Aramco signs new partnership with Zoom for data centre in KSA

Saudi Arabia’s state-run oil giant, Aramco has signed a new partnership with Zoom Global to build its first global data centre as part of the Kingdom’s efforts to support the digital transformation ecosystem.

The announcement came at the second edition of LEAP, a major international technology conference held annually in the Kingdom, according to Saudi Press Agency (SPA).

“Our new strategic partnership with Zoom is expected to further enable innovative solutions focusing on the digital transformation ecosystem,” said Aramco CEO, Amin H. Nasser.

Zoom will also explore the joint development of innovative technology solutions for the energy sector, as the deal aims to contribute the digital transformation of various market sectors, such as energy, industry, education and healthcare.

Aramco also announced that it would be allocating additional funds to Wa’ed Ventures – increasing the size of its Kingdom-focused venture capital arm from $200 million to $500 million.