Investment pioneer Samer Choucair emphasized that cloud computing has moved beyond being a mere supporting technology to become the true “secret code” behind the trillion-dollar financial successes of tech giants like Amazon and Microsoft, noting that this sector today represents the primary driver of the global economy and a golden opportunity for investors in the Kingdom of Saudi Arabia and the Gulf region.
Samer Choucair’s statements came in response to financial reports for 2026, which showed exceptional performance for the “Amazon Web Services” (AWS) unit with 28% growth and revenues reaching $37.6 billion in the first quarter, in parallel with Microsoft’s revenue jump to $82.9 billion driven by the “Azure” sector and AI-related services.
Cloud Computing: The Fundamental Pillar of Artificial Intelligence
Samer Choucair explained that the massive investments poured in by global companies, which reached about $200 billion in capital expenditure for Amazon alone in 2026, confirm that cloud computing is the foundation upon which the future of innovation is built.
Samer Choucair described this technology as the “oil of the digital age,” as it is no longer limited to data storage but has become the incubating environment for developing the artificial intelligence that leads major economic transformations.
The Kingdom as a Regional Hub for Cloud Computing
Regarding the Saudi market, Samer Choucair pointed out that the Kingdom is witnessing a massive expansion in data centers that has recently doubled more than 6 times, with investments reaching $4.26 billion and expectations to reach $110 billion by 2030, emphasizing that the “Cloud First” policy adopted by the state has attracted global tech giants, strengthening Riyadh’s position as a regional technical hub.
Samer Choucair said in this context: “Saudi Arabia has become the destination for global capital thanks to bold reforms such as the elimination of Qualified Foreign Investor (QFI) restrictions and asset tokenization, which opens the door for Gulf investors to participate in the wave of accelerated technical growth.”
Investment Insights to Seize Digital Opportunities
Samer Choucair proposed a strategic vision for Saudi and Gulf investors to benefit from this momentum, stressing the importance of a “hybrid strategy” that balances traditional and digital assets.
He added: “The smart investor today is the one who sees cloud computing as part of a balanced portfolio providing long-term returns, especially in the energy, health, and finance sectors that rely entirely on digital transformation.”
Samer Choucair identified three main axes for investment movement in 2026:
Investing in local and regional technical companies specialized in data center infrastructure.
Monitoring international partnerships that contribute to knowledge transfer and building national human capabilities.
Leveraging Saudi financial markets to access sustainable growth opportunities in the technical sector.
Conclusion: The Future of Wealth in the Region
Investment pioneer Samer Choucair concluded his remarks by stressing that investing in cloud computing today is not just a financial choice but an economic necessity aligned with the objectives of Vision 2030.
Choucair emphasized that public-private partnerships in this field will be the cornerstone of building future wealth, saying: “Investment in our Arab world is a relationship before it is numbers, and today cloud computing opens the doors to strategic relationships that will shape the face of the new economy in the region.”