{"id":2591,"date":"2024-05-02T14:16:32","date_gmt":"2024-05-02T11:16:32","guid":{"rendered":"https:\/\/gulfdca.com\/?p=2591"},"modified":"2024-05-02T14:16:32","modified_gmt":"2024-05-02T11:16:32","slug":"weekly-news-blast-25th-april-2024","status":"publish","type":"post","link":"https:\/\/gulfdca.com\/en\/weekly-news-blast-25th-april-2024\/","title":{"rendered":"Weekly News Blast – 25th April 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

Legrand<\/u><\/b><\/h3>\n
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Legrand boosts data centre safety through its collaboration with Starline<\/strong><\/p>\n

This week Legrand unveiled Starline\u2019s latest innovation, the Remote Plug-in Actuator. This first-of-its-kind product will be central to data centre makeup and safety. As end-user demand rises exponentially for high-performance computing (HPC) applications and AI development, data centres are becoming increasingly power-hungry and the need for effective solutions to mitigate potential hazards has never been more important\u2026this is where the Remote Plug-in Actuator comes in\u2026Read more<\/strong><\/a><\/p>\n<\/div>\n

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

Saudi Arabia<\/strong><\/span>\"\"<\/span><\/strong><\/h2>\n

PIF partners with STC to create Saudi\u2019s largest tower provider in the Middle East<\/strong><\/p>\n

Saudi Arabia\u2019s sovereign wealth fund, PIF, has acquired a 51% stake in STC Group\u2019s Tower Communication Company (Tawal). Valued at $5.85Bn, Tawal is the largest telecoms infrastructure company in the Kingdom; and after the consolidation of Tawal and Golden Lattice Investment Company (in which PIF are majority shareholders), they are set to become the largest telecoms company in the GCC. The tower company is expected to garner annual revenues of $1.3Bn and comprise of 30,000 towers across Saudi Arabia \u2013 establishing a consolidated platform on which the telecoms sector can flourish while simultaneously accelerating the goals of Saudi Vision 2030\u2026Read more<\/a><\/p>\n

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UAE<\/u><\/strong><\/h3>\n

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e& Carrier & Wholesale launch Roaming-as-a-service<\/strong><\/p>\n

Designed to address challenges faced by mobile network operators, e& has launched a new roaming-as-a-service (RaaS) platform, giving third-party network providers a direct route to address gaps in their roaming capabilities. By allowing access to e&\u2019s scale, reach, and off-net connectivity, providers are offered the chance to achieve global roaming coverage, streamlining their business model and allowing focus on their core businesses whilst offering their customers seamless global connectivity\u2026Read more<\/a><\/p>\n

Al Etihad launches Open Finance<\/strong><\/p>\n

Partnering with G42, Al Etihad Payments has launched its Open Finance service; further cementing the UAE as the strongest open finance mechanism in the world. Utilising G42\u2019s AI capabilities, this platform gives customers the power and tools to securely share their financial data and initiate financial transactions via third parties. This innovative new technology allows financial services to become more customer-centric and seamlessly combine with other industries\u2019 digital ecosystems to transform their services\u2026Read more<\/a><\/p>\n<\/div>\n

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Middle East<\/strong><\/span><\/h2>\n

UAE and Oman sign USD$35Bn worth in deals<\/strong><\/p>\n

Oman and the UAE have announced a host of new investment and collaboration deals valued at $35Bn, covering areas including renewable energy and digital infrastructure. Among the deals is an industrial and energy mega-project worth $32Bn, focused on renewable energy and green metal production. This project follows the recent partnership between Abu Dhabi\u2019s sovereign wealth fund (ADQ) and the Oman Investment Authority (OIA) which facilitated the launch of a $180Mn technology-focused fund. The Jasoor Fund, designed to boost Oman\u2019s digital economy, will invest in high-growth tech companies and help achieve the GCC\u2019s combined efforts to digitally transform their economies and become global incubators for technology\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 Legrand Legrand boosts data centre safety through its collaboration with Starline This week Legrand<\/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-2591","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\/2591","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=2591"}],"version-history":[{"count":1,"href":"https:\/\/gulfdca.com\/en\/wp-json\/wp\/v2\/posts\/2591\/revisions"}],"predecessor-version":[{"id":2592,"href":"https:\/\/gulfdca.com\/en\/wp-json\/wp\/v2\/posts\/2591\/revisions\/2592"}],"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=2591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gulfdca.com\/en\/wp-json\/wp\/v2\/categories?post=2591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gulfdca.com\/en\/wp-json\/wp\/v2\/tags?post=2591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}