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Biban sees signing of deals worth billions of dollars to propel Saudi SME sector - Vimarsana News

Biban sees signing of deals worth billions of dollars to propel Saudi SME sector

RIYADH: The Biban 23 Forum witnessed the signing of more than 10 deals and memorandums of understanding worth over SR10.6 billion ($2.8 billion) on its third day, the Saudi Press Agency reported. The agreements aim to contribute to the growth and sustainability of Saudi Arabia’s pioneering SME sector. During the forum, the Small and Medium Enterprises Bank announced the

Tech Stalwarts Set to Promote a Data-driven Kingdom in Saudi Arabia at the World Cloud & Data Center Show - Vimarsana News

Tech Stalwarts Set to Promote a Data-driven Kingdom in Saudi Arabia at the World Cloud & Data Center Show

Officially supported by the Saudi Cloud Computing Association, Trescon-s World Cloud & Data Center Show is hosting global front-runners of the cloud and data center industries. An event to commemorate the bigwigs of cloud, the World Cloud & Data Center Show will be held on the 28 – 29 November at InterContinental Riyadh in Saudi Arabia. Riyadh, KSA, Nov 16, 2022 - (ACN Newswire) - The Saudi Arabian market is anticipated to grow due to rising demands for quicker and simpler cl

Saudi Arabia proclaims its investment prowess in Future Investment Initiative - Vimarsana News

Saudi Arabia proclaims its investment prowess in Future Investment Initiative

RIYADH: With more than 6,000 of the world’s business leaders, policymakers, investors, entrepreneurs and tech experts, the 6th edition of the Future Investment Initiative proclaiming Saudi Arabia’s investment might and transforming business environment concluded in Riyadh on Oct 27. During Thursday’s session, delegates explored various issues, including the necessity of

Saudi Cloud Computing Co. launches services as Riyadh becomes hub for Alibaba Cloud - Vimarsana News

Saudi Cloud Computing Co. launches services as Riyadh becomes hub for Alibaba Cloud

RIYADH: Saudi Cloud Computing Co. has launched its services in the Kingdom after choosing Riyadh as a regional hub for Alibaba Cloud operations in the Middle East. The firm revealed the launch of two data centers in Riyadh, as part of 16 throughout Saudi Arabia, the Saudi Press Agency reported. SCCC is a new joint venture formed by Alibaba Cloud, Saudi Telecom Co. Group, eWTP

MENA Project Tracker: Saudi telecom giant stc partners with a consortium to launch $238m cloud firm - Vimarsana News

MENA Project Tracker: Saudi telecom giant stc partners with a consortium to launch $238m cloud firm

RIYADH: Saudi telecom Co., now known as stc, has partnered with a consortium, led by eWTP Arabia Capital, to set up a cloud computing unit with SR894 million ($238 million) capital. stc will take 55 percent stake in the company with SR492 million investment, whereas eWTPA will hold a 27 percent stake. Alibaba Cloud Singapore will come on board with a 10 percent stake while