Page 27 - UNIFONIC PR REPORT - April 2024
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4/5/24, 12:46 PM     Saudi Minister of Communications and Information Technology visits Unifonic’s new headquarters in Riyadh - MAAAL NEWS
        Unifonic is committed to advancing Saudi Arabia’s vision of an ecosystem that supports

        local tech companies. These companies will increasingly play a critical role in economic

        diversification, job creation, and sustainable growth.


        Unifonic’s new office in Riyadh, which

        features  innovative  facilities,  positions

        the  company  at  the  center  of  Saudi                دﯾزﻣﻟا أرﻗا  A US lawsuit against Huawei is

        Arabia’s ambitions to become a global                             headed to trial in early 2026

        hub  for  innovation.  From  its  new                             “TASI” rises 0.7%, closes above

        headquarters, Unifonic wants to foster                            12,700 points… “Nomu” gains

        digital  transformation  across  diverse                          0.7%
        industries  in  alignment  with  Saudi                            CMA approves Acwa Power

        Arabia’s Vision 2030.                                             request to increase capital
                                                                          through bonus shares issuance

        Saudi  Arabia  has  taken  significant

        steps  to  deepen  the  role  that

        entrepreneurs and start-ups play in the

        local economy as part of Saudi Vision 2030.



        Ahmed Hamdan, CEO and Co-Founder of Unifonic, said: “Unifonic is proud of its Saudi
        roots  and  its  position  within  the  Kingdom’s  tech  ecosystem.  We  are  grateful  for  the

        ongoing support and dialogue with the Ministry and other governmental entities. Their

        commitment  to  a  dynamic  tech  landscape  has  created  an  ecosystem  that  supports

        ideas and innovation.”



        CEO  Hamdan  added,  “Initiatives  such  as  the  Saudi  Unicorns  Program,  which  we

        proudly  participate  in,  create  an  environment  where  innovation  can  flourish.  They

        position  Saudi  Arabia  as  an  international  hub  for  cutting-edge  technology  and
        entrepreneurship.”



        During His Excellency Alswaha’s visit, both parties explored prospects for collaboration

        with the Ministry of Communications and Information Technology’s community. Strategic






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