Riyadh – Sharikat Mubasher: Oracle announced a $14 billion investment in Saudi Arabia over the next decade to support the Kingdom’s Vision 2030 goals, with a focus on cloud computing and artificial intelligence.

The company said in an official statement that the move will help drive innovation, enhance security, and strengthen the long-standing partnership between Saudi Arabia and the United States.

The tech giant credited former U.S. President Donald Trump for accelerating the pace of progress.

Safra Catz, CEO of Oracle said: “Thanks to the decisive actions and strong leadership of President Trump and his administration, Oracle is providing the world’s most advanced cloud and AI technology to Saudi Arabia. Our expanded partnership with the Kingdom will create new opportunities for its economy, deliver better health outcomes for its people, and fortify its alliance with the United States, which will create a ripple effect of peace and prosperity across the Middle East and around the world.”

Oracle stated that its continued collaboration with the Kingdom aims to improve the lives of Saudi citizens while reinforcing the nation’s digital infrastructure and global technological competitiveness.