Saudi Telecom subsidiary solutions disclosed on 4 August that it signed a SAR 364m contract (roughly $97m) on 3 August with Center3 to build data-centre facility DDC307 in Dammam, an 18-month build booked as a related-party transaction1.
Center3 is Saudi Telecom's data-centre and connectivity arm and solutions is its systems-integration arm, so the group is paying itself to build its own capacity, and Saudi disclosure rules require that to be flagged to the market. Revenue booked this way tells a reader about the group's internal build programme rather than about demand from third parties.
Dammam sits on the Gulf coast in the Eastern Province, next to the oil infrastructure and the subsea cable landings, which is where Saudi compute capacity has been concentrating. An 18-month schedule puts DDC307 in service during 2028. Capacity keeps pooling in a few dominant hubs, as the west European split we last measured showed, and a national operator building for its own account pulls in the opposite direction.
