logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Tencent Cloud to launch first Cloud Region, invest $150mn in Saudi Arabia

Tencent Cloud to launch first Cloud Region, invest $150mn in Saudi Arabia

NOHA.GAD
Feb 10, 2025
Tencent Cloud will launch its first Middle East Cloud Region in Saudi Arabia and invest $150 million in Kingdom over the next few years

Riyadh - Sharikat Mubasher: Tencent Cloud, the cloud business of global technology company Tencent, announced plans to launch its first Middle East Cloud Region in Saudi Arabia, featuring two availability zones with full redundancy, advanced cloud services, and AI capabilities.

This announcement, made at LEAP 2025, was followed by a business operation commitment of over $150 million in infrastructure, resources, and investment over the next few years, the company revealed in a press release.

The new availability zones, expected to be operational by 2025, will mark Saudi Arabia’s entry into Tencent Cloud's extensive global network of over 50 availability zones across 21 regions, enabling the delivery of an expanded suite of cutting-edge SaaS and PaaS solutions to the Middle East. These include advanced analytics, artificial intelligence (AI), innovative digital media capabilities, super app technologies, and more.

Dan Hu, Vice President of Tencent Cloud International for the Middle East and North Africa, stated that the new Cloud Region strengthens the company’s ability to support Saudi Arabia’s digital transformation journey across important regional verticals, including digital media and streaming, video gaming, esports, e-commerce, tourism, financial services, telecommunications and more.

“We’re excited to have grown alongside the Kingdom of Saudi Arabia, and look forward to ramping up Cloud support for the Kingdom and the Middle East more broadly,” Hu said.

For his part, Mohammed AlRobayan, Deputy Minister of Technology at the Ministry of Communications and Information Technology (MCIT), commented: “This new cloud region will enhance the Kingdom's digital infrastructure and accelerate the adoption of advanced technologies. It also reflects confidence in Saudi Arabia's ambition to become a global hub for digital solutions and smart technology, fostering an economy driven by innovation and knowledge."

LEAP 2025 convenes from 9 to 12 February in Riyadh, with the participation of over 1,800 exhibitors, more than 1,000 speakers, and over 680 startups. It brings together global leaders from the public and private sectors, top innovators, and key stakeholders in tech investment.

Under the theme ‘Into New Worlds,’ LEAP 2025 aims to showcase the latest innovations and facilitate knowledge exchange, expanding business networking and investment opportunities in the tech sector.

Tags

Saudi Arabia
LEAP 2025
Cloud Region
Investments
AI
Share

Attract clients with your ad

Start Now

Trending

SBR pushes expansion of AI assessment tools at Seamless 2025
Riyadh – Sharikat Mubasher: Saleh Baarmah, Co-Founder of SBR, described the platform as an AI-powered assessment tool that makes hiring smarter, faster, and more data-driven. He explained that SBR provides recruiters with in-depth analytics of candidate profiles using advanced AI, reducing reliance on subjective human judgment.Speaking to Sharikat Mubasher on the sidelines of Seamless Saudi Arabia 2025, Baarmah noted that the company secured several strategic partnerships during the event with entities whose vision aligns with SBR in data analysis and human resources, including Tafadi Security, Moeen Global Talent Recruitment, and others.He added that SBR continues to expand its portfolio of services and products, emphasizing that Seamless offers valuable networking opportunities with investors and venture capital funds, a kind of support that reinforces the company’s confidence in its growth trajectory.Baarmah concluded that SBR aims to become a leading platform in delivering deep AI-driven assessments, whether for HR needs or broader product applications.Seamless Saudi Arabia 2025, the Kingdom’s most comprehensive event for digital commerce, next-generation payments, and embedded finance, runs from 17 to 19 November in Riyadh, gathering merchants, SMEs, retailers, banks, and payment providers to discover the latest innovations in the digital commerce and payments ecosystem.With the theme ‘The Future of Digital Commerce,’ this three-day conference hosts over 600 speakers, more than 600 exhibitors, and over 25,000 attendees from around the globe.
Škoda Auto enters Saudi market in partnership with SAMACO Motors
MUBASHER.SA
Google Cloud Summit marks SAR 31 bn economic impact in Saudi Arabia
MUBASHER.SA
HEMOdata expands into Saudi Arabia to accelerate enterprise AI readiness
MUBASHER.SA
Karam AI serves over 500 online stores across Saudi Arabia
MUBASHER.SA

Related News

Investor News
Calendar Icon
Nov 16, 2025
FLYR opens Riyadh headquarters to strengthen presence in Saudi Arabia
Read More
Investor News
Calendar Icon
Nov 13, 2025
Joby Aviation plans to deploy electric air taxi in Saudi Arabia
Read More
Investor News
Calendar Icon
Nov 9, 2025
Egypt’s Bus14 unveils plans to expand into Saudi market
Read More
Investor News
Calendar Icon
Nov 9, 2025
Merit Incentives relocates headquarters to Riyadh
Read More
Investor News
Calendar Icon
Nov 6, 2025
Koshak: Saudi VC funding jumps 21-fold in 5 years
Read More
Investor News
Calendar Icon
Nov 5, 2025
SBI pacts with AstroLabs to expand footprint in Saudi Arabia
Read More
Investor News
Calendar Icon
Nov 4, 2025
MEVP plans to invest up to $50mn in startups in 2026
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher