NEWS
Qiddiya Investment Company selects Yardi’ s cloud real estate platform
culture. Located just outside Riyadh, the 360-square-kilometre development is expected to attract millions of visitors annually and serve as a new global hub for leisure and tourism. The scale of the project positions it as a central driver in the country’ s efforts to diversify its economy.
“ Qiddiya is redefining the future of entertainment and cultural development in the region,” said Said Haider, Senior Director for Yardi.“ We are honoured to support their vision with technology that drives operational performance and client satisfaction.”
Yardi has announced that Qiddiya Investment Company( QIC) will utilise its cloud-based asset and property management platform to enhance its commercial real estate operations. The partnership marks a significant step in supporting the growth of one of the most ambitious projects in Saudi Arabia.
One of QIC’ s major projects, Qiddiya City, is being developed into a premier destination for entertainment, sports and
Qiddiya Investment Company is playing a key role in realising Vision 2030 by developing Qiddiya City into the capital of entertainment, sports and culture. The initiative will expand the entertainment sector, improve quality of life and accelerate tourism growth across Saudi Arabia.
Yardi, a wholly owned subsidiary of the Public Investment Fund( PIF), develops and supports investment and property management software for real estate companies of every type and size. With more than 10,000 employees worldwide, Yardi collaborates with clients globally to deliver innovative technology and strengthen the real estate industry.
Cloudera announces plan to establish office in KSA
Cloudera has announced plans to establish an office in the Kingdom of Saudi Arabia( KSA).
This builds on years of collaboration with local organisations and supports Saudi Arabia’ s Vision 2030 for accelerated Digital Transformation. Cloudera will launch its office in early 2026, giving staff a local base and customers direct access to the company.
“ Saudi Arabia is investing heavily in building one of the most ambitious digital economies anywhere. By creating a local entity, we are making clear our commitment to the Kingdom’ s long-term goals. Customers can rely on our hybrid platform to keep their data where it belongs, meet compliance requirements and still unlock the full benefits of AI at scale.”
Cloudera has supported customers in KSA for more than six years, including in major industries such as telco, banking and financial services, oil and gas and government. Establishing a local legal entity provides the company with a more substantial presence on the ground and enables it to support national priorities in data rules, innovation and skills training.
Ahmad Issa, Regional Vice President, Cloudera, said:“ Customers want trusted partners on the ground who understand how the rules work in practice. This announcement solidifies our relationships, helps build stronger partnerships and creates opportunities to train and hire local talent so Cloudera Arabia can grow alongside the Kingdom’ s transformation.
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