"Schneider Electric" specializes up to 25% of its investments for data centers
The company “Schneider Electric” has dedicated between 15% and 25% of its investments to data centers to meet the high demand for energy and cooling, amid a rising momentum to create many of these centers in the Persian Gulf, according to Walid Sheta, president of “Schneider Electric” in the midst. He added in an interview with “Al -Sharq” that his business has many artificial intelligence projects and cloud computing centers in the Arab Gulf states and the region, explaining that Saudi Arabia, the Emirates, Kuwait and Egypt are strongly interfered with, which requires specialized data centers that require “great” energy. A momentum in Saudi Arabia and the UAE The UAE and Saudi Arabia focus on strengthening the role of artificial intelligence data in their strategies to diversify the economy, as part of their effort to build servers and build storage facilities for advanced segments. In Saudi Arabia, the New Saudi AI business, “Hummeen”, last month launched the work of establishing its first data centers in the kingdom, with plans to operate it in the early 2026. The Emirati “Treasury” business, which specializes in the development of data centers and its services to enterprises, plans to hassan in Saudi Arabia and Eggypt, along with Turkey and Keny, al -NAVQBI for “Al Sharq. Saudi Arabia, as well as the developers of the technology in the region, such as the Emirati Tournament and the Saudi Company (STC) and others.