Cybersecurity group Darktrace has introduced plans to ascertain a brand new workplace in Saudi Arabia because it appears to bolster its presence within the MENA area.
The brand new Riyadh-based entity will serve buyer throughout the Center Japanese Kingdom, in step with the corporate’s plans to extend its buyer base within the space, following the institution of its Dubai workplace again in 2017.
The Cambridge-headquartered agency at present has 280 clients throughout MENA with 30 present workers within the area, set to extend after it opens its Riyadh location.
“With Saudi Arabia investing greater than $14.9bn in AI and rising applied sciences and its cybersecurity market set to develop at as much as 13% yearly, our presence in Riyadh ensures we will assist organisations in some of the dynamic and fast-evolving markets on this planet,” mentioned Nicole Eagan, co-Founder and strategic advisor at Darktrace.
“It’s one other necessary step in Darktrace’s development technique as we proceed to spend money on markets the place we see sturdy demand for AI-driven cybersecurity.”
The agency has additionally dedicated to becoming a member of the Saudi British Joint Enterprise Council, a personal sector-led group that promotes enterprise and commerce between the nations.
Darktrace has declared its assist for Saudi Arabia’s flagship Imaginative and prescient 2030 scheme, a plan to diversify the Kingdom’s financial drivers past fossil fuels by way of expertise, leisure and sports activities.
Saudi Arabia has been accused of selling its endeavours in sports activities and leisure to distract from its quite a few human rights and political controversies.
The brand new workplace is anticipated to open in 2026.
