Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
On 23 July 2024, Grid Telecom (IPTO’s telecom subsidiary) and Dawiyat Integrated (a Saudi Electricity Company subsidiary) signed a Memorandum of Understanding in Athens for a strategic collaboration to develop a new high-capacity subsea cable system linking Saudi Arabia with Crete in Greece and onward to major destinations in Europe and the Arabian Peninsula.