20 Hrs
Source:
الاقتصادية
Saudi Arabia Signs 364 Million Riyal Data Center Deal
The Arab Company for Internet and Telecommunications Services "Solutions" Saudi Arabia signed a contract valued at 364 million riyals with Centra 3 for Data and Communications, a subsidiary of Makkah Digital Centers, to establish a data center in Dammam. The contract duration is 18 months, with the financial impact expected to begin in the first quarter of 2027. The work includes site infrastructure preparation, engineering works, construction, final outfitting, and operational testing. Telecom Company Saudi Arabia "STC" owns 79% of "Solutions" and 100% of "Centra 3," reflecting a close relationship between the two companies.
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