22 Hrs
Source:
الاقتصادية
Zoho Plans 500M Riyal Investment in Saudi Market
Zoho is planning to invest 500 million Riyals in the Saudi market in the coming period, due to its rapid growth and increasing demand for its digital services. The company considers the Saudi market to be one of the fastest-growing markets worldwide, offering more than 50 local business applications. It is also working on expanding its presence by opening a larger office and hiring Saudi staff. Additionally, it has a sovereign data center with international certifications, ensuring data sovereignty and security to meet the needs of government agencies and major companies in the Kingdom. The company has observed an annual growth rate of 50% over the past eight years, which has driven it to invest more heavily in infrastructure and local services.
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