The Knowledge Economic City signed today an agreement with "Deep Cloud" Company for keeping data and advanced technological services. The project will be undertaken in an area of about 30,000 square meters, involving a capital expenditure of nearly SR 400 million. It will be the first center of its kind in the region, and it will constitute a developed regional center based on knowledge industries. It will also work as a disaster recovery center during disasters. The agreement was signed by Prince Faisal bin Turki al-Faisal, the Executive President of "Deep Cloud" Company, and Tahir Bawazeer, the Executive President of The Knowledge Economic City. --MORE