Weekly news blast – 4th April 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

Eaton

Milestone completion of Puerto Rico’s largest clean energy microgrid

Eaton has recently announced the completion of their Puerto Rico microgrid, the largest clean energy microgrid in the country, at their Arecibo manufacturing plant. Alongside their project partner Enel North America, this milestone demonstrates the important role microgrids play in creating a robust energy infrastructure in combating the impact of climate change…Read more

 

Industry News

Oman

Government launches $5bn fund

Oman Investment Authority has announced the launch of their Future Fund Oman with $5.2Bn of capital, 90% of which will be invested in major projects located in Oman. The OIA says projects such as manufacturing, green energy, tourism, and information and communication technology industries will benefit from this fund; aiming to rejuvenate these vital sectors and contribute to Oman’s broader economic objectives – one objective being the attraction of foreign direct investment, of which Oman saw a 27% rise y-o-y to nearly $13Bn in Q3 2023…Read more

 

Saudi Arabia

Saudi Arabia and UK sign training agreement to bolster information and research capabilities

Saudi Arabia’s Ministry of Foreign Affairs and the UK’s Foreign, Commonwealth and Development Office have signed a diplomatic training agreement, involving the deployment of specialised programmes across educational institutes in both countries. These programmes will help establish and strengthen cooperation in the fields of information, research activities, and training initiatives…Read more

 

 

Middle East

CoreStack partners with ZainTech to boost cloud adoption

ZainTech, the integrated digital solutions provider of Zain Group, and CoreStack have entered into a partnership, aiming to provide NextGen multi-cloud governance, FinOps, and cost management solutions to organisations across the region. This joint offering will help organisations, including government and business industries, accelerate their cloud adoption and capitalise on its transformative benefits. Through this partnership, ZainTech will harness CoreStack’s AI-driven automation capabilities, allowing a more streamlined and cost-effective delivery of ZainTech’s multi-cloud managed services…Read more

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