India’s fourth-largest IT services firm, Wipro Limited, has relocated its Middle East regional headquarters from Al Khobar to Riyadh, Saudi Arabia, signaling a deepening commitment to the Kingdom’s digital economy. The new office inauguration was attended by Wipro executives, employees, and customers, marking a strategic milestone in line with Saudi Vision 2030.
Mohammed AlRobayan, Deputy Minister for Technology at Saudi Arabia’s Ministry of Communications and Information Technology (MCIT), hailed the move as a significant contributor to accelerating Saudi Arabia’s digital growth and positioning the Kingdom as a global technology hub.
Wipro also signed a memorandum of understanding (MoU) with Prince Mohammad Bin Fahd University (PMU) to establish a Center of Excellence (CoE) in Riyadh. The CoE will offer academic training in advanced technologies, hands-on experience, and access to Wipro’s global resources, aiming to nurture local technology talent in the Kingdom.
Vinay Firake, Wipro’s CEO for Asia Pacific, India, Middle East & Africa (APMEA), emphasized the company’s commitment to supporting Saudi Arabia’s dynamic business environment and its strategic goals. The appointment of Mohamed Mousa as Managing Director for Wipro Middle East, based in Riyadh, is expected to strengthen the company’s decades-long regional presence.
Globally, Wipro announced a restructuring of its business lines effective April 2025, realigning operations into technology services, business process services, consulting, and engineering to sharpen focus on AI, cloud, and digital transformation. CEO Srini Pallia highlighted this evolution as vital to meeting client needs through consulting-led, AI-powered solutions.
Financially, Wipro reported a 25.9% year-on-year increase in net profit for Q4 FY2024-25 at ₹3,570 crore, despite a 1.2% decline in IT services revenue in constant currency terms, citing macroeconomic challenges and tariff-related impacts on industries.
