Saudi Arabia reduces power tariff to boost cloud computing
- Date: 15-Mar-2021
- Source: Arab News
- Sector:Technology
- Country:Saudi Arabia
Saudi Arabia reduces power tariff to boost cloud computing
article author: Arab NewsMon, 2021-03-15 01:44
RIYADH: The Council of Ministers has approved a reduced electricity tariff bundle for Saudi-based public cloud computing operators. The decision is part of Vision 2030 ambitions to drive growth across the Saudi digital economy.
Based on the new tariff bundle, cloud computing operators licensed by the Communications and Information Technology Commission (CITC) will be charged 18 halala ($0.048) per kilowatt/hour “” one of the cheapest rates in the world.Main category: Saudi ArabiaTags: Communications and Information Technology Commission (CITC)Vision2030Vision 2030
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