Yalla Group to open regional headquarters in Riyadh 

The new headquarters was announced during a meeting held in Beijing, China. Supplied
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Updated 09 November 2025
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Yalla Group to open regional headquarters in Riyadh 

RIYADH: Saudi Arabia’s push to attract global technology and gaming firms gained momentum as Yalla Group Ltd. said it will establish its regional headquarters in Riyadh. 

The new office, slated to open in the first half of 2026 at Roshn Front, will anchor Yalla’s operations in Saudi Arabia and the wider Gulf, the company said in a statement. 

The announcement follows a meeting in Beijing between Yalla’s leadership and Prince Faisal bin Bandar bin Sultan Al Saud, chairman of the Saudi Esports Federation and the Arab Esports Federation. 

The facility is expected to strengthen Yalla Group’s presence in Saudi Arabia and leverage the Kingdom’s growing digital and entertainment ecosystem. 

The move comes as Riyadh accelerates efforts to attract multinational firms through its regional headquarters program, which offers tax incentives and procurement advantages. More than 780 companies have received licenses to relocate their regional bases to the Saudi capital, Investment Minister Khalid Al-Falih said at the Future Investment Initiative in October. 

Quoting Prince Faisal, the press release stated that “Yalla Group’s decision to base its regional head office in Riyadh underscores international confidence in the Kingdom’s expanding digital economy and its robust ecosystem for creative industries.”  

He added that the move would broaden the Kingdom’s gaming landscape, create new opportunities for Saudi talent, and support the goals of Vision 2030, which aims to position Saudi Arabia as a regional leader in digital entertainment and technology. 

The new headquarters will serve as a central hub for managing Yalla’s operations and partnerships across Saudi Arabia and beyond. It will also enable the company to forge closer ties with local stakeholders, develop localized gaming content, and foster collaboration across the Kingdom’s entertainment ecosystem. 

Saifi Ismail, president of Yalla Group and CEO of the Riyadh regional headquarters, said: “The opening of our new headquarters in Riyadh marks a strategic milestone in Yalla Group’s expansion plans in the Saudi market. It demonstrates our commitment to contributing to the development of the Kingdom’s advanced digital landscape.”  

He added: “Our new office will serve as the core from which we will manage our operations across Saudi Arabia, enabling us to forge stronger partnerships and drive growth within an integrated technology ecosystem that fosters innovation.” 


Closing Bell: Saudi main index closes in red at 10,847

Updated 25 February 2026
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Closing Bell: Saudi main index closes in red at 10,847

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 58.51 points, or 0.54 percent, to close at 10,847.93.

The total trading turnover of the benchmark index was SR3.78 billion ($1 billion), as 73 of the listed stocks advanced, while 187 retreated.

The MSCI Tadawul Index decreased, down 7.09 points or 0.48 percent, to close at 1,472.98.

The Kingdom’s parallel market Nomu lost 178.75 points, or 0.77 percent, to close at 22,916.83. This comes as 30 of the listed stocks advanced, while 37 retreated.

The best-performing stock was the Power and Water Utility Co. for Jubail and Yanbu, with its share price surging by 8.47 percent to SR31.24.

Other top performers included Saudi Paper Manufacturing Co., which saw its share price rise by 6.13 percent to SR53.70, and Jamjoom Pharmaceuticals Factory Co., which saw a 4.58 percent increase to SR137.

On the downside, the worst performer of the day was CHUBB Arabia Cooperative Insurance Co., whose share price fell by 5.14 percent to SR17.53.

Saudi Kayan Petrochemical Co. and Arabian Internet and Communications Services Co. also saw declines, with their shares dropping by 4.87 percent and 4.43 percent to SR4.88 and SR181.40, respectively.

On the announcement front, Saudi Kayan Petrochemical Co. announced its annual financial results for 2025, with sales dropping 3.06 percent year-on-year to SR8.45 billion. The company also recorded a net loss of SR893.86 million.

In a Tadawul statement, the company said the net loss and decline in annual sales were driven by a drop in average selling prices, despite higher sales volumes.