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Tamasyk expands into Middle East with Riyadh office

Tamasyk expands into Middle East with Riyadh office

Tamasik Holdings, a Singaporean company, announced its intention to open an office in Riyadh during the first half of 2027 to strengthen its presence in the Middle East region and capitalize on sustainable investment opportunities in Saudi Arabia that align with the economic transformation and diversification programs. Its current portfolio value stands at 518 billion Singapore dollars (approximately 401 billion US dollars), with operations in nine countries through 13 offices. By 2027, the company expects to expand its network to 15 offices across 11 countries. The new office aims to build long-term partnerships and explore opportunities in sectors such as financial services, technology, transportation, and renewable energy. The company plans to increase its exposure to areas like artificial intelligence and infrastructure to 25% by 2031, while deepening its investment relationships in Saudi Arabia and the region overall.

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