Redington Limited — Updates, 10-02-2025: Press Release

Redington is making a significant investment in Saudi Arabia, unveiling a SAR 2 billion spending plan at LEAP 2025. This investment will focus on establishing a state-of-the-art headquarters, an automated distribution center, and enhancing local talent development strategies. The company has already demonstrated its commitment with 24 years of presence in the region and delivering technology worth $1.5 billion in 2024.

Aligning with Saudi Arabia's Vision 2030, Redington aims to support local businesses and drive technological growth through its initiatives, including the Najem Program to develop local talent. With market positioning as a key player in the tech ecosystem, Redington is poised to contribute to the Kingdom’s ambitious digital transformation goals, providing essential resources for startups and SMEs. Investors should note the positive outlook for Redington, given its proactive approach and depth of commitment to the region, positioning it strongly within a rapidly evolving market landscape.