Microsoft plans to invest in a new cloud data center in Saudi Arabia to meet the growing customer demand for cloud services.  The software giant shared this news on Feb. 6 at the LEAP international technology conference in Riyadh.  According to a study from the IDC, a leading global market intelligence firm, Microsoft’s new cloud infrastructure in the Kingdom will generate ~$24B in new revenues for the tech company and its partners.  The tech giant’s new investment aligns with Vision 2030, the Kingdom’s economic and social reform blueprint that is opening Saudi Arabia up to the world.  Other Gulf nations, like the U.A.E, are also looking to attract cloud “hyper scalers” to boost technology adoption in more business sectors. The Dubai Chamber of Commerce estimates that startups and SMBs in the country will gain $17.1B in economic benefits from hyperscale cloud computing by 2030.  Other cloud giants, like Oracle and Rackspace, have also recently signed agreements to expand their services in Saudi Arabia.