Egyptian Information and communications technology provider Benya Group is planning to establish an investment arm in Saudi Arabia by the end of June this year, according to a report published in Daily News Egypt.
The move from Benya Group is considered the firm's first step in its expansion in the markets of the Arabian Gulf.
Ayman Al-Bayaa, CEO of Benya Group, said that Saudi Arabia is an excellent market in terms of investment opportunities in the field of data centers, smart city solutions, and information security.
Headquartered in Cairo, Benya Group is known for providing digital solutions and ICT infrastructure to companies in Egypt and the Middle East and North Africa region.
The company operates in multiple verticals of ICT which include telecommunication services, cloud, and security solutions, hyperscale data centers, manufacturing technology-based solutions and systems integration, according to the company website.
Source: https://www.arabnews.com/node/2083836/business-economy