28 Apr 2026
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With the integration of the energy, communications and information technology sectors, the Ministry of Investment and the Shareek Program signed two agreements with the Saudi Energy Company to enhance digital infrastructure and localize data in the Kingdom.
Extending the pivotal role of the energy, communications and information technology sectors in supporting strategic projects enabling the digital economy, the Ministry of Investment and the Shareek Program signed two agreements with the Saudi Energy Company and Dawiyat Integrated Telecommunications & Information Technology Company to enable the establishment of a Tier III data center, which contributes to developing the digital infrastructure, enhancing data localization, and raising the Kingdom’s readiness to attract quality investments in the data center sector.
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