Mohamed Eldamanhoury

Chief Operations Officer at Ultimate Solutions Company

Based in Riyadh, Saudi Arabia

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Seniority

C-Team

Department

Operations

Location

Riyadh

Industry

Information Technology and Services

Company size

54

Contact information

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Email

1 credit

m•••••••@usc.net.sa

Phone

5 credits

+966 ••• •••• ••••

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Background

About Mohamed Eldamanhoury

Experienced senior executive with over 19 years of international leadership in telecom, fintech, and technology sectors, focusing on revenue growth, digital transformation, and operational excellence across the Middle East and beyond. Demonstrates a strong history of scaling businesses, leading corporate turnarounds, and securing over $300 million in contracts with global tech companies, telecom providers, and government agencies.Expert in building and managing high-performing teams, aligning strategy with execution, and navigating complex regulatory and governance frameworks to ensure compliance and sustainable growth. Adept at spearheading IoT, cloud, SaaS, AI, and 5G initiatives, optimizing P&L performance, and positioning companies for long-term success, IPO readiness, and M&A opportunities. Recognized for forging strategic partnerships, unlocking new market opportunities, and delivering triple-digit revenue growth in competitive markets. I have a proven track record of securing high-value contracts and partnerships over $300M in closed deals with major players such as STC, Nokia, and government stakeholders while leading operations that enhance efficiency and agility. At AFRO Saudi, I led a transformative strategy that tripled revenue through fintech innovation, digital wallets, and AI-powered automation. Previously, I spearheaded a full-scale turnaround at Hayat Communications, reducing operational costs by 30% and restoring profitability within a year. My expertise lies in aligning business strategy with market opportunities, leading cross-functional teams, and executing at scale. Whether driving large-scale IoT and SaaS rollouts, securing $ 130 M+ in MNO/fintech partnerships, or ensuring global compliance with AML, KYC, and GDPR, I bring a balance of strategic vision, operational execution, and stakeholder alignment that positions companies for enduring growth. I'm passionate about digital disruption, cross-border collaboration, and mentoring future leaders—always focused on turning complexity into opportunity and delivering measurable impact.

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