HUMAIN aims for dual listing on Tadawul, NYSE in 3-4 years: CEO

28/10/2025 Argaam
Tareq Amin, CEO ofHUMAIN

Tareq Amin, CEO of HUMAIN


HUMAIN, a Public Investment Fund (PIF) portfolio company, plans to list on both the Saudi Exchange (Tadawul) and the New York Stock Exchange (NYSE) within the next three to four years, CEO Tareq Amin said.

 

Amin made the remarks to Asharq Al-Awsat today, Oct. 28, during a press conference held on the sidelines of the Future Investment Initiative (FII) conference in Riyadh.

 

According to data available with Argaam, Crown Prince and Prime Minister Mohammed bin Salman launched HUMAIN in May 2025 as one of PIF’s portfolio companies.

 

The firm aims to develop and manage artificial intelligence (AI) solutions and technologies, in addition to investing in the broader AI ecosystem.

 

HUMAIN focuses on delivering advanced AI models and applications, including the development of one of the leading Arabic large language models (LLMs), as well as the next generation of data centers and cloud computing infrastructure.

 

In May 2025, Amazon Web Services (AWS)—a subsidiary of Amazon, listed on the Nasdaq—and HUMAIN announced, in May, plans for a strategic partnership involving an investment exceeding $5 billion to establish an “AI Zone” in Saudi Arabia.

 

Amin said HUMAIN is also preparing to launch six new products this month, according to a previous statement to Argaam in August.

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