- Oracle's second cloud region in Saudi Arabia will enable support of Vision 
2030 technology ambitions 

- NEOM Tech & Digital Hold Co. and EzdiTek sign joint venture to build and 
operate hyperscale data center 

NEOM Tech & Digital Holding Company – the first holding company to be 
established as a subsidiary of NEOM – today announced Oracle as the first 
tenant of its hyperscale data center at NEOM. Oracle Cloud Infrastructure (OCI) 
will be hosted at the data center, providing a high-performing, resilient 
foundation for cloud services. 

To meet business continuity and compliance requirements, Oracle's unique 
dual-region cloud strategy enables customers to deploy resilient applications 
in multiple geographically separated locations within a country – without 
having sensitive data leave the country. The agreement follows the successful 
launch of the Oracle Cloud Saudi Arabia West Region in Jeddah in [ 
https://www.oracle.com/middleeast/news/announcement/oracle-second-generation-cloud-region-2020-07-20.html] 
February 2020 and supports Oracle's commitment to open two dedicated cloud 
regions in the { 
https://www.oracle.com/ae/news/announcement/oracle-expands-global-cloud-footprint-to-meet-continued-triple-digit-growth-2021-10-11/] 
Kingdom. 
Speaking at the Kingdom's flagship Future Investment Initiative event, His 
Excellency Abdullah Alswaha, Minister for Communications and information 
Technology and Chairman of the NEOM Tech & Digital Hold Co. Board of Directors, 
said: "Saudi Arabia is fast emerging as a global technology hub and NEOM Tech & 
Digital Hold Co.'s partnerships with Oracle and EzdiTek will enable us to build 
the foundations required to deliver on our full potential. The data center will 
not only attract global businesses by creating a powerful platform for 
knowledge exchange, but it will also empower innovators to pilot their ideas at 
scale inside the Kingdom. Today's announcement means the realization of 
technology that will serve the ambitions of the public and private sector 
across the region and far beyond, positioning Saudi Arabia at the forefront of 
the industry."

Richard Smith, Executive Vice President – Technology, EMEA, Oracle, said: "We 
are fully committed to support Saudi Arabia's digital economy objectives in 
line with Saudi Vision 2030. Conceived and architected on security-first 
principles, Oracle Cloud Infrastructure is the preferred cloud in Saudi Arabia. 
With this collaboration with NEOM, we are now expanding our footprint in the 
Kingdom to continue supporting the digital transformation initiatives of the 
country's public and private sector organizations."

Nadhmi Al-Nasr, CEO of NEOM, said: "Establishing a hyperscale data center at 
NEOM represents a significant milestone and is the first step in creating NEOM 
as a new internet exchange point. This partnership offers a dynamic blueprint 
for alliances, making a major stride towards our goal of becoming an economic 
engine for the region and the world."

Joseph Bradley, CEO of NEOM Tech & Digital Hold Co., said: "With 
industry-leading partners of the caliber of Oracle and EzdiTek, NEOM Tech & 
Digital Hold Co. aims to co-invent the future of living, designing and building 
an ecosystem of cognitive technologies that will enable predictive, 
personalized and autonomous services."

Fabio Fontana, Executive Director of NEOM Tech & Digital Hold Co. Cloud Park, 
said: "The data center is the first step in our overall Cognitive Connectivity 
Hub strategy and combines levels of compute and connectivity that will be 
unrivalled in the region. NEOM Tech & Digital Hold Co. Cloud Park will create 
an end-to-end gateway to the Kingdom and GCC markets for global content giants 
and providers of cloud, networking and internet services. NEOM is the perfect 
location for providers seeking to co-locate their infrastructure - it will be 
cost-effective, drawing on high-speed connectivity and an abundance of skilled 
talent."

NEOM Tech & Digital Hold Co. (via its affiliates, NEOM Company) also announced 
a USD 0.5bn joint venture with EzdiTek (via its affiliate, FAS Energy Trading 
Co, a subsidiary of Saudi Arabia's Fawaz Alhokair Group) to power the creation 
and operation of the data center. EzdiTek will partner with global engineering 
and architectural firms RED and Gensler.

Kamel Alqalam, Group Managing Director, Fawaz al Hokair Group, said: "We are 
proud to partner with NEOM Tech & Digital Hold Co. and support on a strategic 
project of this magnitude and importance. It will allow us to offer our 
co-location customers access to pioneering data center facilities. NEOM offers 
a truly inspiring future and as leaders in renewable energy in the Kingdom we 
are excited by the opportunity to help realize that vision."

The data center, 51% owned by NEOM Tech & Digital Hold Co. and 49% by EzdiTek, 
will be designed to meet the highest security standards in the industry and 
serve MENA, parts of Sub-Saharan Africa, and eventually Europe. The data center 
is strategically located at the nexus of terrestrial and sub-sea cable cables, 
enabling it to provide customers with fast and reliable connectivity.

About Oracle

Oracle offers integrated suites of applications plus secure, autonomous 
infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: 
ORCL), please visit us at www.oracle.com.

About NEOM Tech & Digital Holding Company 

NEOM Tech & Digital Holding Company is powering the world's first ecosystem of 
cognitive technologies at NEOM. Evolving from its Technology & Digital sector, 
it was the first holding company to be established as a subsidiary of NEOM, a 
region in Saudi Arabia charting the course for a new future fueled by 
technology. NEOM Tech & Digital Hold Co.'s digital infrastructure will be the 
operating system of NEOM, enabling its communities and industries. In 
partnership with global tech-industry leaders, it will co-invent the future of 
living with pioneering cognitive technologies. Consent, trust and transparency 
are fundamental to NEOM Tech & Digital Hold Co.'s license to operate, providing 
the ethical foundations to collect and leverage customer data to realize bold 
ambitions. NEOM Tech & Digital Hold Co. will use accurate, consented to and 
protected data to learn the day-to day rhythms of residents to deliver 
predictive, personalized and autonomous services. Its solutions will be powered 
by unrivalled connectivity and computing capability, as well as cutting-edge 
Artificial Intelligence (AI) and robotics, all underpinned by global security 
standards.

For further information visit : 
https://www.neom.com/en-us/sectors/technology-and-digital

About EzdiTek

EzdiTek is part of Ezdihar Holding. EzdiTek's mission is to pioneer reliable 
Digital Infrastructure Services to enable innovative and highly-demanding 
digital services; and have an active role in the realization of Vision 2030 
Digitization Mission within the Kingdom of Saudi Arabia. Data Center Services 
is at the corner of EzdiTek's Digital Infrastructure vision.

About NEOM

NEOM is an accelerator of human progress and a vision of what a New Future 
might look like. It is a region in northwest Saudi Arabia on the Red Sea being 
built from the ground up as a living laboratory – a place where 
entrepreneurship will chart the course for this New Future. It will be a 
destination and a home for people who dream big and want to be part of building 
a new model for exceptional livability, creating thriving businesses, and 
reinventing environmental conservation. 

NEOM will be the home and workplace to more than a million residents from 
around the world. It will include hyperconnected, cognitive towns and cities, 
ports and enterprise zones, research centers, sports and entertainment venues, 
and tourist destinations. As a hub for innovation, entrepreneurs, business 
leaders and companies will come to research, incubate, and commercialize new 
technologies and enterprises in ground-breaking ways. Residents of NEOM will 
embody an international ethos and embrace a culture of exploration, risk-taking 
and diversity - all supported by a progressive law compatible with 
international norms and conducive to economic growth. 

For further information email media@neom.com or visit www.neom.com.
This material is distributed by DJE Edelman Inc on behalf of NEOM Tech & 
Digital. Additional information is available at the Department of Justice, 
Washington, DC.

SOURCE: NEOM Tech & Digital