Ooredoo Group has secured a record QAR 2 billion financing deal to enhance its data centers and AI capabilities. This investment will expand infrastructure to meet increasing demand for AI and cloud services in the MENA region, marking a significant step in technological advancement.
Mari Petroleum Company Limited (MPCL) is diversifying into technology by investing in data centers and cloud computing across Pakistan. The initiative includes building Tier III and IV data centers to meet increasing data demands in various sectors, following the creation of a dedicated digital infrastructure subsidiary.
Ooredoo has finalized a landmark financing deal to enhance its data center operations, supporting the expansion and upgrade of infrastructure for AI and cloud services. This strategic move aims to address the increasing demand for high-capacity digital services.
Saudi Arabia plans to expand data center capacity to 64MW, with an investment between SAR 1.95 billion and SAR 2.5 billion, through a partnership between MIS and BSF Capital. This initiative supports the kingdom’s goal to boost its tech sector.
BlackRock, GIP, Microsoft, and MGX have formed the Global AI Infrastructure Investment Partnership, aiming to fund expansive AI data centers. This $30 billion initiative will catalyze broader economic and technological growth by advancing AI infrastructure to meet increasing computational demands.
ICS Arabia has initiated construction on the Desert Dragon Data Centers in Saudi Arabia with a capacity of 187 MW. This project, in collaboration with Lumaotong Group and China Mobile International, aims to enhance digital infrastructure and support Saudi Arabia’s Vision 2030 with advanced data center technologies.
Aramco Digital Company has teamed up with AI inference leader Groq to develop the world’s largest inferencing data center in…
