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Solutions Signs SAR364 Million Contract to Develop Data Centers in Saudi Arabia

MT Newswires·08/04/2026 01:45:08
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01:45 AM EDT, 08/04/2026 (MT Newswires) -- Arabian Internet and Communications Services Co. (SASE:7202), d/b/a Solutions, signed a contract worth 364 million Saudi riyals to build data centers in Dammam, Saudi Arabia. The contract, signed with Digital Data Centers for Data and Telecommunications Co., d/b/a Center3, has an 18-month duration, according to a Tuesday release. It covers site infrastructure, engineering, construction, and commissioning. Saudi Telecom Co. (SASE:7010) holds a 79% stake in Solutions and a 100% stake in Center3.