Snowflake Announces US$300 Million Investment in Saudi Arabia

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← All business news Snowflake Announces US$300 Million Investment in Saudi Arabia

On 28 October 2026, Snowflake announced a projected US$300 million investment in its Saudi Arabia operations through 2030, equivalent to approximately SAR 1.125 billion.

On 28 October 2026, Snowflake announced a projected US$300 million investment in its Saudi Arabia operations through 2030, equivalent to approximately SAR 1.125 billion. The expansion creates opportunities for technology startups, cloud-service providers and data-focused businesses. HPC supports emerging companies with scalable computing infrastructure, AI analytics and technology-development platforms.

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