68 Days
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مباشر
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Al-Sa'ara and Business Mine form 675M riyal fund
Accelerated Solutions for Telecommunications and Information Technology announced the signing of a strategic agreement with BIM Capital (Business Investment Management Capital) to establish an investment fund valued at up to 675 million SAR. The fund aims to develop and operate advanced data centers in accordance with global Tier III standards, with plans to increase capacity from 10 to 20 megawatts per center to meet the growing demand for digital infrastructure. Accelerated Solutions will be responsible for designing, constructing, and managing the centers. The company will benefit from a closed, flexible investment fund that can be extended up to ten years, with a responsibility for facility management and operations to ensure an operational uptime of 99.982%.
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