The Scoop
Saudi
Arabia and Syria are in talks to build data cables connecting the
kingdom to Europe, a move seen as a crucial part of Riyadh’s plan to
become a global artificial intelligence hub. Syria plans to award the
project this month.
- Saudi Arabia’s biggest telecommunications firm is one of the short-listed bidders for Syria’s so-called SilkLink project, which would allow data to bypass the Red Sea, currently the main route for internet traffic between the Middle East, Europe, and the US, people familiar with the matter told Semafor.
- The project would also provide a significant economic boost to the war-ravaged Syrian economy — and outdated domestic internet connectivity — with investments totalling as much as $500 million and recurring revenue from operating the lines, the people said.
“We are
in the last stretch before choosing a partner for SilkLink,”
--- Abdulsalam
Haykal, Syria’s minister of telecommunication and information
technology, said in an interview.
- He added that five companies had submitted proposals including Saudi Telecom Co. (STC), as well as consortiums backed by Jordanian, Kuwaiti, Omani, and UAE firms.
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