{"id":3002,"date":"2024-09-26T16:02:56","date_gmt":"2024-09-26T13:02:56","guid":{"rendered":"https:\/\/gulfdca.com\/?p=3002"},"modified":"2024-09-26T16:02:56","modified_gmt":"2024-09-26T13:02:56","slug":"weekly-news-blast-26th-september-2024","status":"publish","type":"post","link":"https:\/\/gulfdca.com\/ar\/weekly-news-blast-26th-september-2024\/","title":{"rendered":"Weekly News Blast – 26th September 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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Sponsor News<\/strong><\/span><\/h2>\n

Charles Russell Speechlys\"\"<\/b><\/span><\/h2>\n

CRS contribute to ThoughtLeaders4 Disputes latest issue \u2013 \u2018Arbitration in the UAE and Saudi\u2019<\/i><\/b><\/p>\n

In this expert insight interview, Peter Smith (CRS Legal Director) delves into the Middle East\u2019s enduring commitment to construction-related arbitration and casts a keen eye on the burgeoning realms of commercial arbitration, particularly in the dynamic sectors of digital assets, private wealth, and ESG\u2026Read more<\/a><\/p>\n

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

Saudi Arabia<\/u><\/strong><\/h2>\n

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BSF Capital and MIS sign a letter of intent to raise capacity of data centres<\/i><\/b><\/p>\n

Al Moammar Information Systems (MIS), a Saudi IT company, and BSF Capital have announced plans to increase data centre capacity in the region by up to 64MW in a deal estimated to be worth between $520mn-$666mn. BSF Capital signed the letter of intent with MIS on behalf of the Saudi Data Centre Fund 1, an investment fund created to construct six hyperscale data centres in the Kingdom with an accumulated capacity of 24MW\u2026Read more<\/a><\/p>\n

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

G42 partners with Nvidia to launch a climate tech lab<\/i><\/b><\/p>\n

UAE-based AI company G42, which tech giant Microsoft famously invested $1.5bn in, has partnered with Nvidia to set up a climate tech laboratory in Abu Dhabi. Following the chaos-inducing storms experienced by the UAE and GCC earlier this year, utilising cutting-edge technology, this lab will \u2018\u2019serve as a hub for research and development, driving forward both companies\u2019 commitment to environmental sustainability\u2019\u2019 comments a company rep. This follows G42\u2019s recent collaboration with Microsoft to open two centres in Abu Dhabi to advance work on \u2018responsible\u2019 AI practices\u2026Read more<\/a><\/p>\n<\/div>\n

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Qatar\"\"<\/strong><\/span><\/h2>\n

Ooredoo Group secures QR2Bn to accelerate data centre expansion<\/i><\/b><\/p>\n

In a landmark deal, Ooredoo Group have announced a QR2bn financing deal aimed at accelerating the growth of its data centre and AI business, recently announced as MENA Digital Hub. The funds will be allocated to carve out existing data centre assets from Ooredoo\u2019s telecom operations, with a significant portion directed toward expanding capacity and upgrading infrastructure to support the growing demand for AI, cloud services, and hyperconnectivity in the MENA region. This monumental deal follows the company\u2019s US$1bn investment in expanding its combined data centre capacity by 120MW in the medium to long term\u2026Read more<\/a><\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

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. Sponsor News Charles Russell Speechlys CRS contribute to ThoughtLeaders4 Disputes latest issue \u2013 \u2018Arbitration in the<\/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-3002","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\/3002","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=3002"}],"version-history":[{"count":1,"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/posts\/3002\/revisions"}],"predecessor-version":[{"id":3003,"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/posts\/3002\/revisions\/3003"}],"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=3002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/categories?post=3002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/tags?post=3002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}