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.
Oman’s Road Network Is Longer Than Those of These 10 Countries
Diamond Market Set to Double by 2034 as AI’s Heat Problem Fuels Demand
Wi-Fi at 35,000 Feet: The Real Economics of Installing Starlink on an Airline
Oman’s state revenues rise 13% by end of Q2 2026
The India–Australia Uranium agreement will fuel the future
Talabat Appoints Abdulaziz Al Haddad as General Manager to Lead tMart Oman
Al Mar’a Magazine July 2026
Alam Al-Iktisaad Magazine July 2026 Edition
OER Magazine July Edition 2026
Sohar Aluminium and OMIFCO support construction of investment building for Al Rahma Association
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
Hospitality Industry in Oman Estimated 90% Growth in 2022
Renewables are booming, but not fast enough to cap greenhouse emissions
Retail Abu Dhabi’s ‘Unbox Amazing’ generates sales of more than AED 2 billion in participating stores
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
Mayan Al Asfoor on Leadership, Legacy and Empowering Omani Talent
LEADERSPEAK: Dhofar Insurance CEO Sunil Kohli on Oman’s Insurance Sector, Reinsurance & Market Outlook
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
-
News2 months agoINVESTIGATION: Why Nokia Could Matter More in the Quantum Age Than It Ever Did in Mobile
-
News2 months agoINVESTIGATION: Is AI in a Bubble? Inside the Trillion-Dollar Question Reshaping Global Markets
-
News2 months agoThales & Ankaa to Deliver Multi-Mission Air Traffic Surveillance Radars for Oman, Capable of Supporting Civil & Military Operations
-
Economy2 months agoWhat Higher Oil Prices Mean for Oman’s Economy in 2026
-
Economy2 months agoOMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price
-
Business2 months agoOman India Fertiliser Company Lists on Muscat Stock Exchange
-
Insurance2 months agoLEADERSPEAK: Dhofar Insurance CEO Sunil Kohli on Oman’s Insurance Sector, Reinsurance & Market Outlook
-
Banking & Finance1 month agoBank Muscat posts net profit of RO137.49 million in H1 2026