Endowment system in Makkah, with a total investment exceeding SR8 billion ($2.1 billion). These projects include commercial, residential, and hospitality developments, as well as strategic land plots, as part of the company’s commitment to supporting the Kingdom’s real estate sector and enhancing the quality of life in the holy city.

The announcement was made during a field tour by a delegation of high-level officials including Saleh Al-Rasheed, CEO of the Royal Commission for Makkah City and Holy Sites; Ihsan Bafakih, chairman of the board of directors of Sulaiman bin Abdulaziz Al-Rajhi Holding Company; Haitham Al-Fayez, chairman of Sulaiman Al-Rajhi Real Estate Company and CEO of Sulaiman Al-Rajhi Holding Company; Moath Al-Mukhudub, managing director and CEO of Sulaiman Al-Rajhi Real Estate Company; and Anas Mansour Abadi, CEO of real estate at Sulaiman Al-Rajhi Holding Company and representative of the Sulaiman Al-Rajhi Endowment, alongside members of the board of directors of both the holding and real estate companies and the executive team.

The tour included the launch of the Tilal Towers project, with an investment value of SR2 billion, featuring more than 2,500 hotel rooms, strengthening the hospitality sector in Makkah.

The delegation also visited the Tilal Village project, valued at SR2.8 billion. It is one of the prominent qualitative projects within the hospitality ecosystem in Makkah.

Furthermore, the visit covered the residential buildings within Tilal Village, comprising 828 units, with an investment of SR800 million. The delegation inspected the specialized hospital, medical complex housing, and the office and commercial plazas.

During the tour, a contract was signed for the Al-Rajhi Center project, valued at SR250 million, as part of a comprehensive rehabilitation plan.

The inspection also included the Al-Ukayshiyyah land, spanning 4 million square meters, and the Al-Ghazzawi project land, valued at SR250 million.

The tour concluded with prayers at the Aisha Al-Rajhi Mosque, the second-largest mosque in Makkah after the Grand Mosque, with a capacity for 50,000 worshippers.

This visit underscores the importance of these investments, which represent a clear direction toward enhancing the management of the endowment’s assets through diversification, redevelopment, and strategic expansion, in line with the development goals of the Makkah city and Saudi Vision 2030.

Sulaiman Al-Rajhi Real Estate, a subsidiary of Sulaiman bin Abdulaziz Al-Rajhi Holding Company, continues to provide innovative solutions to elevate the real estate sector to international standards.