Oracle is looking to invest $1.5B in Saudi Arabia to expand its cloud presence in the Gulf state.  The cloud giant plans to open its third public cloud region in Saudi Arabia in Riyadh, the country's capital. Oracle has yet to specify a timeline for its planned Riyadh data center, Nick Redshaw, a senior vice president at Oracle, highlighted, "We are finalizing the plans for opening the Riyadh region. We are still working with our suppliers before we can announce the actual date."  The $1.5B investment would be made over several years and would also be put toward expanding the capacity of its cloud region in Jeddah, which Oracle launched in 2020.  The Saudi government has been aiming to build more partnerships with international companies over the last few years.  The LEAP tech conference is being held in Riyadh from Feb. 6-9 and features 100,000+ tech innovators and leading experts from around the world.