{"id":3753,"date":"2025-07-24T12:03:06","date_gmt":"2025-07-24T09:03:06","guid":{"rendered":"https:\/\/gulfdca.com\/?p=3753"},"modified":"2025-07-24T12:03:06","modified_gmt":"2025-07-24T09:03:06","slug":"weekly-news-blast-24th-july-2025","status":"publish","type":"post","link":"https:\/\/gulfdca.com\/ar\/weekly-news-blast-24th-july-2025\/","title":{"rendered":"Weekly News Blast – 24th July 2025"},"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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Industry News<\/strong><\/div>\n

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

Saudi Arabia broadens capital market as FDI soars<\/em><\/strong><\/p>\n

Saudi Arabia\u2019s Capital Market Authority (CMA) has introduced new regulations allowing individual foreign investors residing in GCC countries to directly invest in equities on the Saudi Main Market (TASI) for the first time. The reforms also enable former residents of Saudi Arabia and other GCC nations to maintain and operate their investment accounts after relocating. These changes are part of broader efforts to modernise the Kingdom\u2019s capital market, boost foreign participation, and align with Vision 2030 goals. With foreign ownership in Saudi equities surpassing SAR 500Bn, the CMA aims to enhance market accessibility, attract long-term capital, and position Saudi Arabia\u2019s capital (Riyadh) as a leading regional financial hub\u2026Read more<\/a><\/p>\n

xAI reportedly eyes Saudi data centre space <\/em><\/strong><\/p>\n

Elon Musk\u2019s xAI is in early talks to lease data centre capacity in Saudi Arabia as part of its global infrastructure expansion, according to Bloomberg. The company is considering two potential partners: Humain, a Saudi state-backed firm with multi-gigawatt ambitions still in early stages, and another unnamed partner building a 200MW facility already under construction. With $10Bn in recent funding, xAI is scaling up rapidly, adding to its existing US footprint, including its Memphis-based \u2018Colossus\u2019 supercluster and new site in Atlanta. The Saudi discussions align with Musk\u2019s recent visit to the Kingdom and broader efforts to deepen cooperation on AI and digital infrastructure\u2026Read more<\/a><\/p>\n

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

EDGE and Pavo Group launch JV \u2018KEY4\u2019<\/em><\/strong><\/p>\n

EDGE Group and Turkey-based Pavo Group have launched KEY4, a joint venture based in Abu Dhabi focused on developing advanced defence and security technologies. Announced at IDEF 2025 in Istanbul, KEY4 will deliver solutions across critical domains, such as cybersecurity, AI, electronic warfare, secure communications, and aerospace. The partnership combines EDGE\u2019s innovation with Pavo\u2019s engineering expertise to support the UAE\u2019s sovereign defence priorities and meet the evolving needs of global partners. This venture marks a significant step in strengthening the UAE\u2019s position as a key contributor to regional and international security\u2026Read more<\/a><\/p>\n

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

USA<\/u><\/strong><\/h2>\n

Meta to spend hundreds of billions on AI data centres in superintelligence push<\/em><\/strong><\/p>\n

Meta CEO Mark Zuckerberg has announced plans to invest hundreds of billions of dollars into building massive AI data centres in the US to support the company\u2019s ambition to lead in \u2018\u2019Superintelligence\u2019\u2019. The first facility, Prometheus, will go live in Ohio by 2026, with a second, Hyperion, scaling up to 5GW in Louisiana by 2030. The initiative is part of a broader overhaul of Meta\u2019s AI strategy, including the launch of a new division, Superintelligence Labs, led by former Scale AI CEO Alexandr Wang and ex-GitHub Chief Nat Friedman. Meta has already invested $14.3Bn in Scale and is targeting new revenue streams for Meta AI, image-to-video ad tools, and smart glasses. Internal discussions are also reportedly underway to abandon its open-source \u2018\u2019Behemoth\u2019\u2019 model in favour of a closed alternative. Backed by strong ad revenues and a capital expenditure forecast of $64-72Bn for 2025, Meta\u2019s aggressive push places it in direct competition with OpenAI and Google in the race to build the world\u2019s leading AI infrastructure. However, the scale of these AI data centres raises growing environmental concerns, particularly around water and energy usage. One study suggests that these data centres could consume 1.7Tn gallons of water globally by 2027, with a single AI query, for example, a request to ChatGPT, consuming roughly the same amount of water as a small plastic bottle\u2026Read more<\/a><\/p>\n

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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 with NEWS in the subject line. Industry News Saudi Arabia Saudi Arabia broadens capital market as FDI soars Saudi Arabia\u2019s Capital Market<\/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-3753","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\/3753","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=3753"}],"version-history":[{"count":1,"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/posts\/3753\/revisions"}],"predecessor-version":[{"id":3754,"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/posts\/3753\/revisions\/3754"}],"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=3753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/categories?post=3753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gulfdca.com\/ar\/wp-json\/wp\/v2\/tags?post=3753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}