Oracle Opens Second Public Cloud Region in Riyadh, Saudi Arabia to Meet Growing Demand for AI and Cloud Services

August 6, 2024
Oracle has announced the opening of its second public cloud region in Saudi Arabia, located in Riyadh, in response to the growing demand for its AI and cloud services. This new region, part of Oracle's $1.5 billion investment to expand cloud infrastructure in the Kingdom, will support the migration of various workloads to Oracle Cloud Infrastructure (OCI) for both public and private sector organizations. The move is expected to boost Saudi Arabia's AI economy, projected to reach $135.2 billion by 2030. The Riyadh region will join the existing Oracle Cloud Jeddah Region and the planned Oracle Cloud Region in NEOM, making Oracle the only hyperscaler capable of delivering AI and a full suite of 100+ cloud services across dedicated, public, and hybrid cloud environments worldwide.