Nextera opens its headquarters in Kafd to support digital transformation and Vision 2030
In a strategic move reflecting its commitment to supporting the ambitious digital transformation journey in the Kingdom of Saudi Arabia, NextEra, a leading IT solutions provider, announced the opening of its new headquarters in the heart of Riyadh, within the King Abdullah Financial District (KAFD). The opening ceremony was held under the patronage of Eng. Nabil Al-Naeem, Chairman of the Board, and in the presence of Ms. Dina Abu Anq, CEO and Board Member, along with a select group of partners and leaders in the Kingdom's technology sector.
This opening comes amidst the major economic transformations underway in the Kingdom, spearheaded by Saudi Vision 2030. The Vision aims to build a diversified and sustainable knowledge-based and innovation-driven economy, with digital transformation playing a pivotal role in modernizing all public and private sectors. The presence of leading technology companies like Nextera in the Saudi market is a key driver in accelerating this transformation by localizing expertise and providing world-class technological solutions tailored to the needs of the local market.
The importance of the King Abdullah Financial Center (KAFD) as a strategic destination
The choice of King Abdullah Financial District (KAFD) as the company's headquarters was not accidental, but rather reflects its ambitious vision and commitment to being located in one of the region's leading financial and commercial hubs. KAFD is now a world-class destination for business and lifestyle, home to the headquarters of major corporations and financial institutions, providing a comprehensive and stimulating environment conducive to innovation and growth. This strategic location will enable Nextera to build strong partnerships with various stakeholders in both the public and private sectors, and enhance its expansion and growth plans in the Kingdom and the wider region.
A strategic partnership combining global expertise with local understanding
Nextera was established as a joint venture and strategic partnership between Aramco Digital, the digital and technology arm of Saudi Aramco, and LTIMindtree, a leading global technology consultancy and digital solutions provider. This unique alliance gives Nextera an exceptional competitive advantage, combining Aramco’s deep understanding of local and regional market needs with LTIMindtree’s extensive global expertise and cutting-edge technologies. Through this model, the company aims to empower vital sectors in the Kingdom by providing advanced, future-proof technology solutions.
In this regard, Professor Dina Abu Anq affirmed that “this opening represents a new beginning for the company, solidifying its presence in the local and regional market, and a true start to a promising phase of growth and influence in the technology sector.” She added, “At Nextera, we aspire to continue our role as an effective strategic partner in the Kingdom’s digital transformation journey, by providing innovative technological solutions and investing in the development of young Saudi talent.”.
Focus on vital sectors and developing national competencies
Nextera focuses its services on four key sectors: government, banking and insurance, oil and gas, and tourism. The company offers advanced solutions that support efficiency and innovation in these vital areas. In line with its strategy, Nextera prioritizes the development of national talent, having established a state-of-the-art training center in the Eastern Province and planning to expand by launching training centers across the Kingdom. The goal is to prepare a qualified Saudi generation to lead the future of technology and innovation.
Future aspirations towards artificial intelligence
This launch coincides with Nextera's unveiling of a new and innovative product based on advanced artificial intelligence (Agentic AI) technologies, which will be announced soon. This product is expected to revolutionize how organizations manage data and make decisions, redefining the future of digital operations and organizational transformation. This initiative reflects the company's commitment to innovation and delivering cutting-edge technologies that align with Saudi Vision 2030.
