MoU signed for JV in Saudi Arabia

Gulf Today, Staff Reporter

Eleks, as a global software company, is further expanding its reach with the signing of a landmark memorandum between its Middle Eastern office and Abdullah Almishal Contracting Est. from the Kingdom of Saudi Arabia (KSA).

The joint venture will see the Top 100 Global Outsourcing company establish a new office in KSA, broadening its scope to service clients across the continent, where it has already seen the business flourish since the opening of its hub in the UAE.

The signing by Dr Hozan Aussi, General Director of Eleks Middle East, and Abdullah Almishal was witnessed by Eleks’ Founder Oleksiy Skrypnyk and Sheikh Majid Al Nuaimi of the Emirate of Ajman, with the memorandum paving the way for Eleks Saudi Arabia to launch in 2021-2023.

The software leader will offer its KSA customers the same portfolio of cutting-edge software development and consultancy services it provides to clients worldwide from 13 offices spread over three continents.

Speaking of the historic move, Dr Aussi said, “We look ahead with great confidence as the Middle East continues to develop faster than many other regions in the world.”

“We are thrilled to launch Eleks into this untapped market and explore different directions with our new partner and the whole team who have worked tirelessly to secure our cooperation here”.

Eleks, also known as Eleks Software, is an international company that provides custom software engineering and consulting services, headquartered in Lviv, Ukraine.

The company has about 1500+ employees and operates offices in the United States, Canada, Germany, Estonia, Poland, and the United Kingdom.

Eleks was established as a product company in 1991 by Oleksiy Skrypnyk and his son Oleksiy Skrypnyk.

The company started out with the launch of Dakar, a science-intensive software for power distribution systems for Eastern European markets.