Al-Moammar Agrees to Build 3 Data Centers

Al Maamor for Information Technology (MIS) signed a memorandum of understanding with Saudi Fransi Capital to study and evaluate the possibility of developing three new data centers with a total capacity of up to 48 megawatts in Riyadh, Dammam, and Jeddah. The memorandum, signed on July 21, 2026, aims to establish a framework for cooperation between the two parties to assess the technical, financial, and legal aspects of the project, with the company's management overseeing the design and implementation after the assessment. The duration of the memorandum is 90 days, with the possibility of extension. The project currently has no financial impact, and any significant future developments are yet to be announced.

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تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي

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