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Saudi Aramco, Samsung Electronics sign agreement to expedite Saudi Arabia’s digital transformation

Classification:Industry news
Release time:2023-03-07
RIYADH: Global energy giant Saudi Aramco has signed a non-binding memorandum of understanding with Samsung Electronics to localize industrial 5G communication networks and facilitate the digital transformation of the Kingdom, according to a press release.
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NEOM is part of 40 firms that are divided into four categories by Forbes to highlight the Kingdom’s most progressive firms.
RIYADH: Global energy giant Saudi Aramco has signed a non-binding memorandum of understanding with Samsung Electronics to localize industrial 5G communication networks and facilitate the digital transformation of the Kingdom, according to a press release.
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In 2019, Saudi Arabia GDP was an estimated $779.3 billion (current market exchange rates); real GDP was up by an estimated 0.3%; and the population was 34 million. (Source: IMF)

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