Announced on September 30, the MoU is expected to lead to a joint venture based in Saudi Arabia, which is “designed to accelerate the growth of hyperscale clients and AI-driven data centers across the region.” Naizak Global Engineering Systems’ chief strategy officer, Mohammad K. Al Abdulkarim, said: “By aligning our long-standing local expertise with ByteBridge's global capabilities, we are creating a powerful platform to deliver next-generation AI and data center solutions, attract international investments, and support Saudi Arabia's Vision 2030 goals.” ByteBridge is a “global IT solutions provider founded in Silicon Valley” and offers logistics services, data center-related services, and managed services.