The electricity demand for the US data centres, which reportedly accounted for 20 GW to 25 GW of hourly average demand, or 4% to 5% of Read More
Mastercard, noon Bring Payment Passkey Service to Middle East
Making further inroads into the region’s e-commerce sector, Mastercard has partnered with noon Payments, one of the biggest payment service providers Read More
Permira Completes Acquisition of Squarespace
Six months after entering into the deal, Permira, the London-based global investment firm, on Thursday announced the completion of its funds’ acquisition Read More
AustraliaSuper Invests $1.5 Billion in US-Based DataBank
DataBank, a leading provider of enterprise-class edge colocation, interconnection, and managed services in the US, has announced a $2 billion equity raise led Read More
Deloitte and Liferay to Deliver Future-ready Digital Experiences
Deloitte Middle East and Liferay, a leading provider of digital experience platform (DXP) solutions, on Thursday announced that they have formed a Read More
DTC Ink Pact with Bolt to Launch e-Hailing Platform
Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, on Monday announced that it has signed a strategic Read More
Klarna, the AI-powered global payments network and shopping assistant, on Tuesday announced that it has reached a significant growth milestone by adding Read More
Presight Intelli Platform Launched at GITEX 2024
Presight, the region’s leading big data analytics company powered by Generative Artificial Intelligence (GenAI), on Monday launched the Presight Intelli Platform, Read More
Saudi Arabia Making Rapid Strides in Artificial Intelligence
Marking a 17-rank improvement out of 83 countries, Saudi Arabia has advanced to 14th place globally and first in the Arab world in Read More
Blue Owl Buys IPI Partners’ Digital Infra Fund
Data centre financing received a fillip with leading alternative asset manager Blue Owl Capital Inc., has entered signed an agreement to acquire Read More