Oracle plans to significantly boost its investment in Abu Dhabi as it seeks to cater to the growing demand for artificial intelligence and cloud services in the UAE.
“To meet strong demand for Oracle Cloud in the UAE, we are making a 5X investment in the Abu Dhabi region,” Nick Redshaw, the company's senior vice president for technology cloud and UAE country leader, said on Wednesday.
Oracle operates two cloud regions in the UAE, in Abu Dhabi and Dubai. The company, which is hosting Oracle CloudWorld in Dubai on Wednesday, did not disclose details about the amount being invested.
The adoption of AI and cloud services has continued to grow in the Middle East driven by government efforts to develop the future economy as well as a surge in young consumers and an evolving digital landscape.
This has given global cloud providers an incentive to expand in the region. Apart from Oracle, global companies including Microsoft, Amazon, IBM and Alibaba Cloud have all opened cloud and data centres in the Middle East.
Last week, global private equity company KKR and Gulf Data Hub said they were teaming up to invest more than $5 billion to boost the Dubai company's data centre infrastructure in the Gulf. It will be KKR's first such investment in the region, with the company also acquiring a stake in GDH for an undisclosed amount.
Meanwhile, Abu Dhabi's Khazna Data Centres is building a 100-megawatt data centre in Ajman. The site will be the company's biggest in the Emirates, and is expected to more than double capacity to 850MW by 2029 from about 360MW in 2024, chief executive Hassan Al Naqbi told The National last year.
Oracle has 11 cloud regions in the Middle East and Africa that are live, including in Dubai, Abu Dhabi, Riyadh, Jeddah, Johannesburg and Jerusalem, with 14 more “that are coming online”. This includes public cloud regions and those operated by individual customers directly. It previously revealed plans to open one at Neom, the $500 billion high-tech megacity in Saudi Arabia, with the company confirming last year that it would come up “soon”. Globally, Oracle has 171 cloud regions.
A cloud region is a geographic area that is the location of a cloud data centre, which is a physical building that houses IT infrastructure used for running applications and related services, and for managing and storing associated data.
“There's plenty of people playing in this sphere … and we partner and we compete,” Mr Redshaw told The National.
“Five years ago would have been different. Now it's a huge market. It's co-operative or 'co-opetition', that we're all going to work together, and there will be areas where we compete. So that's the ecosystem that we're working in. The good news is there's huge demand, there's huge investment. Customers need the capability. So we all work together.”
Oracle is also teaming up with Beyon Solutions, part of the Bahraini technology company Beyon group, to open a sovereign cloud region in Bahrain to meet the growing demand for cloud, AI and application services.
“As governments and public sector organisations become increasingly dependent on cloud-based technologies for their operations, the concept of sovereign cloud capability is emerging as a critical pillar to ensure national security, data privacy, and digital sovereignty,” Mr Redshaw said.
Sovereign cloud capability refers to a country's ability to maintain control over its data by ensuring that cloud services are hosted within its borders and are subject to local laws and regulations.
“I don't think there's a government in the world who isn't concerned about protection of data, data residency and so on,” Mr Redshaw said.
“We see that everywhere, every customer, every government, is concerned about data security, cyber security and everything else. So do we see demand for that ability? Absolutely.”
In the UAE, telecoms provider du uses Oracle’s cloud Infrastructure to offer sovereign AI services to governments in Dubai and the Northern Emirates.
Oracle also said it will train and certify 350,000 people across the UAE, Saudi Arabia, Egypt, Oman, Bahrain, Qatar, Morocco, Kuwait and Jordan in the most in-demand technologies to help meet demand for the Oracle Cloud in the Middle East.
The programme will be delivered as a digitally through Oracle MyLearn, Oracle University's training platform.
Tax authority targets shisha levy evasion
The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.
Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".
The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.
He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.
"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.
As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.
MWTC info
Tickets to the MWTC range from Dh100 and can be purchased from www.ticketmaster.ae or by calling 800 86 823 from within the UAE or 971 4 366 2289 from outside the country and all Virgin Megastores. Fans looking to attend all three days of the MWTC can avail of a special 20 percent discount on ticket prices.
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Indoor Cricket World Cup Dubai 2017
Venue Insportz, Dubai; Admission Free
Day 1 fixtures (Saturday)
Men 1.45pm, Malaysia v Australia (Court 1); Singapore v India (Court 2); UAE v New Zealand (Court 3); South Africa v Sri Lanka (Court 4)
Women Noon, New Zealand v South Africa (Court 3); England v UAE (Court 4); 5.15pm, Australia v UAE (Court 3); England v New Zealand (Court 4)
All or Nothing
Amazon Prime
Four stars
More on animal trafficking
Venom
Director: Ruben Fleischer
Cast: Tom Hardy, Michelle Williams, Riz Ahmed
Rating: 1.5/5
Bio:
Favourite Quote: Prophet Mohammad's quotes There is reward for kindness to every living thing and A good man treats women with honour
Favourite Hobby: Serving poor people
Favourite Book: The Alchemist by Paulo Coelho
Favourite food: Fish and vegetables
Favourite place to visit: London
Tree of Hell
Starring: Raed Zeno, Hadi Awada, Dr Mohammad Abdalla
Director: Raed Zeno
Rating: 4/5
UK-EU trade at a glance
EU fishing vessels guaranteed access to UK waters for 12 years
Co-operation on security initiatives and procurement of defence products
Youth experience scheme to work, study or volunteer in UK and EU countries
Smoother border management with use of e-gates
Cutting red tape on import and export of food
CREW
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What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
- All aspects of post-production.
- Emerging technologies and VFX with AI and CGI.
- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
The biog
Name: Fareed Lafta
Age: 40
From: Baghdad, Iraq
Mission: Promote world peace
Favourite poet: Al Mutanabbi
Role models: His parents
About Karol Nawrocki
• Supports military aid for Ukraine, unlike other eurosceptic leaders, but he will oppose its membership in western alliances.
• A nationalist, his campaign slogan was Poland First. "Let's help others, but let's take care of our own citizens first," he said on social media in April.
• Cultivates tough-guy image, posting videos of himself at shooting ranges and in boxing rings.
• Met Donald Trump at the White House and received his backing.
Voices: How A Great Singer Can Change Your Life
Nick Coleman
Jonathan Cape
MATCH INFO
Fixture: Ukraine v Portugal, Monday, 10.45pm (UAE)
TV: BeIN Sports
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Analysis
Maros Sefcovic is juggling multiple international trade agreement files, but his message was clear when he spoke to The National on Wednesday.
The EU-UAE bilateral trade deal will be finalised soon, he said. It is in everyone’s interests to do so. Both sides want to move quickly and are in alignment. He said the UAE is a very important partner for the EU. It’s full speed ahead - and with some lofty ambitions - on the road to a free trade agreement.
We also talked about US-EU tariffs. He answered that both sides need to talk more and more often, but he is prepared to defend Europe's position and said diplomacy should be a guiding principle through the current moment.
Why your domicile status is important
Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.
Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born.
UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.
A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.
UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
The currency conundrum
Russ Mould, investment director at online trading platform AJ Bell, says almost every major currency has challenges right now. “The US has a huge budget deficit, the euro faces political friction and poor growth, sterling is bogged down by Brexit, China’s renminbi is hit by debt fears while slowing Chinese growth is hurting commodity exporters like Australia and Canada.”
Most countries now actively want a weak currency to make their exports more competitive. “China seems happy to let the renminbi drift lower, the Swiss are still running quantitative easing at full tilt and central bankers everywhere are actively talking down their currencies or offering only limited support," says Mr Mould.
This is a race to the bottom, and everybody wants to be a winner.
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
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Killing of Qassem Suleimani
APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps
Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
If you go...
Fly from Dubai or Abu Dhabi to Chiang Mai in Thailand, via Bangkok, before taking a five-hour bus ride across the Laos border to Huay Xai. The land border crossing at Huay Xai is a well-trodden route, meaning entry is swift, though travellers should be aware of visa requirements for both countries.
Flights from Dubai start at Dh4,000 return with Emirates, while Etihad flights from Abu Dhabi start at Dh2,000. Local buses can be booked in Chiang Mai from around Dh50
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COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
The specs: 2018 Nissan 370Z Nismo
The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
Fuel consumption, combined: 10.5L / 100km
UAE currency: the story behind the money in your pockets
