Saudi Arabia sees first private fund to build data centers in the Kingdom
Aran News Saudi Arabia14 Oct, 2021News
DUBAI: Saudi information technology firm Al-Moammar Information Systems (MIS) has launched a new fund with Saudi Fransi Capital, aimed at building six data centers across the Kingdom. The first-of-its-kind, the companies claimed, Saudi Data Center Fund 1 will be used to build the data centers in two areas with a combined initial capacity of 24 megawatts.
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