Alibaba Cloud, the world’s largest cloud computing company, has chosen King Abdullah Financial District as the preferred location to begin its Saudi operations. (AFP) Alibaba Cloud’s top official describes King Abdullah Financial District as ‘prominent financial center’ RIYADH: Since the launch of Vision 2030, Saudi Arabia is undergoing a massive socioeconomic transformation. The Kingdom has swung open its door to foreign investors so that they can take advantage of the opportunities available in all sectors. Given the growing importance of digitalization, IT, and communications for sustainable development, the Kingdom has devised a strategy to emerge as a global hub for cloud computing. Major global IT players are ensuring their presence in the country which is on course to becoming a global financial hub. Alibaba Cloud, the world’s largest cloud computing company, has also entered the Saudi market through a joint venture called Saudi Cloud Computing Co. The company will offer world-class services to entities in the public and private sectors and assist the Kingdom achieve its Vision 2030 goals. The move is in line with Alibaba Cloud’s goal to bolster its presence in the Middle East and help expedite the region’s digital transformation, forge strategic partnerships, enhance local capabilities, […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
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