Saudi Arabia, Oman to support digital economy growth, invest in underwater cables

IYADH: Saudi Arabia and Oman on Saturday signed an executive program in the field of communications, information technology infrastructure and undersea cable investments.

The agreement was signed between the Kingdom’s Ministry of Communications and Information Technology and the sultanate’s Ministry of Transport, Communications and Information Technology, in the presence of Saudi Arabia’s Abdullah Al-Swaha, and Oman’s Saeed bin Hamoud Al-Ma’awali.

“The program aims to exploit the geographical location of the two countries and promote investment in the submarine and terrestrial cables that pass through them,” the Saudi press Agency reported.

It would create a common work environment to enhance cooperation in the field of infrastructure for communications and information technology services, and high-speed digital interconnection for data exchange.

The executive program also aims to develop options for implementing regional digital connectivity through investment entities and licensed companies, and to expand investment in global data centers and cloud services that target regional presence to maximize benefit for the region. 

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