One year ago, Alakris Group’s portfolio IT company participated in the prestigious GITEX technology exhibition in Dubai. This event opened doors to numerous international contacts, many of which are now turning into valuable clients. This year, Alakris Group secured a significant contract with a company based in Riyadh, the capital of Saudi Arabia, to develop and grow a beauty services marketplace tailored for women. Saudi Arabia is on the path of opening its borders to tourists, diversifying its economy, and enhancing women’s rights, creating a perfect environment for innovative projects.

With over five years of experience developing marketplaces and successfully delivering projects in more than 15 countries, Alakris Group continues its expansion into Middle Eastern markets. Additionally, this month, Alakris signed contracts to supply software for a food tech company in the UAE.

Recognizing the potential of the region, the Alakris Group Board of Directors has decided to increase funding for projects focused on exporting software solutions, particularly in the fields of artificial intelligence, blockchain, and digital financial assets. The company has noted that the profit margins in the Middle Eastern markets are significantly higher than in domestic markets or CIS countries.

Alakris Group is excited about this new chapter of international growth and looks forward to being a part of the technological transformation in the region

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