Wipro Limited, a global technology services and consulting company, has announced the relocation of its Middle East regional headquarters from Al Khobar to Riyadh, Saudi Arabia. The move underscores Wipro’s continued commitment to expanding its footprint in the region and supporting the Kingdom’s digital transformation initiatives.
The new office in Riyadh was inaugurated in a ceremony attended by Wipro's executive leadership, employees, and key customers.
The relocation is in line with the objectives of Saudi Vision 2030, which aims to establish the Kingdom as a global hub for technology and innovation. Mohammed AlRobayan, Deputy Minister for Technology at the Ministry of Communications and Information Technology (MCIT), highlighted the strategic importance of this move, stating, “The inauguration of Wipro's new regional headquarters in Riyadh marks a significant milestone that contributes to accelerating the growth of the Kingdom's digital economy.”
He further noted Wipro’s investment in developing national talent as vital to achieving long-term sustainability in the tech sector.
In a parallel development, Wipro has signed a Memorandum of Understanding (MoU) with Prince Mohammad Bin Fahd University (PMU) to establish a Center of Excellence (CoE) in Riyadh. This initiative is designed to upskill young Saudi nationals in advanced technologies, offering academic training, practical experience, and access to Wipro’s vast resources. The CoE aims to create a strong talent pipeline to support both local enterprises and the broader digital ecosystem.
The relocation is also marked by a leadership update, with Mohamed Mousa appointed as the new Managing Director for Wipro Middle East, operating out of the Riyadh headquarters. Vinay Firake, CEO of APMEA at Wipro, emphasised the importance of this strategic move in strengthening Wipro’s regional leadership and fostering a future-ready workforce.
On June 10, 2025, Wipro share price opened at ₹252.90, up from its previous close of ₹251.29. At 9:27 AM, the share price of Wipro was trading at ₹253.40, up by 0.84% on the NSE.
Also Read: Wipro Block Deal: Over ₹5,000 Crore Worth of Stock Changes Hands!
Wipro’s establishment of its new regional headquarters in Riyadh and its collaboration with PMU signals a deeper investment in Saudi Arabia’s digital future. It reflects Wipro’s vision to drive sustainable growth, support national development goals, and enhance the Kingdom’s standing as a global technology hub.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 10, 2025, 12:17 PM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates