https://arab.news/2hbtg
Connect-PS, a provider of information technology solutions and services, has announced a joint venture with Al-Haddad Group in Saudi Arabia. This strategic alliance marks a significant milestone in Connect-PS’s ambitious growth trajectory and supports its expansion plans in the Middle East.
The partnership is built on a foundation of shared vision to add a remarkable footprint to the Saudi IT sector and to contribute effectively in realizing the digital transformation objectives of Saudi Vision 2030.
The impact of this partnership extends beyond the corporate realm. Connect-PS has already established itself as a trusted partner for key government institutions in Saudi Arabia, showcasing its expertise in critical IT infrastructure and services. From securing a consulting framework agreement with a major financial government authority to executing tech-refresh projects for a leading government services provider, Connect-PS has demonstrated its capacity to drive technological advancement in the public sector.
Connect-PS offers a track record of delivering IT expertise with customer focus and quality performance. Al-Haddad Group, a well-rooted Saudi brand with decades of market presence, offers its telecommunications expertise and robust business network in the Kingdom.
Connect-PS and Al-Haddad Group have announced a mutual commitment to expand their operations in the Saudi market in the coming years, relying on their joint venture, which will provide additional capital to fuel innovation and capture emerging market opportunities.
Mohamed Moheb, CEO of Connect-PS
“We have been operating in the Kingdom for more than eight years and built an elite brand for our services. This strategic partnership with Al-Haddad Group will support our business expansion plans and we aim to increase our market share, adding valuable impact on the Saudi market in the next four years,” said Mohamed Moheb, CEO of Connect-PS.
“The joint venture with Connect-PS aligns with our strategy to diversify our revenue streams and will expand our capacity to approach new market segments and create unprecedented value for our customers,” said Chairman of Al-Haddad Group Bashir Al-Haddad.
Connect-PS has demonstrated remarkable growth in recent years, with an average annual growth rate of 30 percent between 2018 and 2021, accelerating to 40-45 percent year-over-year from 2022 to 2024. This growth trajectory reflects the company’s agility in adapting to market demands and its strategic focus on enhancing shareholder value.
Most recently, the company was awarded a significant contact center project for the governmental authority responsible for data and AI transformation, further cementing its role in Saudi Arabia’s digital evolution. These partnerships highlight Connect-PS’s pivotal role in supporting the Kingdom’s ambitious digital transformation objectives.