New Google Cloud region in KSA could add $109 billion to economy

New Google Cloud region in KSA could add $109 billion to economy

Google Cloud has announced the launch of a a new cloud region in Dammam, which could contribute around $109 billion to the country’s GDP by 2030. The expansion will extend Google Cloud’s high-performance, low-latency services to a wide range of customers in Saudi Arabia and the wider Middle East.

The services offered by Google Cloud range from cloud computing and data analytics to cloud-powered artificial intelligence and management tools. The suite of tools is targeted towards all types of companies, with a notable focus on small and medium-sized enterprises (SMEs).

In addition to the estimated $109 billion increment to the GDP of KSA (equivalent to 10% of the real GDP in 2022), the new Google Cloud region could also generate around 148,600 by 2030. That is according to research by technology consultancy Access Partnership commissioned by Google Cloud.

“Our new cloud region in Saudi Arabia will help both public and private sector organizations make the most of their data, leverage generative AI solutions, and create a culture of innovation underpinned by a modern, sustainable infrastructure with built-in security,” said Thomas Kurian, CEO of Google Cloud.

There are already 39 Google Cloud regions and 118 zones around the world, with Google Cloud services offered to