Connect-PS, Al-Haddad forge joint venture in KSA

The partnership is built on a foundation of shared vision to add a remarkable footprint to the Saudi IT sector.
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Updated 27 February 2025
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Connect-PS, Al-Haddad forge joint venture in KSA

Connect-PS, a provider of information technology solutions and services, has announced a joint venture with Al-Haddad Group in Saudi Arabia. This strategic alliance marks a significant milestone in Connect-PS’s ambitious growth trajectory and supports its expansion plans in the Middle East.

The partnership is built on a foundation of shared vision to add a remarkable footprint to the Saudi IT sector and to contribute effectively in realizing the digital transformation objectives of Saudi Vision 2030.

The impact of this partnership extends beyond the corporate realm. Connect-PS has already established itself as a trusted partner for key government institutions in Saudi Arabia, showcasing its expertise in critical IT infrastructure and services. From securing a consulting framework agreement with a major financial government authority to executing tech-refresh projects for a leading government services provider, Connect-PS has demonstrated its capacity to drive technological advancement in the public sector.

Connect-PS offers a track record of delivering IT expertise with customer focus and quality performance. Al-Haddad Group, a well-rooted Saudi brand with decades of market presence, offers its telecommunications expertise and robust business network in the Kingdom.

Connect-PS and Al-Haddad Group have announced a mutual commitment to expand their operations in the Saudi market in the coming years, relying on their joint venture, which will provide additional capital to fuel innovation and capture emerging market opportunities. 




Mohamed Moheb, CEO of Connect-PS

“We have been operating in the Kingdom for more than eight years and built an elite brand for our services. This strategic partnership with Al-Haddad Group will support our business expansion plans and we aim to increase our market share, adding valuable impact on the Saudi market in the next four years,” said Mohamed Moheb, CEO of Connect-PS.

“The joint venture with Connect-PS aligns with our strategy to diversify our revenue streams and will expand our capacity to approach new market segments and create unprecedented value for our customers,” said Chairman of Al-Haddad Group Bashir Al-Haddad.

Connect-PS has demonstrated remarkable growth in recent years, with an average annual growth rate of 30 percent between 2018 and 2021, accelerating to 40-45 percent year-over-year from 2022 to 2024. This growth trajectory reflects the company’s agility in adapting to market demands and its strategic focus on enhancing shareholder value.

Most recently, the company was awarded a significant contact center project for the governmental authority responsible for data and AI transformation, further cementing its role in Saudi Arabia’s digital evolution. These partnerships highlight Connect-PS’s pivotal role in supporting the Kingdom’s ambitious digital transformation objectives.


Social Development Bank launches entrepreneurship forum ‘DeveGo 2025’ in Riyadh

Updated 22 December 2025
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Social Development Bank launches entrepreneurship forum ‘DeveGo 2025’ in Riyadh

The Social Development Bank has launched the second edition of the Entrepreneurship and Modern Business Practices Forum, known as DeveGo 2025, at the King Abdulaziz International Conference Center in Riyadh. The event runs from Dec. 21 to 23, under the patronage of Minister of Human Resources and Social Development and Chairman of SDB’s Board of Directors Ahmed bin Sulaiman Alrajhi. This landmark forum positions itself as the region’s leading platform for entrepreneurship, innovation, and setting the latest trends in modern work practices, bringing together local and international entrepreneurs, investors, and thought leaders. This year’s edition is being held under the theme “Don’t start from zero… start from DeveGo.”

DeveGo 2025 serves as a comprehensive national platform showcasing the latest trends in entrepreneurship through a range of diverse panel discussions, workshops, and other initiatives. The forum brings together an elite group of local and international entrepreneurs, investors, experts, government leaders, as well as prominent global figures in innovation and entrepreneurship, including Rebeca Grynspan, secretary-general of the UN Conference on Trade and Development, futurist Ian Khan, and Jonathan Greechan, CEO of the Founder Institute, among other experts, thought leaders, and entrepreneurs. Their participation reinforces the forum’s international focus and enriches its agenda by enabling the sharing of the latest knowledge and experiences from diverse global markets.

DeveGo 2025 will witness the launch of a package of supportive programs and initiatives, including new financial products specifically designed to meet the needs of entrepreneurs and startups, in addition to the signing of strategic agreements and partnerships aimed at stimulating entrepreneurial ventures, creating opportunities, and empowering the most promising projects — all while opening new pathways for growth. The forum will also host the “NEXT UP Challenge,” which will enable 20 startups to showcase their innovative projects and solutions before a panel of experts and specialists, while offering entrepreneurs a unique opportunity to connect with more than 50 local investors during the third day of the forum.

In addition, the forum will host the “DeveGo Handicrafts Competition,” which celebrates high-quality small enterprises that have evolved into impactful success stories with clear economic and social impact. 

The “Salam Award for Promising Projects” will be given in collaboration with Saudi Telecom Integrated Company, or Salam, to encourage entrepreneurs and startup owners to present their projects in a smart and simplified manner, on social media platforms. 

Furthermore, DeveGo 2025 offers participants and visitors a comprehensive, interactive, and knowledge-driven experience designed to enhance awareness of the entrepreneurship ecosystem, as well as financial and non-financial programs. This will include training and consultancy services to support growth across three main tracks: the “Inspiration Zone,” focusing on modern technologies and the creative economy; the “Growth Zone,” dedicated to modern business models, flexible work, franchising, and business development; and the “Entrepreneurship Zone,” which highlights future economic trends, venture capital, and sustainability.

The forum is expected to attract more than 25,000 visitors over three days, who will benefit from specialized workshops and advisory sessions delivered by more than 50 consultants and experts, providing an integrated experience in business development, guidance, and innovation.