Dar Al Balad Business Solutions is a Saudi Arabian information technology and services firm, founded in 1999 by Dr Ibrahim bin Salamah, former vice-chairman and managing director of Sabic. It is based in Riyadh with branches across Saudi Arabia and also in Bahrain.
The company offers managed IT services, digital transformation consulting, business-managed and smart Internet of Things services covering sectors including banking, government, healthcare and telecommunications. The Company achieved revenues exceeding SAR 200 million. The Company acquired 100% of the share capital of GSC, a provider of industrial solutions.
The Saudi Exchange approved the Company's application for the listing of the Shares on the Main Market on 11 August 2025 and the Capital Market Authority approved the Company's application for the initial public offering of 21,000,000 ordinary shares (representing 30% of the Company's share capital) on 31 December 2025.
Facts compiled by Executive Moves from publicly available news and press releases on 21 August 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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