Latest news with #HamdanbinMohammedbinRashidal-Maktoum
CairoScene
23-04-2025
- Business
- CairoScene
Microsoft Signs Deal for $544 Million Hyperscale Data Centre in Dubai
Emirates Integrated Telecommunications and Microsoft sealed a hyperscale data centre deal during Dubai AI Week. Apr 23, 2025 Dubai's Emirates Integrated Telecommunications Company (du) has entered a Dhs 2 billion deal ($544.5 million) with Microsoft to build a hyperscale data centre in the city. The agreement, confirmed by Dubai's Crown Prince Sheikh Hamdan bin Mohammed bin Rashid al-Maktoum, was finalised during the ongoing Dubai AI Week. The deal is expected to develop the UAE's data infrastructure, as hyperscale data centers are crucial for supporting advanced technologies such as artificial intelligence. Hyperscale data centers are designed to handle vast amounts of data, offering high-performance computing and cloud services to businesses in various industries. As cloud services and AI demand continue to grow, data centres have become vital hubs for the region's digital transformation.
Economic Times
22-04-2025
- Business
- Economic Times
Dubai's du signs 2 billion dirhams hyperscale data center deal with Microsoft
During Dubai AI Week, Emirates Integrated Telecommunications Company (du) signed a 2 billion dirham deal with Microsoft to establish a hyperscale data center. Announced by Crown Prince Sheikh Hamdan, the partnership highlights Dubai's push to become a global AI and digital hub, supporting advanced cloud and AI infrastructure development. Tired of too many ads? Remove Ads The Emirates Integrated Telecommunications Company PJSC (du) signed a 2 billion dirham hyperscale data center deal with Microsoft Dubai 's Crown Prince Sheikh Hamdan bin Mohammed bin Rashid al-Maktoum said in a post on X on deal was signed during Dubai AI Week.
Zawya
22-04-2025
- Business
- Zawya
Dubai's du signs $544.5mln hyperscale data center deal with Microsoft
The Emirates Integrated Telecommunications Company PJSC (du) signed a 2 billion dirham hyperscale data center deal with Microsoft , Dubai's Crown Prince Sheikh Hamdan bin Mohammed bin Rashid al-Maktoum said in a post on X on Tuesday. The deal was signed during Dubai AI Week. (Reporting by Elwely Elwelly, Writing by Menna Alaa El-Din Editing by Tomasz Janowski)
Time of India
22-04-2025
- Business
- Time of India
Dubai's du signs 2 billion dirhams hyperscale data center deal with Microsoft
The Emirates Integrated Telecommunications Company PJSC (du) signed a 2 billion dirham hyperscale data center deal with Microsoft , Dubai 's Crown Prince Sheikh Hamdan bin Mohammed bin Rashid al-Maktoum said in a post on X on Tuesday. The deal was signed during Dubai AI Week. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories
LBCI
14-02-2025
- Business
- LBCI
Dubai signs deal for Dubai Loop project with Elon Musk infrastructure firm
Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid al-Maktoum on Friday signed an agreement for construction of the Dubai Loop project with Elon Musk's infrastructure firm the Boring Company, Dubai Media Office said in a statement. The project between the Roads and Transport Authority and Musk's company has a capacity of 160,000 passengers per hour and a track length that exceeds 100 kilometers (62 miles), the statement said. The Dubai Loop is a high-speed transportation network. Reuters
