Economy
du to sell 26 pct stake in Khazna Data Center
(WAM) — The board of directors of the Emirates Integrated Telecommunications Company, du, has agreed to sell 26 percent indirect stake in Khazna Data Center to the Technology Holding Co., the company said in a statement published on the Dubai Financial Market’s website today.
“The company’s board has further approved the delegation to the management to conclude the transaction,” du added in the statement.
The approval was made during the board’s meeting on Tuesday. Khazna was founded in 2012, and has quickly established itself as a trusted brand in the wholesale data center space.
Ominvest and Bait Al Zubair Launch “Future Frames” to Empower Youth through Art and AI
Ms. Noor Saldin, Founder of Modern Generation International School, Wins Woman of the Year 2025; School Honored for Empowering Future Female Leaders
Al Mouj Muscat Unveils Azura Beach Residences Phase 2: A New Chapter in Waterfront Living
Where Heritage Meets Haute Couture: Al Sadaa Haute Couture Transforms the Sultanate’s Fashion Scene
Liva Insurance CEO Hanaa Al Hinai Inspires with Visionary Message at CBFS Omani Women’s Day Celebration
Changan Oman Celebrates Five Years of Success with Exclusive Anniversary Offer
KitchenomiKs Secures Investment of US$3.2M Led by Jasoor Ventures
WLGA Middle East LPG Summit & Expo 2025 to be held at OCEC on November 10 and 11
Sindbad: The Omani Sailor, World Premieres at the Royal Opera House Muscat
Oman Arab Bank Highlights Its Ongoing Strategic Initiatives and Future Plans
Power And Beyond: The Path To A Low-carbon Future
Al Mouj Muscat unveils Ghadeer Villas
Time to Buy Saudi Stocks? Some Investors Look at Dubai Instead
Retail Abu Dhabi’s ‘Unbox Amazing’ generates sales of more than AED 2 billion in participating stores
Renewables are booming, but not fast enough to cap greenhouse emissions
Hospitality Industry in Oman Estimated 90% Growth in 2022
Saudis Sign Deals From Energy to Metals in Bid to Salvage Forum
Saudi Arabia’s Gold Miner Plans to Be a Global Top-20 Supplier
Technology to drive Sultanate’s downstream industry
Digitization and Logistics Service Providers Can Help SMEs Make the Most of Peak Season Retail Trends
VIDEO: Robert MacLean on how NHI is Shaping Oman’s Next Generation of Hospitality Leaders
The Future of Oman: Decoding The Sultanate of Oman’s Strategic Promotional Nation Brand
EXCLUSIVE: AI, Robotics & Wearable Sensors are Changing the Lives of Dementia Patients
EXCLUSIVE: Talking Renewable Projects & Sustainability in Oman and Beyond with Vipul Tuli
VIDEO: Eng. Salim Al Thuhli, CEO, Khazaen Economic City on Investment Opportunities
H.E. Salim Al Aufi, Minister of Energy & Minerals talks about Oman’s Green Hydrogen Goals
VIDEO: Talking Latest Developments in Aircraft Ground Guidance & More at Oman Airports
VIDEO: Dr. Firas Al-Abduwani Discusses Green Hydrogen, Potential Regions for Development & Creating a Green Ecosystem
VIDEO: Discussing The Future of Green Hydrogen in Oman with H.E. Salim Al Aufi
Celebrating Infoline’s Remarkable 20-Year Journey
-
Dossier2 months agoDossier Construction Awards 2025 Celebrates Pioneers in Construction, Infrastructure and Real Estate
-
Arts and Culture2 months agoROHM To Premiere Arabic-Language Grand Opera – ‘Sindbad: The Omani Sailor,’ on Oct 3 and 5
-
News2 weeks agoKitchenomiKs Secures Investment of US$3.2M Led by Jasoor Ventures
-
Insurance1 month agoLiva Insurance Sweeps Three Major Wins at Alam Al-Iktisaad Awards 2025
-
Magazines3 weeks agoOER – September 2025 Issue
-
News3 weeks agoCent Capital, AI Finance App by ex-AWS Strategist ‘The Beast of Bay Area,’ Launches to End Financial Anxiety, Hits $1M AUM
-
News3 weeks agoIEA Expects Global Oil Market to Remain Oversupplied in 2026
-
Healthcare1 month agoWassan Dental Centre’s Expanded State-Of-The-Art Facility Opens In Muscat