An agreement to expand a cable transfer between Saudi Arabia and Greece

The Integrated Communication and Information Technology company, owned by the Saudi electricity business, concluded a memorandum of understanding with the Greek timetable telecommunications to expand a marine cable to transfer data between the two countries. The new cable system connects the Kingdom to the island of Crete to the Mediterranean, and from there to the Greek area, according to a statement issued by “Gred Telecom” today, after the signing of the Memorandum of Understanding in Athens, which also indicated that the two companies plan for additional long -term projects, including the development of jointly. Wael Al -Ghamdi, CEO of ‘Integrated Integrated Company’, believes that cooperation with the Greek company ‘will increase the elasticity of our network and its arrival, and the new cable will provide a new access point to Europe.’ In turn, Manos Manosakis, chairman and CEO of the IPTO Foundation, which operates energy transport networks that own the company “Gred Telikum”, said, “IPTO is already working with the Saudi electricity business to implement the electrical connection between the two countries, and now a new variety of uses in the Eastern Mediterranean, which are both Griets and Sui Arabia -Centers, which have both Griests and Saodi Arabia in energy centers, which have both Griests and Saui Arabia in energy geopolitical value, at the crossroads in Europe, Africa and Asia.