Saudi Telecom partners with Oracle: Expanding cryptocurrency

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Saudi Telecom has signed a 2 billion Riyal cloud solutions agreement with Oracle. This agreement marks a significant milestone in enhancing Saudi’s technology infrastructure. Oracle will provide advanced cloud storage solutions, optimize operational processes, and enhance security.

This collaboration not only promotes technological advancements but also expands opportunities for the application of cryptocurrency in transactions through cloud platforms. Saudi Telecom is clearly demonstrating its ambition to modernize the system and enhance international cooperation.

This information is not intended as investment advice but simply provides an insight into the trends of market development in technology and international strategic cooperation.

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