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Zain KSA’s board of directors has approved the binding offer submitted by the Kingdom’s Public Investment Fund (PIF) led consortium to acquire a 80% majority stake in the telco’s 8,069 passive tower infrastructure for a value of SAR 3.026 billion (USD 807 million).

Read more: Zain KSA approves SAR 3 billion tower deal with PIF-led consortium

TAWAL, the leading Saudi ICT infrastructure company and one of stc Group subsidiaries, has announced its entry into Pakistan’s market via a full acquisition of Awal Telecom. The move, which is TAWAL’s first foray outside Saudi Arabia, is an initial step in the company’s international expansion roadmap.

Read more: stc’s TAWAL expands reach with Pakistan’s AWAL acquisition

Gulf Bridge International (GBI), a global cloud, connectivity and content enabler, is deploying Ciena’s GeoMesh Extreme, powered by WaveLogic 5 Extreme, to increase GBI’s smart network capacity and performance. This upgrade will help GBI meet the demanding internet traffic requirements between the gulf cooperation council (GCC) countries, Europe and India. This will also help prepare the region for major upcoming sporting events – including the world’s largest football competition – in Qatar and the wider region.

Read more: GBI boosts submarine network performance with Ciena’s GeoMesh Extreme

On the sideline of LEAP, stc announced the launch of its initiative to establish a major digital hub “MENA Hub” for the Middle East and North Africa with an investment of $1 billion. This ensures the leading position of KSA across the ICT sector and stc’s role as leading player in the region, aiming to enable the Kingdom's economy growth and gross domestic product.

Read more: stc launches $1 bln MENA Hub to enable KSA’s economy growth

Steven Yi, president of Huawei Middle East & Africa, and HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), have broken ground the first phase of the largest solar-powered data center in the Middle East and Africa.

Read more: Huawei, DEWA pioneer the largest solar-powered data center in MEA

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