As part of this cooperation, the two parties will explore projects for developing data centers. Saeed Mohammed Al Mohairi, Chairman of the Board of Directors of Gulf Arab Holding Investment, and Mohamed Bahaa El-Din, CEO of Dana Cloud, signed a memorandum of understanding. The agreement, valued at AED 730 million, aims to develop projects for standard data centers using new technologies and next-generation cloud infrastructure across the region. The strategic partnership between the Emirati Gulf Arab Holding Investment and the Korean Dana Cloud will establish a framework for cooperation in enabling modern, AI-ready data centers.
