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THIS MORNING: L’imad opens an Azerbaijan investment lane + Khazna teams up with Siemens for AI infrastructure
Plus: Another Etihad Rail station is coming to Dubai
THIS MORNING: Du gets the MSCI EM nod as two names get the boot + Wendy’s could be BlueFive’s latest play
Stargate UAE is still on track despite the war
Khazna to develop 200 MW data center capacity in KSA
The firm has uptaken a 225k sqm in Dammam to develop up to 200 mw of AI-ready data center capacity
G42 capitalizes on Microsoft partnership to add 200 MW of data center capacity through Khazna
The upgrade is part of Microsoft’s plan to invest USD 15.2 bn in the UAE between 2023-2029
Day four of Gitex: AI training, sovereign platforms, and crypto in the spotlight
e& struck partnership agreements with Huawei, Dell, AWS, Intel, and more
Khazna Data Centers lines up USD 2.62 bn in debt from ADCB, FAB to scale at home and abroad
The facility has a 10-year tenor
Khazna to develop 500 MW data center in Italy
Plans will initially include a 500 MW AI data center campus in Italy’s Lombardy region
Abu Dhabi and Dubai take top global spots in data center growth rankings
Khazna Data Centers leads the surge, controlling over 50% of the UAE’s data center market
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