Weekly News Blast – 1st August 2024

Welcome to the GDCA Weekly News Blast! Check out the latest industry news from the GCC region below. Have any Middle East data centres news you’d like to share? Email yours to imogen@gulfdca.com with NEWS in the subject line.

Sponsor News

Exagate

Proficiency PWG2 Intelligent PDU Series

The trusted choice of leading data centres worldwide, Exagate have created the PWG2 Intelligent PDU Series. Boasting unparalleled flexibility and providing real-time monitoring and secure communication capabilities, this innovative solution changes how infrastructure is managed…Read more

Vertiv

Vertiv introduce its innovative technologies to Gulf Data Hub’s new Dubai DC

Gulf Data Hub (GDH) currently operates six data centres within Dubai Silicon Oasis, and Vertiv has been there every step of the way.  Vertiv’s advanced Uninterruptible Power Supply (UPS) and cooling technologies have empowered GDH to achieve remarkable energy efficiency and operational excellence – changing the landscape of the Middle Eastern data centre facility…Read more

Industry News

Kingdom of Bahrain

BNET signs MoU with Huawei to enhance nationwide fibre broadband

BNET, the national provider of fibre optic infrastructure in Bahrain, has signed an MoU with Huawei Bahrain to enhance the broadband experience for users in Bahrain. By leveraging Huawei’s cutting-edge and advanced technologies, BNET aims to deliver an unparalleled broadband user experience; and further positions Bahrain as a leader in global fibre broadband provision…Read more

 

 

 

 

Saudi Arabia

SDAIA launches data centre expansion initiatives in Riyadh

Saudi Data and AI Authority (SDAIA) has announced the launch of a series of data centre expansion projects, designed to fortify existing infrastructure and facilitate the introduction of new technologies. These planned data centre expansions are pivotal to the Kingdom’s Saudi Vision 2030 goals, with new facilities boasting electrical capacities of up to 65KW per cabin, allowing for enhanced capacity and operational efficiency. It doesn’t end here though – SDAIA’s data centre expansion projects also extend beyond infrastructure development, additionally focusing on partnerships with global technology companies, building research institutions, creating renewable energy initiatives, and integrating/offering cloud computing, edge computing, and AI solutions. In short, this is another pivotal step towards Saudi Arabia realising its goals of becoming a global hub for digital technology…Read more

Stc approve PIF’s purchase of its new telecom company

Shareholders of Saudi telecom giant, Stc, have approved plans to create a new telecommunications infrastructure company in which PIF (the Public Investment Fund) will have a 51% stake – valued at $2.3Bn. This reconstructed entity will have an estimated 30,000 tower sites and an annual revenue of $1.3Bn, owning several infrastructure assets across Central and Eastern Europe. This deal comes as part of the sovereign wealth funds’ strategy to shift towards more domestic acquisitions, with all 22 of its 2023 purchases being local and acts as a major ‘’stepping stone to consolidating the Saudi tower market’’, comments Stc’s, Motaz Alangari…Read more

UAE

RETN expands footprint into the Middle East

RETN has opened its new point-of-presence (PoP) in Dubai Production City’s Equinix D1, marking the company’s first significant expansion into the Middle East. This strategic move is set to bolster RETN’s network, enhance connectivity, and provide customers with highly reliable, low latency, and secure connections that span the Middle East, Europe, and Asia. By choosing Dubai as a new PoP location, we again are witnessing the Emirates’ growing importance as a global business hub and a critical juncture for international connectivity…Read more

AI office launches ‘UAE Charter for Development and Use of AI’

The UAE’s Artificial Intelligence, Digital Economy, and Remote Work Applications Office has launched the ‘Charter for Development and Use of Artificial Intelligence’ in the UAE, aimed at achieving the objectives of the UAE Strategy for Artificial Intelligence. In an effort to cement the UAE’s position as a global leader in AI, the Charter aims to provide a thriving environment that adheres to the highest standards of safety and privacy and enhances societal trust in applications such as AI technologies…Read more

 

Kuwait

Country plays catch-up with ambitious green energy plans

In an effort to catch up with its neighbouring Gulf states and ease reliance on falling oil revenues, Kuwait Oil Company are developing a master plan to produce 17 GW of renewables and 25GW of green hydrogen by 2050. The strategy involves developing significant wind and solar power capabilities and the development of green hydrogen for internal industrial use and export. However, Kuwait has a history of delayed projects; and experts say this very-needed project will only come to fruition if crucial factors like government support and the ability to attract finance are provided…Read more\

Qatar

Ooredoo H1 profit rises, attributable to strong core market growth

The Qatari telecommunications giant, Ooredoo Qatar, saw net earnings attributable to shareholders rise 4% YoY to $512Mn in the first half of 2024, driven by strong performance in its core markets. This past year has been marked by monumental deals for Ooredoo Qatar; from inking an agreement with Zain Group and TASC Tower Holding to create the largest tower company in the MENA region, to becoming the first Middle Eastern company to deploy Nvidia’s AI technologies in its data centres. This statistic marks the company’s steady progress towards achieving its 2024 goals and, at a wider level, is a milestone towards Qatar’s ongoing economic digital transformation…Read more

 

الخصوصية وملفات تعريف الارتباط؟
هذا الموقع يستخدم ملفات تعريف الارتباط الخاصة للتأكد من سهولة الاستخدام وضمان تحسين تجربتك أثناء التصفح. من خلال الاستمرار في تصفح هذا الموقع، فإنك تقر بقبول استخدام ملفات تعريف الارتباط. الشروط والأحكام والسياسات.