investment

Khazna to build MENA region’s first AI-optimized data center in Ajman, largest in UAE

Khazna’s latest 100k SQM facility features 20 data halls each with 5MW capacity

Microsoft’s cloud ecosystem to add $74.4 billion to UAE economy, create over 150,000 new jobs: Report

The Microsoft ecosystem will be responsible for adding over 41,800 new skilled IT jobs into the UAE economy

Abu Dhabi’s Masdar, Presight forge partnership to create AI-driven asset management tool

Masdar aims to digitize its global operations, transitioning from a reactive to a predictive model

AWS and e& sign $1 billion agreement to enhance cloud solutions, support AI for digital transformation

The focus will be on cloud services like storage, computing, networking, cybersecurity, and AI/ML advancements

RAK Properties collaborates with Commercial Bank of Dubai on $544.5 million financing agreement

The funding will support RAK Properties' projects, including luxury hotels and residential communities in Mina Al Arab

Expand North Star 2024: Dubai Chamber of Digital Economy highlights emirate’s business environment advantages

The emirate is fostering digital companies, boosting its reputation as a global digital economy capital

Gitex Global 2024: Khalifa Fund launches AI platform to enhance operational efficiency, transform public services

The platform aims to improve government solutions for better service delivery and adaptability

Saudi Arabia, Egypt ink maritime connectivity agreement to enhance passenger transport and expertise exchange

The collaboration areas include yacht and marine passenger transport, plus passenger ferries

Gitex Global 2024: Saudi pavilion showcases 40 tech companies

The participation highlights Kingdom's dedication to enhancing the global footprint of its businesses

Dubai Cares partners with UAE Stands with Lebanon initiative to deliver urgent humanitarian relief amid the ongoing crisis

This collaboration aims to mobilize the UAE community to raise vital funds for emergency relief

Abu Dhabi’s Borouge delivers 700,000 tons in first year under Etihad Rail agreement

Since September 2023, over 36,000 Borouge containers have moved from Al Ruwais to Khalifa Port