data centre Archives
CNME Editor Mark Forker managed to secure an exclusive interview with ALEC Data Centre Solutions General Manager Bjorn Viedge, to find out why the construction giant has now decided to create a new subsidiary focused on the burgeoning data centre space – and how its new partnership with innovative startup Submer can take the heat off data centre providers struggling to manage cooling costs in the UAE.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Arabian Business
42 minutes ago
- Arabian Business
Dubai to train 10,000 workers in AI by 2030
Dubai has announced a landmark partnership between the Government Human Resources Department (DGHR) and Dubai AI Campus. The partnership's goal is to train over 10,000 individuals by 2030 and empower the emirate's public and private sector workforce for the age of AI. The Memorandum of Understanding (MoU) focuses on building local capabilities in artificial intelligence and supporting Dubai's transformation into a global hub for innovation and technology, aligned with the Dubai Economic Agenda (D33). Dubai AI training plan The agreement will lead to the development of advanced training programmes, hands-on projects, and mentorship initiatives targeting civil servants, executives, and private sector professionals. A key initiative under this MoU is the 'AI for Civil Service' programme, which aims to equip government employees with generative AI skills to improve public service delivery. Speaking on the initiative, Abdullah Ali bin Zayed Al Falasi, Director-General of DGHR, said: 'Investing in human capital is key to positioning Dubai among the world's top knowledge economies. This collaboration with Dubai AI Campus will equip our workforce to lead in digital transformation and ensure the emirate's long-term competitiveness.' The programme will include real-world AI application training, workshops, seminars, and career mentorships, and will encourage the development of innovative AI-powered solutions evaluated by a panel of experts from DIFC, Udacity, and industry leaders. Abdullah Ali bin Zayed Al Falasi, Director-General of the DGHR, said the partnership will enhance the skills of employees across both public and private sectors and to empowering them to navigate the fast-evolving landscape of digital transformation. He said: 'At DGHR, we consider investing in human capital as a major step towards attaining the vision of our wise leadership in leading the global innovation and technology landscape and positioning Dubai at the forefront of the world's top knowledge economies. 'This collaboration marks a pivotal step in empowering our workforce with skills to drive digital transformation across both public and private sectors with precision and agility. The move will ensure the sustainability of economic and social development and ensure the emirate's competitiveness in different fields. 'In addition, this agreement signifies our unwavering commitment to shaping a prosperous future for the coming generations by equipping them with vital knowledge and technologies and promoting a work environment based on innovation, creativity, and institutional excellence.' The partnership aims to foster cross-sector collaboration, generate high-quality scientific research on AI in HR, and support tech innovation events across Dubai. This strategic move is part of the city's broader push to integrate advanced technologies into the fabric of economic and government operations, and to shape a forward-thinking, knowledge-based economy for future generations.
The National
an hour ago
- The National
Pictures of the week: From camel herders in Abu Dhabi to a Zegna runway show
A recent survey of 10,000 Filipino expatriates in the UAE found that 82 per cent have plans to invest, primarily in property. This is significantly higher than the 2014 poll showing only two out of 10 Filipinos planned to invest. Fifty-five percent said they plan to invest in property, according to the poll conducted by the New Perspective Media Group, organiser of the Philippine Property and Investment Exhibition. Acquiring a franchised business or starting up a small business was preferred by 25 per cent and 15 per cent said they will invest in mutual funds. The rest said they are keen to invest in insurance (3 per cent) and gold (2 per cent). Of the 5,500 respondents who preferred property as their primary investment, 54 per cent said they plan to make the purchase within the next year. Manila was the top location, preferred by 53 per cent.
The National
an hour ago
- The National
UAE Property: ‘Is a ready unit better for investment or off-plan?'
Question: I'm considering buying a second property in Dubai. Is it better to go for a ready unit or an off-plan property as an investment? There are so many options, I could do with some advice. CP, Dubai Answer: Both ready and off-plan properties can be excellent investments. The right choice depends on your risk tolerance, timeframe and cash flow requirements. If your priority is immediate rental income, then a ready property is the better option. You can start earning from day one and the transaction process is straightforward. You also have full visibility of the condition, layout and location of the unit. This is often preferred by first-time or cautious investors. On the other hand, off-plan properties tend to offer better entry prices and more flexible payment plans. Developers frequently launch units at favourable market values to attract early investors. If you're looking for capital appreciation and are comfortable waiting three to four years for the handover, this route can be quite lucrative. However, keep in mind the risks of project delays and market fluctuations. Regardless of which path you take, you should always research the developer's track record. Even if the builder is not a UAE-based developer, check out what they have handed over in their home country. Ensure the development is approved by the Real Estate Regulatory Agency, registered in Oqood and has an escrow account opened in the project's name. Lastly, evaluate the neighbourhood's long-term potential, not just current returns. It is more beneficial to enter a project that is in a neighbourhood with great potential rather than an area that is already established. Look for things that will add value in the long term, such as transport links, Metro, road extensions and amenities. Diversification across different asset types, some ready, some off-plan, can also be a great strategy, especially as Dubai's property market continues to mature. Q: I've been collecting references to support my position that a new landlord cannot use the old landlord's eviction notice (which was given for the reason of selling) to rent the property to another tenant at a higher rate. Can you point me in the direction of some cases that were won in favour of this position, or to any legal advisers who have experience with similar cases? NG, Dubai A: Unfortunately, I do not have access to such documented cases. However, I would like to offer my opinion. Previously, a new landlord could not use an old landlord's eviction notice. But recently judges at the Rental Dispute Settlement Committee have changed their stance on this and now allow the eviction notice to be transferable. However, a landlord is not allowed to evict a tenant to re-let the property to somebody else. The new landlord should offer the outgoing tenant the right to move back in, and only if the tenant refuses to do so can the former go on to let the property to someone else. It's important to note that the tenant should confirm in a notarised document that they do not wish to move back in. Once this document is available, the landlord is free to let it to someone else at the market rate.
