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Microsoft commits $10B to Gulf by 2030
Microsoft, the American company, announced its commitment to invest approximately $10 billion across four Gulf countries by 2030, aimed at supporting cloud computing infrastructure, artificial intelligence, and data centers. The investments include Saudi Arabia, Kuwait, Qatar, and the United Arab Emirates, along with a previous pledge of $7.9 billion in the UAE. This expansion seeks to enhance technological capabilities in the region, as part of plans to diversify the economy and reduce dependence on oil, while also addressing challenges related to regional tensions that impact data centers.
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