Idarat Board Approves 150M Riyal Cloud Investment

Edarat Company for Telecommunications and Information Technology announced that its Board of Directors has approved an investment plan worth 150 million SAR to expand the Edarat Cloud system, aiming to increase capacity in the computing sector and support the growing demand for artificial intelligence and high-performance computing services in Saudi Arabia. The process will be carried out through purchase orders or contracts, and the financial impact will be disclosed upon implementation, with a commitment to announcing any material developments in this regard. This initiative aligns with the company's efforts to keep pace with technological trends and meet the demand for advanced computing services within the kingdom.

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