NANJING, China, October 11, 2021- Whale Cloud, a leading technology company providing software solutions and services for telecommunications and multiple industries, today announced that it has entered into a multi-year agreement with Saudi Media City, a media orientation that works under the umbrella of the Media Authority in the Kingdom of Saudi Arabia, that establishes the two parties’ collaboration to implement 13 projects worth $600 million, with estimated revenue of around $1 billion in the coming three to five years.
"Saudi Media City has the mission to enhance the concepts of accommodation and effective partnership toward a distinguished and pioneering Saudi media. We’re pleased and confident to collaborate with Whale Cloud to enable the development of the media industry in the East and North Africa region,” said Mr. Mofleh Alhafta, the Chairman of Saudi Media City.
"The partnership between Whale Cloud and the Saudi Media Group is in line with Saudi Vision 2030. We hope that Whale Cloud’s comprehensive and advanced solutions will help upgrade the media city's foundation and encourage more high-quality Arabic media content," said Mr. Liu Bing, CEO of Whale Cloud Saudi Arabia.