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FX Daily Updates
Saudi PIF, SITE, Microsoft sign MOU to explore delivery of sovereign-cloud services in kingdom
georgemiller
Publish Date: Wed, 19 Nov 2025, 21:03 PM

CAIRO, Nov 19 (Reuters) - Saudi Arabian sovereign wealth fund the Public Investment Fund, Saudi information technology company SITE and Microsoft (MSFT.O) , opens new tab signed a memorandum of understanding to explore the delivery of Microsoft’s sovereign-cloud services in the kingdom, the Saudi fund said in an X post on Wednesday.
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https://www.reuters.com/world/middle-east/saudi-pif-site-microsoft-sign-mou-explore-delivery-sovereign-cloud-services-2025-11-19/