Microsoft, PIF and SITE sign MoU to explore launching sovereign-cloud services in Saudi Arabia

Microsoft, PIF, and SITE have entered into a non-binding MoU to evaluate the introduction of Microsoft’s sovereign-cloud services in Saudi Arabia. The partnership aims to reinforce national data protection, support digital transformation, and enhance the Kingdom’s access to cutting-edge cloud and AI technologies. It also includes potential cooperation in research, innovation, and skills development, aligning with Saudi Arabia’s broader ICT and economic diversification goals.

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Sadq Secures SAR 5.5 Million in Pre-Series A Funding to Strengthen Digital Authentication in Saudi Arabia

Sadq, a Saudi platform for digital signatures and authentication solutions, has raised SAR 5.5 million in a Pre-Series A funding round led by X by Unifonic Fund. The investment will strengthen Sadq’s role in Saudi Arabia’s digital trust sector, aligning with the Kingdom’s digital transformation and regulatory advancements.

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