Dhahran, Dec 21, 2020, SPA -- Saudi Aramco Development Company, a subsidiary of Aramco, announced here today that it had teamed up with Google Cloud to offer high-performance and low-latency cloud services to enterprise customers, in the Kingdom of Saudi Arabia. The Kingdom of Saudi Arabia is being added to the global network of Google Cloud Platform regions, as part of a strategic alliance agreement signed between the Company and Google Cloud this month. Google Cloud will establish and operate a new cloud region in the Kingdom of Saudi Arabia, while a new company will be formed to supply cloud solutions and services to enterprise customers, with an emphasis on businesses inside the Kingdom of Saudi Arabia. The collaboration taps into rapidly expanding cloud services demand in the Kingdom of Saudi Arabia, which is forecasted to reach a market opportunity up to $10 billion by 2030. Increased dependence on online services during the COVID-19 pandemic has further accelerated the shift toward digital solutions. The rollout of Google Cloud services and infrastructure in the Kingdom of Saudi Arabia will deliver robust, reliable and agile solutions to meet growing demand for IT and cloud services. --SPA 18:41 LOCAL TIME 15:41 GMT 0015 www.spa.gov.sa/w1471476