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Egypt is moving to consolidate its digital transformation push at the highest levels of government, with three key ministries coordinating plans for a new round of agreements with major global technology companies. Minister of Communications and Information Technology Raafat Hindy, Minister of Planning and Economic Development Ahmed Rostom, and Deputy Minister of Finance for Fiscal…

JLL's newly released 2026 Global Data Center Market Outlook puts hard numbers on what the industry has been calling an "AI infrastructure supercycle," and the figures are staggering. The report projects nearly 100 gigawatts of new data center capacity coming online between 2026 and 2030, effectively doubling global capacity over a five-year window. The sector…

Q1 2026 earnings revealed an extraordinary scale of AI infrastructure spending by US technology giants. Alphabet, Meta, Microsoft, and Amazon collectively reported more than 130 billion dollars in capital expenditures for the quarter alone, with full-year guidance now pointing toward up to 725 billion dollars across the four companies. Microsoft issued first-ever 2026 capex guidance…

Egyptian fintech startup Kiwe received final approval from the Central Bank of Egypt on April 26 to launch its app and card in the local market, signaling a new chapter in Egypt's increasingly mature fintech ecosystem. Built in partnership with Banque Misr, VISA, Meeza, and ModuPay, Kiwe combines international payment rails with local banking infrastructure. The…

A new market report released April 29 projects that the Middle East and Africa data center colocation market will grow 28.5 percent in 2026 alone, reaching 4.9 billion dollars this year and 11.1 billion dollars by 2030. The growth is driven almost entirely by AI workloads, hyperscaler expansions, and government-backed sovereign cloud strategies. In the Gulf,…

Saudi Arabia has formally designated 2026 as its Year of Artificial Intelligence, a Cabinet-level move that crystallizes years of investment under Vision 2030. The Saudi Data and Artificial Intelligence Authority (SDAIA) unveiled an official logo featuring a green palm tree and the letters 'AI' in blue, symbolizing the marriage of national heritage and digital progression.…