News

GITEX GLOBAL 2024 Hosts MENA’s Largest Data Center Forum

The conference highlighted innovations in AI-driven infrastructure, job creation, and sustainable practices.

Published

2 years ago

October 18, 2024

gitex global 2024 hosts mena's largest data center forum

GITEX GLOBAL 2024, recognized as the world’s premier tech and startup gathering, hosted the largest data center event in the Middle East on Thursday at the Dubai World Trade Centre (DWTC). The event showcased the region’s ambition to solidify its leadership in the rapidly growing global data center industry.

The conference spotlighted the significant role of artificial intelligence (AI) in transforming data infrastructure. Leading enterprises offered attendees a glimpse into cutting-edge innovations, setting the stage for the future of hyperscale, modular, and edge data centers.

The “Data Centres Universe” segment of the event focused on how growth is being achieved within the sector. Key players such as Khazna, Legrand, Vertiv, Alibaba Cloud, AWS, DELL, Google Cloud, IBM, and Lenovo gathered to share insights on the industry’s trajectory. They explored strategies for accelerating growth and highlighted the role of expanding data centers in fostering AI-powered innovation.

During a panel discussion, Hassan Al Naqbi, CEO of Khazna Data Centers, emphasized that the development of data centers not only fuels market growth but also drives talent development and job creation. Al Naqbi dispelled the misconception that data centers are not job generators, stating: “Data centers are vital for economies and have different roles involved. If you look at all the hyperscales, their data centers are having a huge impact on the economy as people can secure jobs which are vital for the day-to-day operations”.

The conversation also shifted to the future, with industry experts stressing the importance of sustainability in their expansion as next-generation technologies and services continue to evolve.

Also Read: Dubai Police Launch New Smart Home Security System

Marc Marazzi, Vice President of Legrand Data Center Solutions, shared his thoughts on the need for thoughtful planning in the rapidly expanding sector. He stressed the importance of balancing growth with environmental responsibility, noting: “Today, [data centers] are bigger than ever before and being built faster, but we must not lose sight of the importance of how we manufacture, what we are installing, and how they are managed”.

The hugely successful GITEX GLOBAL 2024 concludes today with Futuristic Friday, showcasing breakthrough technologies including quantum computing, advanced robotics, and space tech.

News

Visa’s Return To Syria Starts With A Test And A Bank In Lebanon

Foreign visitors will be the first users to benefit, but whether Syria’s own banks and cardholders follow is still an open question.

Published

2 weeks ago

August 27, 2026

Dana Saadeh

visa's return to syria starts with a test and a bank in lebanon

Visa is returning to Syria. Its first live international card transaction in the country was a test rather than a launch, and the milestone event ran through a Lebanese bank.

The acquirer (the bank on the merchant’s side of a card payment) was Fransabank Lebanon, with Paymera as the other named partner. Nadim Moujaes, who heads a Fransabank Group subsidiary, describes the test as both the culmination of “longstanding efforts to link Syria back to international payment networks” and “the first step in a larger path”.

Syrian President Ahmed Al-Sharaa makes the first electronic payment in Syria using a @Visa card at a store in Damascus, following the lifting of US sanctions on Syria. pic.twitter.com/lpAN7nQ6Fc

— Tech Magazine (@TechMGZN) August 27, 2026

“We are excited to have successfully tested live transactions today as we plan to enable international visitors to use their Visa cards while in Syria,” says Leila Serhan, Visa’s senior vice president and group country manager for the North Africa, Levant and Pakistan region. Although a significant first step, that plan doesn’t come with a hard date for when a visitor’s card will work normally.

Mohammed Safwat Raslan, governor of the Central Bank of Syria, says the test paves the way for international card acceptance in Syria and that maintaining strong compliance, risk management and operational controls will remain essential. Serhan likewise stresses that Visa has worked within applicable legal, regulatory and compliance requirements. For a test transaction, it seems there was a great deal of attention paid to the rules, with the entire operation being carefully managed.

Also Read: Lebanon’s 5G Era Begins With 150 Stations And A $1M Budget

The test is the latest step in a sequence that began in December 2025, when Visa announced a strategic roadmap to support Syria’s integration into the global digital economy. In February 2026 it hosted its first industry gathering of banks, ecosystem partners and policymakers in Damascus and, the same month, signed an agreement with Syria’s Ministry of Communications and Information Technology in San Francisco.

Michel Kattouah, Paymera’s CEO, called the test “the return of international card acceptance,” but while that’s positive news, there’s no word yet on when a Syrian bank will issue a Visa card to a Syrian customer.