Following the event, Humain’s CEO Tareq Amin posted on LinkedIn to say that he was “looking for a few exceptional individuals” to join the company as it prepares to launch an IPO.
Top-tier management consulting experience, strong financial and strategic depth, and experience in investor-facing strategy and IPO preparation are among the key areas of expertise Amin is searching for.
Amin first mooted the IPO plan last October, saying he hoped to do a dual listing in both Saudi Arabia and New York by 2029.
Meanwhile, Bloomberg reported last week that the company is also looking to tap global and local investors to raise a $2.5 billion fund to finance a new wave of data center expansion across the kingdom.
The fund will help finance data center capacity of 250 megawatts (MW) that Humain is developing in partnership with Al Moammar Information Systems, one of the largest IT companies in Saudi Arabia. The project could eventually be expanded to up to 1 gigawatt (GW).
