Saudi Arabia IT Solutions Company Ejada to File for IPO at Reported $1.5 Billion Valuation, Previous IPO Approval Lapsed after 6 Months in 2025 May, Founded in 2005 with Merger of 3 Companies (ACT, Newtek & Elite)
25th June | Hong Kong
Saudi Arabia IT solutions company Ejada is planning to file for IPO (Saudi Exchange) at reported $1.5 billion valuation, after previous IPO approval lapsed after 6 months in 2025 May. Ejada was founded in 2005 with merger of 3 companies (ACT, Newtek & Elite). Profile – ejada is a leading technology solutions provider in the Middle East and North Africa (MENA) region, headquartered in Saudi Arabia since 2005. We have transitioned from a conventional IT solutions provider to an orchestrator in digital transformation services, extending beyond the traditional scope of ICT. We provide comprehensive support to government and private sector organizations in their journey toward complete digitization. As the Kingdom of Saudi Arabia embraced the digital revolution, ejada stood at the forefront. Armed with a portfolio of state-of-the-art mobility and CX, applications integration, data and analytics, cloud, cybersecurity, and emerging technology solutions. With a reputation for excellence and a relentless pursuit of innovation, ejada became synonymous with trust and reliability in the technology landscape.
“ Saudi Arabia IT Solutions Company Ejada to File for IPO at Reported $1.5 Billion Valuation, Previous IPO Approval Lapsed after 6 Months in 2025 May, Founded in 2005 with Merger of 3 Companies (ACT, Newtek & Elite) “
Saudi Arabia IT Solutions Company Ejada to File for IPO at Reported $1.5 Billion Valuation, Previous IPO Approval Lapsed after 6 Months in 2025 May, Founded in 2005 with Merger of 3 Companies (ACT, Newtek & Elite)

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