{"id":2652,"date":"2024-05-09T17:18:39","date_gmt":"2024-05-09T14:18:39","guid":{"rendered":"https:\/\/gulfdca.com\/?p=2652"},"modified":"2024-05-09T17:28:19","modified_gmt":"2024-05-09T14:28:19","slug":"weekly-news-blast-9th-may-2024","status":"publish","type":"post","link":"https:\/\/gulfdca.com\/ar\/weekly-news-blast-9th-may-2024\/","title":{"rendered":"Weekly News Blast – 9th May 2024"},"content":{"rendered":"
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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\u2019d like to share? Email yours to imogen@gulfdca.com<\/a> with NEWS<\/strong> in the subject line.<\/div>\n
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GDCA People<\/strong><\/span><\/h2>\n
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In response to the rapid expansion of the data centre sector in the GCC region, the Gulf Data Centre Association (GDCA) has launched a dedicated \u201cPeople\u201d Department. Our vision for GDCA People is to become the most trusted, leading, and strategic recruitment partner in the GCC data centre industry. Whether you\u2019re scaling up an established company or launching a new venture, our services are designed to benefit organizations at all stages.<\/p>\n

Looking for further information? Reach out to\u00a0Krystyna Litwa<\/strong><\/a>, our Head of GDCA People, and explore exciting career opportunities in the data centre industry.\ud83d\ude80<\/p>\n<\/div>\n

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\ud83d\udd17 Sponsors: We will be in touch to connect with your HR\/Talent Acquisition Team.
\ud83d\udd17 Employers looking for top talent, submit your vacancy here<\/strong><\/a>.
\ud83d\udd17 Employees aiming for career growth, submit your CV here<\/strong><\/a>.<\/p>\n<\/div>\n

Sponsor News<\/strong><\/span><\/h2>\n

\"\"Telecom giant announces the launch of stc Bank <\/i><\/b><\/p>\n

The Saudi Central Bank has given the green light for stc Group to launch its new banking sector subsidiary, aiming to provide Shariah-compliant fintech solutions. This new entity will offer banking services and financial solutions, prioritising high security and customer protection through advanced fintech. This is the latest development by stc Group, as part of stc\u2019s DARE 2.0 strategy, focusing on unconventional growth paths and digital transformation within the region\u2026Read more<\/a><\/p>\n

Industry News<\/strong><\/span><\/h2>\n

Kingdom of Bahrain<\/b><\/span>\"\"<\/span><\/strong><\/h2>\n

Tamkeen enhance career development support for Bahraini nationals<\/i><\/b><\/p>\n

Tamkeen recently announced a series of updates to its career development support programmes for enterprise training and leadership employment. In an effort to foster new talent and career advancement for Bahraini nationals, these programmes are perfect preparation for the demands of the labour market and equip participants with the best tools to succeed\u2026Read more<\/a><\/p>\n

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Saudi Arabia<\/u><\/strong><\/h3>\n

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Saudi Arabia strengthen their economic ties with Malaysia<\/i><\/b><\/p>\n

Aiming to act as a catalyst for growth and collaboration across a multitude of sectors, Saudi and Malaysia have launched a business council \u2013 fortifying the economic ties between these two countries. In line with the goals of Saudi Vision 2030, this new council and trade relations will allow for increased investment in innovation, emerging technologies, research programmes, e-commerce, and enhance the capabilities of Saudi and Malaysian companies to access global markets\u2026Read more<\/a><\/p>\n

BlackRock and PIF enter an MoU <\/i><\/b><\/p>\n

BlackRock and the Public Investment Forum (PIF) have signed an MoU to establish a Riyadh-based multi-asset class investment platform \u2013 anchored by an initial investment mandate upwards of $5Bn from PIF. This new platform, BRIM (BlackRock Riyadh Investment Management), aims to support foreign investment into Saudi Arabia and further enhance the Kingdom\u2019s asset management industry. By broadening local capital markets, driving investor diversification, facilitating knowledge sharing, and developing Saudi-based asset management talent, KSA is again advancing along the path of economic transformation\u2026Read more<\/a><\/p>\n

Saudi Arabia partner with Uzbekistan to build \u2018green data centres\u2019<\/i><\/b><\/p>\n

At the recent Tashkent International Investment Forum (Uzbekistan), plans to build two eco-friendly data centres in collaboration with Saudi Arabia\u2019s Datavolt were announced. The project, reported to progress in three phases, will start with a $150Mn, 10MW facility in Tashkent; with subsequent phases seeing the construction of a 250MW data centre in two nearby locations\u2026Read more<\/a><\/p>\n

PIF\u2019s Alat unveils new business units to tap into electrification and AI markets<\/i><\/b><\/p>\n

Alat, a newly formed entity owned by Saudi Arabia\u2019s PIF, has launched two new business units – electrification and AI infrastructure \u2013 to meet the growing demands for advanced AI infrastructure and strengthen global electricity grid technology. In total Alat has launched 9 business units (incl. these two), with plans to invest upwards of $100Bn by 2030, firmly establishing the Kingdom as a premier manufacturing hub globally\u2026Read more<\/a><\/p>\n<\/div>\n

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UAE<\/strong><\/span><\/h2>\n

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Are e& setting its sights on European expansion?<\/i><\/b><\/p>\n

Abu Dhabi telco, e&, are rumoured to acquire eastern European carrier United Group BV, in a deal worth upwards of $8Bn. As part of its European expansion plan, e& grew its stake in Vodafone Group to 14.6%, and this purchase will further solidify its presence. United Group operate in several countries across Europe, \u00a0including Serbia, Slovenia, Croatia, and Montenegro; most recently selling its mobile tower infrastructure unit in Bulgaria, Croatia, and Slovenia to Saudi Telecom\u2019s (STC) tower infrastructure unit Tawul\u2026Read more<\/a><\/p>\n

Dubai launches a Universal Blueprint for Artificial Intelligence<\/i><\/b><\/p>\n

Sheikh Hamdan has launched the Dubai Universal Blueprint for AI; a yearly plan focused on harnessing the potential of AI technology whilst reflecting Dubai\u2019s commitment to leverage new AI technologies, achieve the goals of the Dubai Economic Agenda \u2018D33\u2019, and become the global epicentre for all things digital. This plan aims to create the best environment for AI companies and global talent, through advanced technological infrastructure, flexible legislation and even going as far as appointing a CEO for Artificial Intelligence in each government entity in Dubai\u2026Read more<\/a><\/p>\n

UAE selected to join Hiroshima AI Process Friends Group<\/i><\/b><\/p>\n

The first Arab country to be selected, the UAE has been asked to be part of the Hiroshima AI Process Friends Group, alongside 49 other countries. Announced last May during the 49th<\/sup> G7 Summit in Japan, the Hiroshima AI Process initiative was created with the hopes of providing a comprehensive framework to responsibly pursue AI advancements and ensure clear guidelines are available to curtail problems posed by the rapidly-evolving technology\u2026Read more<\/a><\/p>\n

DIFC raise $3.3Bn to boost growth in the Fintech sector<\/i><\/b><\/p>\n

Fintech was the fastest-growing sector for the Dubai International Financial Centre (DIFC) last year; and with Dubai\u2019s location, favourable legislation, and population profile, it is no wonder. At a 31% growth rate from 2022-23 in Fintech company registrations, the DIFC has been expanding 5 times faster than the Emirate\u2019s average GDP growth over the past 10 years \u2013 now more than ever, the goals of the Dubai Economic Agenda \u2018D33\u2019 are looking more and more attainable\u2026Read more<\/a><\/p>\n<\/div>\n

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\u00a0 \u00a0 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\u2019d like to share? Email yours to imogen@gulfdca.com with NEWS in the subject line. \u00a0 GDCA People In response to the rapid expansion of the data centre sector<\/p>\n","protected":false},"author":1,"featured_media":1572,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-2652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weekly-news-blast"],"_links":{"self":[{"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/posts\/2652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/comments?post=2652"}],"version-history":[{"count":3,"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/posts\/2652\/revisions"}],"predecessor-version":[{"id":2655,"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/posts\/2652\/revisions\/2655"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/media\/1572"}],"wp:attachment":[{"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/media?parent=2652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/categories?post=2652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/tags?post=2652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}