CNTXT
16.11.2023 11:01:35 CET | Business Wire | Press release
Following yesterday's successful launch of Google Cloud's new region in the Kingdom of Saudi Arabia, CNTXT has been appointed as Google Cloud’s exclusive reseller for local organizations and multinationals purchasing Google Cloud Platform Services on a standalone basis through their Saudi-based entities.
Underpinned by a robust collaboration between CNTXT and Google Cloud in the Kingdom, CNTXT will also support Google Cloud partners in the Kingdom to deliver cloud professional and managed services. One of the key focus areas for CNTXT will be accelerating the journey of local Saudi-based independent software vendors (ISVs) to the cloud and the Google Cloud Marketplace, fostering more software development and deployment.
Additionally, CNTXT is offering support for workloads hosted in the Kingdom of Saudi Arabia through its strategic collaboration with the Saudi Information Technology Company (SITE) and Fortanix. This landmark partnership is designed to provide Google Cloud customers with security solutions leveraging the new in-country Google Cloud region.
Google Cloud is the new way to cloud, and shared fate is the new way to operate, manage risk, and succeed in shared responsibility. This initiative underscores Google Cloud and CNTXT's joint commitment to delivering solutions that help Saudi businesses meet data security and compliance requirements for enterprises.
Established last year as a joint venture between Aramco and Cognite, CNTXT has evolved into a leading digital transformation company headquartered in Riyadh. This partnership with Google Cloud further solidifies CNTXT’s commitment to leading the digital transformation change in the Kingdom.
Nabil Al-Nuaim, Aramco Senior Vice President of Digital & Information Technology, stated: “When it comes to spearheading the digital transformation across the Kingdom’s public and private sectors, CNTXT plays a significant and pivotal role in collaboration with its esteemed partners, which is undeniably of paramount importance. Their unwavering dedication to empower and upskill local talent aligns seamlessly with our visionary pursuit of a digitally empowered Saudi Arabia. This marks the beginning of a transformative era, a magnificent milestone in the Kingdom's digital landscape that leads to unprecedented progress and endless possibilities."
Abdul Rahman Al Thehaiban, Managing Director, Middle East, Turkey and Africa, Google Cloud, said: "Google Cloud stands as one of the pioneering hyperscalers to launch a cloud region in the Kingdom of Saudi Arabia, a clear manifestation of our commitment to leading the digital evolution of the region.”
Bader Al Madi, Saudi Arabia Country Manager, Google Cloud, said: “Our partnership with CNTXT will support Google Cloud’s plans to empower every business and every person with access to the latest cloud technologies in the Kingdom of Saudi Arabia. We look forward to working hand in hand with CNTXT together with all our partners to pave the path for the Kingdom’s digital transformation and collaborate on helping businesses of all sizes in the country accelerate their digital transformation, optimize their operations, reduce costs and deliver exceptional customer experiences.”
CNTXT CEO, Abdullah Jarwan, remarked, "We are honored to become a leading cloud and digital transformation company in the Kingdom. Our collaboration with Google Cloud will empower us to work on accelerating the digital transformation of public and private sectors in Saudi Arabia. We are committed to building a brighter, more technologically advanced future for the Kingdom."
About CNTXT: CNTXT, a joint venture between Saudi Aramco and Cognite, is a leading digital transformation company headquartered in Riyadh, Saudi Arabia. With a mission to empower organizations through technology and innovation, CNTXT leverages strategic partnerships and a network of resellers to accelerate digital transformation across public and private sectors in the Kingdom.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231116735194/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Daiichi Sankyo Appoints Markus Kosch to Lead Europe Business as Part of New Commercialization Organization24.8.2026 10:00:00 CEST | Press release
Daiichi Sankyo (TSE: 4568) today announced the appointment of Markus Kosch, MD, as Head of Europe Business, effective April 1, 2027. In this role, he will lead the company's European business within the new globally integrated Commercialization Unit and serve as General Manager of Daiichi Sankyo Europe GmbH, with legal responsibility for the company in Europe. The appointment reflects the next phase of growth of Daiichi Sankyo under its Five-Year Business Plan and the establishment of a new Commercialization Unit. Within this new structure, Markus Kosch will bring together the Oncology and Specialty businesses in Europe under one integrated leadership model to help bring innovative medicines to more patients across the region. For the past five years, Markus Kosch has led the Daiichi Sankyo Oncology Business Division in Europe and Canada, overseeing a period of significant growth and preparing the organization for an increasingly expanding oncology portfolio. Prior to joining Daiichi S
European Commission Approves DAYBU® (trofinetide) as the First and Only Treatment for Neurobehavioral Symptoms of Rett Syndrome in the European Union24.8.2026 09:01:00 CEST | Press release
Acadia Pharmaceuticals Inc. (Nasdaq: ACAD) today announced that the European Commission (EC) has granted marketing authorization for DAYBU (trofinetide) for the treatment of neurobehavioral symptoms of Rett syndrome in adults and pediatric patients aged five years and older, making it the first and only treatment approved for Rett syndrome in the European Union (EU). “The approval of DAYBU marks a significant milestone for the Rett syndrome community in the EU and advances our mission to bring this innovative treatment to patients and families who have long faced a profound unmet medical need,” said Catherine Owen Adams, Acadia’s Chief Executive Officer. “For people living with Rett syndrome, a devastating rare neurodevelopmental disorder, there have been no approved treatment options in the EU. We are proud to make DAYBU available and look forward to supporting patients, caregivers, and healthcare providers gain access to treatment." The DAYBU marketing authorization in the EU is prim
ORZEYFUL (oveporexton) Approved in Japan as the First and Only Medicine to Treat the Underlying Cause of Narcolepsy Type 124.8.2026 08:36:00 CEST | Press release
Discovered by Takeda in Japan, ORZEYFUL has the Potential to Redefine Care Beyond Individual Symptom Management for Adults Living with Narcolepsy Type 1 (NT1) Landmark Phase 3 Studies Demonstrated Significant and Meaningful Improvements Across the Full Range of NT1 Symptoms Evaluated in Clinical Trials Compared to Placebo Milestone Marks Third Major Regulatory Approval Secured for ORZEYFUL Around the World Takeda (TOKYO:4502/NYSE:TAK) announced that the Japanese Ministry of Health, Labour and Welfare (MHLW) approved the use of ORZEYFUL (oveporexton) for the treatment of narcolepsy type 1 (NT1, narcolepsy with cataplexy) in adults. ORZEYFUL is a first-in-class oral orexin receptor 2 (OX2R) agonist and the only medicine indicated in Japan to treat the disease holistically rather than individual symptoms. The discovery of this new class of medicine originated in Takeda's laboratories in Japan. Takeda is proceeding with launch preparations and expects to make ORZEYFUL available as quickly
Fasset Hits $1B Valuation as SBI Group Leads $68M Series C to Scale AI-Powered Stablecoin Neobanking24.8.2026 08:03:00 CEST | Press release
Round led by SBI Group follows $51 million Series B raise in May 2026, marking ascent as one of the fastest-growing neobanking platforms. Capital will expand Own Network and deepen AI across stablecoin settlement, tokenization, and corridor banking. Fasset now processes more than $40 billion in annualized transaction volume, serving 3 million+ wallets and more than 1,000 enterprises across 125 countries. Fasset, the AI-powered stablecoin neobanking platform, today announced it has raised $68 million in Series C funding at a $1 billion valuation. The financing was led by SBI Group and follows Fasset’s $51 million Series B earlier this year, which brought Speedinvest onto the cap table alongside a group of strategic investors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260823503947/en/ Mohammad Raafi Hossain, Co-Founder and CEO, Fasset The new capital will support the expansion of Own Network, Fasset’s regulated financial
Zanders Expands DACH Region with New Office in Vienna, Austria24.8.2026 07:11:00 CEST | Press release
Zanders, the global treasury, risk, and technology consultancy, today announced a significant expansion of its DACH region with the opening of a new office in Vienna. The move builds on Zanders' continued growth across Germany, Austria, and Switzerland, and marks another step in the firm's strategy of deepening its presence in the markets where client demand for specialized treasury, risk, and corporate finance advisory is growing fastest. DACH has been one of Zanders' priority regions for several years, with the firm steadily expanding its team and client base across Germany and Switzerland. Austria represents a natural next step in that growth: in conversations with clients in the market, Zanders has seen growing interest in treasury transformation and financing support, as companies work through interest rate volatility, refinancing needs, and a broader shift toward more digitized, centralized treasury operations. The new Vienna office allows Zanders to be closer to clients' operati
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom