Raafat Sindi, Chief Revenue Officer at CNTXT
Raafat Sindi, Chief Revenue Officer at CNTXT, said the company’s revenue has grown more than fourfold over the past three years, driven by accelerating demand for cloud services in Saudi Arabia as well as the expansion of its business. 
In an interview withArgaam, Sindi said the company’s revenue mix has begun to shift, noting that the resale of Google Cloud services accounted for the bulk of revenue during its early years. Meanwhile, professional services and CNTXT’s proprietary products are now making an increasing contribution to growth.
He said the company is currently focused on growth rather than short-term profitability, explaining that it is investing in market expansion, building specialized capabilities, and increasing the contribution of value-added services and proprietary technologies.
CNTXT currently serves more than 400 corporate and government customers, including entities operating some of the Kingdom’s critical infrastructure, Sindi added.
Consumption of Google Cloud services through CNTXT, according to the executive, doubled year-on-year in 2025. He expects that figure to double again in 2026 based on the current growth trajectory.
He noted that customers in Saudi Arabia are moving from the early stages of cloud adoption toward more advanced applications involving data, analytics and artificial intelligence. This is expanding CNTXT’s role beyond providing cloud infrastructure to helping customers build the data environments and capabilities required to deploy these technologies, the executive added.
Regarding competition in the Saudi market amid growing investments by global cloud computing companies, Sindi said increased investment by global players is a positive development for the market, reflecting the scale of demand generated by the Kingdom’s digital transformation and giving customers more options as their technology needs evolve.
Raafat Sindi, Chief Revenue Officer at CNTXT
Raafat Sindi, Chief Revenue Officer at CNTXT, said the company’s revenue has grown more than fourfold over the past three years, driven by accelerating demand for cloud services in Saudi Arabia as well as the expansion of its business.
In an interview withArgaam, Sindi said the company’s revenue mix has begun to shift, noting that the resale of Google Cloud services accounted for the bulk of revenue during its early years. Meanwhile, professional services and CNTXT’s proprietary products are now making an increasing contribution to growth.
He said the company is currently focused on growth rather than short-term profitability, explaining that it is investing in market expansion, building specialized capabilities, and increasing the contribution of value-added services and proprietary technologies.
CNTXT currently serves more than 400 corporate and government customers, including entities operating some of the Kingdom’s critical infrastructure, Sindi added.
Consumption of Google Cloud services through CNTXT, according to the executive, doubled year-on-year in 2025. He expects that figure to double again in 2026 based on the current growth trajectory.
He noted that customers in Saudi Arabia are moving from the early stages of cloud adoption toward more advanced applications involving data, analytics and artificial intelligence. This is expanding CNTXT’s role beyond providing cloud infrastructure to helping customers build the data environments and capabilities required to deploy these technologies, the executive added.
Regarding competition in the Saudi market amid growing investments by global cloud computing companies, Sindi said increased investment by global players is a positive development for the market, reflecting the scale of demand generated by the Kingdom’s digital transformation and giving customers more options as their technology needs evolve.
