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Amazon Is Planning To Create Over 1,500 Jobs In Saudi Arabia

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amazon is planning to create over 1500 jobs in saudi arabia
Amazon

E-commerce giant, Amazon, has recently announced its plan to open 11 brand new buildings across Saudi Arabia. Once all the new buildings are opened, which should happen by the end of 2021, they will create over 1,500 new jobs.

Right now, Amazon has three warehouses in Saudi Arabia, referred to as fulfillment centers, located in Riyadh and Jeddah. With the planned buildings, Amazon’s total floor area is supposed to reach 867,000 square feet, or about 80,000 square meters.

Amazon wants to enhance its storage capacity by 89 percent and its geographical delivery network by 58 percent to better cope with the growing demand for its services in the region. In addition to building new facilities, the company will also upgrade existing ones to enable faster, smarter, and more consistent deliveries of products to customers.

“These new investments reiterate our commitment to Saudi Arabia, contributing to the local economy through the creation of new job opportunities,” said Prashant Saran, Amazon’s Middle East and North Africa director of operations.

“Our investments in technology and infrastructure align with Saudi’s digital transformation goals, enabling world-class fulfillment offerings to our independent seller partners, and faster delivery on an expanded product selection to our customers,” Saran added.

Amazon is among the biggest winners of the COVID-19 pandemic. Its net profit increased by 84 percent to $21.3 billion as revenue grew 38 percent to $386.1 billion. In January of this year, the company launched its Amazon Prime service in Saudi Arabia, offering many convenient perks to Saudi shoppers, including free same-day and next-day delivery.

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A small survey of nearly 1,000 Saudi shoppers conducted by advertising platform Criteo last year found that 58 percent of Saudis now prefer online shopping to in-store shopping, and 35 percent see the cost of shipping as a big factor in their decision-making process.

With the new facilities, Amazon will be ready to expand its presence in the region even further to meet customers’ growing expectations.

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Microsoft Plans $10 Billion-Plus Gulf Expansion Despite Iran Conflict

Security is shaping Microsoft’s approach, from resilience work with governments to what it will say about how the money splits by country.

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microsoft plans $10 billion plus gulf expansion despite iran conflict
Microsoft

Microsoft is planning more than $10 billion of investment across the UAE, Saudi Arabia, Qatar and Kuwait through 2030, Vice Chair and President Brad Smith told Reuters, calling the spending schedule aggressive. The Iranian conflict that began on February 28 has not persuaded the company to scale back.

“We’re sustaining all the investments we planned to make before this conflict started, and we are in fact adding to them,” Smith said. The $10 billion-plus total does not, however, show how large those additions are.

The investment, which Smith described as part of Microsoft’s continued infrastructure expansion, is aimed at cloud and AI infrastructure and at the company’s growing regional operations. Microsoft also intends to put more than $400 million into subsea and terrestrial connectivity across the Middle East by 2030.

The spending fits the region’s own ambitions too. Gulf governments have been investing heavily in AI infrastructure as part of a push to diversify their economies beyond oil and gas and turn themselves into global technology hubs. Major cloud and AI providers have been drawn in part by the land and relatively low-cost energy on offer.

Microsoft is widening its partnerships with regional AI companies, though not on identical terms. In 2024, it invested $1.5 billion in Abu Dhabi-based G42 for a minority stake, and Smith currently sits on G42’s board. Saudi Arabia’s Humain and Qatar’s Qai are working with Microsoft on selected priority areas, but Smith said the company does not plan to make capital investments in either.

Also Read: Egypt’s Mobile Wallets Are Booming, But Cash Still Has Power

The conflict has added another strand to Microsoft’s work in the region. Since it began, Smith said, the company has supported regional partners with digital resilience assessments, and it is now working with Gulf countries through a digital resilience initiative focused on preparedness and the protection of critical data.

So far, the company has given no country-by-country breakdown of the investment, citing security among other factors. So while the headline figure is public, how Microsoft divides the spending among the four countries is not.

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