Investment10 Feb 2025, 02:22 pm
Redington Unveils SAR 2 Billion Spending Plan for the Kingdom at LEAP 2025
AI Summary
Redington, a leading technology aggregator, has announced a SAR 2 Billion spending plan for the Kingdom of Saudi Arabia at LEAP 2025. The spending will be funded through internal accruals and will include a state-of-the-art HQ, a cutting-edge automated and smart distribution center, and investments into building talent. The company has had an on-ground presence in Saudi Arabia for the last 24 years and delivered $1.5 billion worth of technology in 2024 alone. Redington is committed to aligning its efforts with Saudi Vision 2030 and playing an active role in bringing its transformative goals to life.
Key Highlights
- Redington to spend SAR 2 Billion in the Kingdom over the next decade
- Spending includes a state-of-the-art HQ, a cutting-edge automated and smart distribution center, and investments into building talent
- Redington has had an on-ground presence in Saudi Arabia for the last 24 years
- Redington delivered $1.5 billion worth of technology in 2024 alone in Saudi Arabia
- Redington is committed to aligning its efforts with Saudi Vision 2030