Had Communications raises SAR 18 mn investment round

Riyadh - Sharikat Mubasher: The Saudi-based Had for Communications and IT Company secured SAR 18.75 million in an investment round from Almajdiah Investment, the company announced in a statement.

This investment represents a milestone for Had toward achieving its goals and expanding its business to provide more innovative products in the edtech field.

Amin Alzahrani, Founder and CEO of Had for Communications and IT, stated that the strategic partnership with Almajdiah Investment will accelerate the company’s plans to develop its business portfolio, expand clientele, and explore more promising opportunities in the edtech field.

For his part, Nasser Al Majid, CEO of Almajdiah Investment, emphasized the company’s confidence in Had’s innovative products that contribute to advancing the education process in the edtech market that booms locally, regionally, and globally.

 

Contribution Time: 28-Mar-2024 11:42 (GMT)
Last Update Time: 28-Mar-2024 11:42 (GMT)