InfraX, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), has signed a Memorandum of Understanding (MoU) with Aurum Equity Partners, a California-based Private Equity Firm specializing in Environmental, social, and governance, ESG – First, Digital Infrastructure Asset Class. The MoU was signed at GITEX 2024, taking place from October 14th to 18th at the Dubai World Trade Center.
As 5G deployments accelerate across the MENA region, the demand for smart, secure, and AI-enabled data centers is rising. This initiative will support next-generation applications such as Connected Cars, Smart Cities, and Blockchain-based DeFi, which require a new approach to data center design, from far edge to near edge, with emphasis on end-to-end security and energy efficiency.
This ESG-centric approach to AI edge computing infrastructure development is expected to set new standards in the industry, promoting responsible tech adoption and supporting the UAE’s ambitious digital transformation and sustainability objectives.
