Why Is Global Tech Pouring Billions Into Saudi Arabia 💰
Over the past two years, major tech players like Amazon Web Services (AWS), Oracle, Microsoft, IBM and Google have announced multi-billion-dollar investments in Saudi Arabia. What’s behind this?
Much of that capital — around 11 billion USD — is going into building cloud infrastructure. The country’s cloud-first policy, combined with its data localization laws (enforced since 2023), make local data storage essential for doing business.
Saudi Arabia is also positioning itself as the future digital hub of the Middle East. With a large, digitally active population and a government committed to tech sovereignty, the country offers scale, strategy, and long-term contracts — exactly what Big Tech is looking for.
Konstantin Gridin
Why Is Global Tech Pouring Billions Into Saudi Arabia 💰
Over the past two years, major tech players like Amazon Web Services (AWS), Oracle, Microsoft, IBM and Google have announced multi-billion-dollar investments in Saudi Arabia. What’s behind this?
Much of that capital — around 11 billion USD — is going into building cloud infrastructure. The country’s cloud-first policy, combined with its data localization laws (enforced since 2023), make local data storage essential for doing business.
Saudi Arabia is also positioning itself as the future digital hub of the Middle East. With a large, digitally active population and a government committed to tech sovereignty, the country offers scale, strategy, and long-term contracts — exactly what Big Tech is looking for.
#saudiarabia #cloudcomputing #digitaltransformation #vision2030 #gccbusiness
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