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Sponsor News
Stc Bahrain
Stc Bahrain and HPE Aruba Networking partner
A strategic partnership has been signed to enhance Wi-Fi and networking technology offerings in Bahrain. The strategic agreement, between Stc Bahrain and HPE Aruba Networking, is set to further cement the country’s position as a leading telecommunications provider and digital enabler, whilst also facilitating significant economic development within Bahrain…Read more
Industry News
Abu Dhabi
ADIA purchases DigitalBridge’s Landmark Dividend
ADIA has completed the acquisition of a 40% stake in DigitalBridge’s portfolio company Landmark Dividend LLC. DigitalBridge acquired Landmark in 2021, and the company currently has investments in more than 47 data centres across North America – this deal will further ADIA’s ambitions to bolster investments in digital infrastructure in the US…Read more
Microsoft set to invest in AI company G42
Microsoft is positioning itself at the centre of an AI boom following the launch of OpenAI’s ChatGPT, most recently announcing an investment of US$1.5Bn into AI company G42. In an effort to deepen relations between the US and UAE, this G42 investment will be leveraged as a launch pad to other regions, accelerating Microsoft’s global expansion strategy. As part of the deal, G42, who are central to Abu Dhabi’s AI ambitions and backed by Abu Dhabi sovereign investor Mubadala, will harness Microsoft’s cloud computing platform, Azure. This investment is set to strengthen Abu Dhabi’s position as a hub for AI, cementing its place as a credible technology partner and pushing them closer to a transitioned economy away from oil. This is not the first sign of AI chatter within Abu Dhabi; AI leaders have been increasingly drawn to the city by its grand plans and deep pockets, as evidenced by the recent launch of MGX – an investment company dedicated to AI deals in the country…Read more
Oman
Oman internet exchange launched in Equinix MC1
Awasr, AMS-IX, and Alliance Networks have teamed up to launch the Oman Internet Exchange at Equinix’s MC1 data centre in Muscat. The new launch of Oman-IX will establish a neutral internet exchange and connection between telecom industry network providers, hyperscalers, data centres, and cloud services across the Middle East. This new IX point serves as a significant milestone in Oman’s digital transformation, helping to strengthen Oman’s digital landscape and accelerate the Sultanate’s interconnectivity to global networks – providing a robust and reliable digital ecosystem in Oman, contributing to the enrichment of connectivity and facilitating the seamless exchange of data across borders…Read more
Saudi Arabia
Aramco and GCT sign 5G chip deal
Saudi Aramco has entered an MoU with GCT to develop 5G chipsets, hoping to support the localisation of wireless end-user devices and IoT manufacturing in Saudi Arabia – with a special focus on pushing AI-driven features. This strategic agreement follows Aramco Digital’s, the oil company’s digital and technology subsidiary, partnership with Intel to build an Open RAN development centre in the Kingdom. This is part of Saudi’s wider plan to build a more agile telecoms network, and is part of Vision 2030, focusing on technological advancements and economic diversification…Read more
Kuwait
Iraq and Kuwait create a Gulf-Europe telecom corridor
Kuwait’s Zajil Telecom alongside Iraq’s Informatics and Telecommunications Public Company, a division of the Ministry of Communications, have entered a strategic agreement to create a telecom corridor connecting the Gulf to Europe. Passing through Iraqi sea and land ports, this new corridor is positioned to strategically boost the country, enhancing its status and financial prospects in the regional telecom sector. This latest agreement is also a precursor to additional projects planned for Iraq’s connectivity transformation with the planned installation of their third subsea cable at Al-Faw with Saudi Arabia…Read more