Riyadh — Mubasher: Edarat Communication and Information Technology Company’s board of directors has approved a strategic investment plan valued at up to SAR 150 million.
The capital expenditure is dedicated to the expansion of the Edarat Cloud ecosystem, specifically targeting increased capacity in Graphics Processing Unit (GPU) computing.
The company stated that the investment is designed to meet projected demand for high-performance computing and artificial intelligence services within Saudi Arabia.
Implementation of the plan will be carried out through a series of purchase orders and contracts as required by the expansion phases.
Edarat noted that the financial impact of this investment will be determined and disclosed following the execution of the relevant purchase orders or contracts.
The board approval was finalized during a meeting held on 9 September 2026. The company confirmed it will provide further updates on material developments in accordance with local regulatory requirements.
