Mubadala to sell CoolIT stake in KKR-led $4.75bn transaction
Mubadala exits CoolIT as KKR leads a $4.75bn sale to Ecolab, highlighting strong growth in liquid cooling driven by AI data centre demand.
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Zoho Corporation opens its first data centres in UAE
Zoho has launched its first UAE data centres in Dubai and Abu Dhabi as part of a AED100 million investment. The facilities enable local data hosting, strengthen data sovereignty, and support government and enterprise adoption of over 100 Zoho and ManageEngine cloud solutions, reinforcing the UAE’s digital transformation goals.
Telecom Egypt Delays Helios Data Centre Sale to Q1 2026
Telecom Egypt has postponed the sale of its data centre assets to Helios Investment Partners to Q1 2026, finalising legal steps for the $230–260 million deal. Proceeds will support debt reduction as the company targets a net-cash position. The announcement follows TE’s completion of core infrastructure for the major 2Africa subsea cable project.Telecom Egypt has postponed the sale of its data centre assets to Helios Investment Partners to Q1 2026, finalising legal steps for the $230–260 million deal. Proceeds will support debt reduction as the company targets a net-cash position. The announcement follows TE’s completion of core infrastructure for the major 2Africa subsea cable project.