Saudi Arabia all set to be hub for cloud computing technologies
STC, eWTP Arabia Capital, and Alibaba Cloud forge partnership
December 28, 2020
RIYADH — Saudi Telecom Company (STC), the largest telecom operator in the Kingdom, and eWTP Arabia Capital, one of the largest venture capital funds in the region, jointly announced on Monday that they will partner with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group to provide the high-performance public cloud service in Saudi Arabia.
The company views the Kingdom as the strategic epicenter of its operations in the region and is keen to make its contribution to Saudi Arabia’s Vision 2030.