In Saudi Arabia, a strategic partnership was announced between the Alibaba Group, the technology giant in China, and the Saudi “STC” company, with investments worth one billion dollars, to provide high-performance public cloud services in the Kingdom.
This partnership includes choosing the capital, Riyadh, as a regional center for management and training for the Chinese group in the region.
This partnership, led by the Saudi Federation for Cybersecurity, Programming and Drones, in support of the country’s digital transformation system, comes in the light of “Vision 2030”, which aims to build a strong digital economy and enable bold capital in innovative investments that provide the best solutions in accordance with the highest international practices.
The Chairman of the Board of Directors of the Saudi Federation for Cybersecurity, Programming and Drones, Faisal Al-Khamisi, explained that this partnership is a strategy for the Kingdom and essential to support the ambitious digital infrastructure, indicating that cloud computing is a cornerstone and foundation for the development of any digital infrastructure in any country in the world, and from this point of view came keenness on Complete this partnership and see the light before the end of 2021.
In turn, the CEO of the “STC” Group, Eng. Nasser Al-Nasser, considered the partnership with Alibaba Cloud Company a major achievement in the efforts to achieve “Vision 2030”.