Riyadh – Cisco Executive Chairman John T. Chambers described Saudi Deputy Crown Prince Mohammed bin Salman as an “ambitious personality” and “inspiring figure”.
Speaking to Asharq Al-Awsat newspaper on Tuesday, Chambers said his meeting with Prince Mohammed in Silicon Valley in June was very productive, noting that a memorandum of accord was signed between Cisco and Saudi Arabia to speed up the Kingdom’s digitalization projects within the framework of Vision 2030 and the National Transformation Program.
Chambers was in Riyadh to participate in MiSK Global Forum (MGF 2016), which is organized by the MiSK Foundation and aims at exploring means to empower Arab youth to become global citizens and to lead the way for the sustainable development in the Kingdom.
Chambers stressed that Vision 2030 will have a positive impact in the region, noting that his company will work together with the Kingdom in the digitalization sector to achieve Saudi goals in this regard.
He also said the deputy crown prince believes in the capacity of the Saudi youth to overcome all challenges and strengthen their country’s economy.
Chambers added that Saudi Arabia has put forward plans to create tens of thousands of job opportunities, stressing that the world will be astonished by the Kingdom’s fast digital development.
During an official visit to the U.S. last June, the deputy crown prince met with the California-based Cisco Systems’ Chambers and his executive team.
Following the meeting, a memorandum of understanding was signed to help develop the digital infrastructure in the kingdom.
Cisco – the largest networking company in the world – has its market cap at $146 billion. Its profits after taxes reached $2.35 billion for the first quarter of 2016.