{"id":2458,"date":"2024-03-14T17:00:40","date_gmt":"2024-03-14T14:00:40","guid":{"rendered":"https:\/\/gulfdca.com\/?p=2458"},"modified":"2024-03-14T14:57:14","modified_gmt":"2024-03-14T11:57:14","slug":"weekly-news-blast-14th-march-2024","status":"publish","type":"post","link":"https:\/\/gulfdca.com\/en\/weekly-news-blast-14th-march-2024\/","title":{"rendered":"Weekly news blast – 14th March 2024"},"content":{"rendered":"
\"\"<\/div>\n
<\/div>\n
<\/div>\n
<\/div>\n
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
<\/div>\n

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

Stc<\/u><\/b><\/h3>\n
\n

\"\"<\/p>\n

Stc Group launches sovereign cloud powered by Oracle<\/strong><\/p>\n

This new sovereign cloud platform will offer upwards of 100 Oracle Cloud Infrastructure services to provide highly secure and reliable cloud infrastructure. The deployment of Oracle Alloy aims to deliver cutting-edge cloud solutions tailored to meet the unique needs of the Saudi Arabian market, whilst also supporting data residency and data sovereignty\u2026Read more<\/a><\/strong><\/p>\n<\/div>\n

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

Kuwait<\/span><\/strong><\/h3>\n

\"\"<\/em><\/strong><\/h3>\n

Stc Kuwait deploy new 5G wireless service<\/strong><\/p>\n

Stc Kuwait has announced a groundbreaking development in broadband connectivity with the deployment of their new 5G RedCap FWA service across the Middle East. This marks a transformative advancement in high-speed, reliable internet access and unparalleled connectivity, enhancing customer experience and promising to lower barriers to 5G adoption, further encouraging the transition from 4G to 5G\u2026Read more<\/strong><\/a><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

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

\"\"<\/em><\/strong><\/h4>\n
\n

Gulf Capital and the Innovation Authority sign a $100Mn investment deal<\/strong><\/p>\n

Saudi Arabia\u2019s technology sector is poised to benefit from $100Mn of investment over the next 5 years thanks to an agreement between Gulf Capital and the Kingdom\u2019s Research Development and Innovation Authority. This significant investment aims to enhance, foster, and fund the growth of both international and local technology companies, with specific attention to healthcare, fintech, and renewable innovation\u2026Read more<\/strong><\/a><\/p>\n

Saudi DC market attracts significant global investment at LEAP<\/strong><\/p>\n

Saudi Arabia has emerged as one of the most attractive destinations for international player investment as evidenced at LEAP Riyadh last week, where multiple tech and data centre companies revealed plans to enter the Kingdom. The Saudi Arabia minister of investment, Khalid Al-Falih, commented on this significant influx stating that \u2018these investments are key to enable future growth in the industry and enable the broader transformation of the Kingdom\u2019s economy\u2019\u2019\u2026 Read more<\/strong><\/a><\/p>\n

Saudi Arabia announces new plans to support tech startups<\/strong><\/p>\n

Whilst startup funding globally has seen a rapid decline over the last year, Saudi Arabia recorded a 159% increase in investment compared to 2022, and there are no plans to slow down. At LEAP Riyadh last week, the Kingdom announced ideas to invest upwards of $888Mn to support the local tech startup and venture capital sector, with a specific focus on industries such as digital payments, e-gaming, and AI\u2026Read more<\/a><\/strong><\/p>\n<\/div>\n","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 Stc Stc Group launches sovereign cloud powered by Oracle This new sovereign cloud platform<\/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-2458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weekly-news-blast"],"_links":{"self":[{"href":"https:\/\/gulfdca.com\/en\/wp-json\/wp\/v2\/posts\/2458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gulfdca.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gulfdca.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gulfdca.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gulfdca.com\/en\/wp-json\/wp\/v2\/comments?post=2458"}],"version-history":[{"count":1,"href":"https:\/\/gulfdca.com\/en\/wp-json\/wp\/v2\/posts\/2458\/revisions"}],"predecessor-version":[{"id":2459,"href":"https:\/\/gulfdca.com\/en\/wp-json\/wp\/v2\/posts\/2458\/revisions\/2459"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gulfdca.com\/en\/wp-json\/wp\/v2\/media\/1572"}],"wp:attachment":[{"href":"https:\/\/gulfdca.com\/en\/wp-json\/wp\/v2\/media?parent=2458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gulfdca.com\/en\/wp-json\/wp\/v2\/categories?post=2458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gulfdca.com\/en\/wp-json\/wp\/v2\/tags?post=2458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}