What happened
ICS Arabia, Shanghai's Lumaotong Group (LMT) and China Mobile International agreed (Sep 2023) to build the 'Desert Dragon' data centres — 187 MW across Riyadh, Jeddah, Dammam and NEOM — explicitly to support cloud hosting, AI applications, cybersecurity and big data; ~US$1.9B over three years, Phase-1 65 MW Riyadh targeted for 2026.