On the sidelines of HRH Crown Prince Mohammed bin Salman’s visit to Washington, DC, Takamol Holding, a Saudi company, finalized more than 20 strategic agreements with investments exceeding 140 million Saudi Riyals at the recent Saudi-US Investment Forum. The event also featured the launch of T-Cube, an initiative focused on supporting digital development and entrepreneurship in Saudi Arabia. These actions reflect Takamol’s contribution to the Kingdom’s economic diversification and key development areas.
Dr. Ahmed Al-Yamani serves as the CEO of Takamol Holding. Under his leadership, the company has established partnerships across academia, technology, consulting, and governance, with the objective of strengthening local capabilities and addressing upcoming economic challenges.
Among Takamol’s key partnerships are educational collaborations with Georgetown University, the University of New Haven, and the University of Chicago. These partnerships will introduce stackable courses in fields such as cybersecurity, economics, and data analytics. The programs are designed to begin by the first quarter of 2026 and intend to increase the availability of advanced education for Saudi students.
Dr. Al-Yamani noted, “Today, 63% of Saudis are under 30. This generation is the largest reservoir of talent our country has ever seen. When we surround them with strong education, technology, and guidance, they have the opportunities to build the current and next Saudi economy and society.”
In the technology sector, Takamol has signed agreements with companies including Google Cloud, Napster, Teradata, and Oracle. These partnerships are centered on expanding digital infrastructure and cloud services to support the Kingdom’s growing technology markets. Industry projections anticipate the cloud market in Saudi Arabia will nearly double from 2025 to 2030, marking a significant trend that these agreements aim to support.
Governance and advisory engagements feature collaborations with entities such as ZMH Advisor, Hogan Lovells, The Clearing House, Kearney, Boston Consulting Group (BCG), and McKinsey. These partnerships will provide expertise and governance models to assist with the implementation of Takamol’s projects, including the newly introduced T-Cube initiative.
T-Cube is a digital platform that connects Saudi talent with ongoing transformation projects, aiming to build an ecosystem where youth gain practical skills through active involvement. Dr. Ahmed Al-Yamani explained that the initiative serves as a step toward developing Saudi expertise to rank among the top 5% globally. It facilitates the transfer of consulting methods and practical experience by integrating Saudi teams with international consulting firms such as McKinsey, BCG, and Kearney. This collaborative approach supports the creation of a unified system linking human capital, technology, and governance and reinforces economic policies based on data-driven analysis. Current labor market statistics indicate that Saudi Arabia’s workforce participation rate is around 51%, with female participation at approximately 36.2%. Takamol’s T-Cube and other initiatives aim to address employment and skills gaps by providing training and project experience tailored to market needs.
The work Takamol is doing falls within the broader context of Saudi Arabia’s national objectives for workforce localization and digital transformation. By investing in education, technology, governance, and workforce development, Takamol is positioning itself as a contributor to these goals. The agreements signed at the Saudi-U.S. Investment Forum represent a multifaceted approach that combines international expertise with local capacity building. The partnerships cover educational advancements, digital infrastructure expansion, consultancy, and legal and governance advisory services. These sectors are targeted to support a sustainable economic environment and enhance the competitiveness of Saudi people, policies, and companies locally and globally.
In summary, Takamol Holding’s recent activities at the forum emphasize strategic collaboration and capacity building. The company’s work focuses on delivering tangible developmental projects and initiatives. While the T-Cube platform serves as a step toward engaging youth in economic transformation, the bigger spectrum of partnerships and agreements reflects the complexity and scope of the challenges Takamol aims to address. By aligning investments with the needs of a young and growing population along with a constantly changing technology landscape, Takamol seeks to contribute to the Kingdom’s ongoing economic development through practical measures and partnerships, emphasizing concrete actions.
