RIYADH: The Saudi Information Technology Co., wholly owned by the Public Investment Fund, is aiming to become a global pioneer in the cybersecurity space, according to the firm’s chief product development officer. In an exclusive interview with Arab News, Hesham Altaleb said the company is looking to expand in Saudi Arabia and address many other sectors, as technology becomes
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
Alibaba Cloud has launched a new joint venture in Saudi Arabia, with local partners that include Saudi Telecom Co and eWTP Arabia Capital. The venture’s infrastructure expansion forms part of Alibaba’s commitment to invest in Saudi Arabia and contribute to the country’s Vision 2030 strategy.
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
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