Vertiv expands in the Middle East in another bid against supply chain shortages
Digital infrastructure manufacturer Vertiv (NYSE: VRT) has expanded its factory in Ras Al Khaimah, UAE. The facility supports the development of integrated modular solutions (IMS), low-voltage switchgear, and busway businesses. This new facility is located to cater to the needs of customers i...
January 31
CtrlS to cease being India-centric as plans for global data centre rollout are published
Private-equity-backed Indian data centre operator CtrlS Datacenters Limited said this Sunday that it is planning to foray into several new markets in Southeast Asia and the Middle East. The company confirmed it is actively exploring opportunities in Saudi Arabia, UAE, Bangladesh, Thailand, Malaysia, and Vietnam. Founded in 2007, CtrlS today operates over one million squa...
January 16
Saudi Arabia’s Zain closes $805m tower divestiture
Mobile telecommunication company Zain Saudi Arabia (Zain KSA) (TADAWUL: 7030) has completed a deal to sell a stake in its tower infrastructure for more than SAR3 billion (US$805 million). As part of the transaction, Zain KSA has sold at least 3,000 towers (out of the total of 8,069 towers) to Golden Lattice Investment Company (GLIC), which is owned by the Kingdom’s sovere...
January 12
Google to open cloud region in Kuwait
Alphabet's (NASDAQ: GOOGL) Google Cloud is to open an office in Kuwait followed by a cloud region. The investment has been announced by Kuwaiti Minister of Commerce and Industry Mazen Al-Nahedh, who said the new cloud location will the country’s digital infrastructure segment. The cloud region, which usually comes in the shape of a multi-hundred million Dollar investme...
January 11
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