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United Arab Emirates

Oracle opens new cloud regions in APAC and Middle East

Oracle (NYSE: ORCL) has added extra regions to its infrastructure footprint to support growing demand for enterprise cloud services. In APAC, the operator has opened the Oracle Cloud Singapore Region to serve the South East Asia market. The company has also announced the offering to 100 startups of US$30,000 each in Oracle Cloud credits over the next two years. The cloud...

November 10

UAE telco EITC Q3 revenues hit $782m as data centre portfolio grows

Emirates Integrated Telecommunications Company’s (EITC) has reported a 6.9% year-on-year (YoY) revenue growth for Q3 2021 as sales reached AED2,874 million (US$782 million). However, EBITDA retreated by 4.9% YoY to AED1,100 million and net profit declined 7.1% to AED283 million. The company said the drop in profit was due to its “ambitious investment programme” and...

October 21

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