Saudi PIF, SITE, Microsoft sign MOU to explore delivery of sovereign-cloud services in kingdom

A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, January 9, 2025. REUTERS/Gonzalo Fuentes

CAIRO (Reuters) -Saudi Arabian sovereign wealth fund the Public Investment Fund, Saudi information technology company SITE and Microsoft signed a memorandum of understanding to explore the delivery of Microsoft’s sovereign-cloud services in the kingdom, the Saudi fund said in an X post on Wednesday.

(Reporting by Jaidaa Taha and Yomna Ehab)