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Oracle to invest $1.5 billion in Saudi Arabia, open data centre in Riyadh

Summary by Ground News
Oracle Corp plans to invest US$1.5 billion in Saudi Arabia in the coming years. The company plans to open its third public cloud region in Riyadh. Saudi officials have pressed international companies to invest in the kingdom and move their regional headquarters to Riyadh to benefit from government contracts.

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LBCI Lebanon broke the news in on Monday, February 6, 2023.
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