Naif Al Rajhi Investment (NRI) has acquired a strategic stake in Mawdoo3, a leader in Arabic AI and data solutions. This move aligns with NRI’s strategy to diversify its portfolio and expand into high-potential sectors.
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Mawdoo3 operates over 200 websites, including the top-visited Arabic site Mawdoo3.com and WebTeb.com, the region’s largest digital medical platform. Attracting tens of millions of visitors monthly, its platforms house over one million expert-written articles.
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Naif Saleh Al Rajhi, Chairman and CEO of Naif Al Rajhi Investment, stated: “This acquisition aligns with Saudi Vision 2030 and marks our entry into the tech and AI sectors. We are excited to partner with Mawdoo3, a regional leader in digital content and AI.”
Rami Qawasmi, Co-Founder and CEO of Mawdoo3, added: “We are thrilled about this partnership with Naif Al Rajhi Investment. It will help us expand our offerings, drive regional digital transformation, and grow from Saudi Arabia to the global market. This acquisition will enhance Mawdoo3’s presence in Saudi Arabia, utilizing the Kingdom’s ecosystem to develop advanced AI tools, attract top talent, and foster Arabic-language technology innovation.”
Mawdoo3 was among the first regional companies to invest in AI, launching an NLP toolkit in 2018 and commercializing products such as:
- Qalam.ai: A generative AI tool tailored to Arabic needs.
- Salma.ai: An AI-powered Virtual Financial Assistant.
Building on its expertise, Mawdoo3 developed sector-specific LLMs, collaborated with governments, and provided tailored AI solutions.
Through Waraqa.com, Mawdoo3 enhances LLMs with high-quality data verified by expert freelancers. These datasets significantly improve Arabic-language AI applications.
Mawdoo3’s Alweb.com, a CMS and SEO solution, powers hundreds of regional websites, enabling businesses to efficiently manage and optimize their content.
About Mawdoo3
Founded in 2010 by Rami Qawasmi and Mohammad Jaber, Mawdoo3 is a leader in Arabic AI and digital content. Operating over 200 platforms, including Mawdoo3.com, the top Arabic site, and WebTeb.com, the largest regional medical platform, Mawdoo3 attracts over 50 million monthly users and offers more than one million expert-written articles and videos across diverse topics.
Pioneering Arabic AI, Mawdoo3 launched the region’s first comprehensive NLP toolkit in 2018 and developed innovative solutions like Qalam.ai, a generative AI tool, and Salma.ai, an Arabic voice assistant. Its tools serve sectors such as travel, telecom, and electronics, offering advanced Arabic-language AI applications.
About Naif Al Rajhi Investment (NRI)
Naif AlRajhi Investment is a Saudi company headquartered in Riyadh, Saudi Arabia, with branch offices in Dubai and London. Its investments are spread over more than 35 companies and 13 different industries. Naif Al Rajhi Investment prides itself on its diversified and risk-managed investment portfolio.
