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0 CommentsA new tremendous data center is set to be built in the Kingdom of Bahrain. The multimillion-dollar main hub in Bahrain will serve all member states of the Arab League, promoting collective digital transformation across the Arab world.
On Sept. 1, The Arab League’s Arab Federation for Digital Economy (AFDE) signed a memorandum of understanding with ATDXT LLC, a digital transformation company based in the UAE, to enable the first-of-its-kind data center, focused on localized data protection, enhanced security, and rendering digital transformation solutions.
The new Bahrain’s main hub will serve all member states of the Arab League. All member countries partaking in the initiative can leverage hosted in Bahrain solutions, focused on supporting both government and private sector entities in Arab League member states to improve the competitiveness of Arab economies and aid their integration into the global economy.
The eco-friendly data center will host advanced technologies and digital transformation solutions, servicing Arab League states. These solutions will include e-commerce, e-government services, cryptocurrency and fintech solutions, telecommunication systems, e-health solutions, transportation solutions, digital identity solutions, anti-crime and cyber security systems, e-agriculture platforms, solar and renewable energy, and other digital business solutions.
The solutions could be extended to and hosted locally in Arab league member nations, such as the UAE, Oman, Saudi Arabia, Kuwait, Morocco, and Jordan – in the first phase, following with other members soon after.
“We are delighted to partner with the Arab League and incubate the first of its many multi-million-dollar regional hubs, in Bahrain,” said GS Murthy, founder & executive chairman, ATDXT Group. “The focus of this initiative will remain to be on digital transformation enablement that will improve competitiveness of the Arab nations, and foster their integration into the global economy. We are confident that our best-in-class skill development initiative, focused on cutting edge technologies, will create immense job opportunities and future technology leaders across the Arab nations.”
Abdullatif bin Rashid Al-Zayani, Bahrain’s Foreign Minister, answered: “I appreciate the ATDXT Group for choosing the Kingdom of Bahrain to be the digital transformation solutions hub, reflecting the excellence of the investment environment in Bahrain and the many facilities they provide to investors. This partnership will enable us to contribute to the transformation of the digital outlook of the countries of the Middle-East and to continue to provide leading services to our citizens, residents, and region as a whole.”
In turn, ambassador Hossam Zaki, assistant secretary-general of the Arab League, added: “The League of Arab States along with the Arab Union is actively promoting the joint Arab strategic vision for the digital economy. I’m confident that this partnership will contribute to strengthening Arab cooperation in the digital world.”
Before, in an interview with Bloomberg, CEO of Bittrex Global Stephen Stonberg also praised the efforts of the UAE authorities to poise a crypto-friendly positioning of the region. Due to the region’s status as a tax haven, Dubai is poised to benefit from the growing cryptocurrency market in the Middle, he said.
Source: https://www.arabnews.com/node/1925061/business-economy
