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United Arab Emirates Data Center Market Investment Analysis Report 2023-2029: Opportunities in IT, Electrical, Mechanical Infrastructure, General Construction, and Tier Standards

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DUBLIN, Feb. 28, 2024 /PRNewswire/ — The “United Arab Emirates Data Center Market – Investment Analysis & Growth Opportunities 2024-2029” report has been added to  ResearchAndMarkets.com’s offering.

The UAE data center market was valued at USD 1.50 Billion in 2023 and is expected to reach a value of $2.65 billion in 2029, growing at a CAGR of 9.95% from 2023-2029

This report analyses the UAE data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments.

The UAE has about 31 operational colocation data centers. Most colocation data centers are being developed according to Tier III standards. For instance, Khazna Data Centers’ DXB8 facility is built to Uptime Tier III standards. Khazna Data Centers is among the top and largest data center operators in the UAE data center market. They are the first in the region to adopt biofuel and do a test run for their facilities’ generators.

Equinix is among the global colocation operators in the country that currently has its own DX1 and DX3 facilities in Dubai and has collocated two other facilities, DX2 in Dubai and AD1 in Abu Dhabi in Khazna Data Centers. The UAE data center industry is also witnessing significant improvements in submarine and inland connectivity. For example, the FLAG Europe-Asia (FEA) is the biggest one spread across almost 17,400 miles, with Global Cloud Xchange as its owner, and has landing points in several regions in China, Egypt, Italy, Saudi Arabia, India, the UK, and other countries.

Some of the key colocation investors in the UAE data center market in 2023 are Gulf Data Hub, Khazna Data Centers, Moro Hub, Equinix, and others. In February 2023, Moro Hob, the Dubai Electricity and Water Authority (DEWA) subsidiary, announced the launch of the world’s largest solar-powered data center in Dubai in the UAE. Khazna Data Centers has merged with Etisalat and G42 to become one of the largest colocation operators in the country.

The Gulf Data Hub is also among the major operators in the UAE data center market. The company is currently developing several new data center facilities and has planned additional data centers across Dubai and Abu Dhabi. EDGNEX Data Centres by DAMAC and Quantum Switch Tamasuk are two of the new entrants in the UAE data center market that have planned to develop several new facilities across the country. Significant deployment and adoption of 5G services, along with the development of smart cities across the UAE, has been fuelling data traffic and bolstering the growth of the UAE data center market.

WHY SHOULD YOU BUY THIS RESEARCH?

Market size is available regarding investment, area, power capacity, and UAE colocation market revenue.An assessment of the data center investment in UAE by colocation, hyperscale, and enterprise operators.Investments in the area (square feet) and power capacity (MW) across cities in the country.A detailed study of the existing UAE data center market landscape, an in-depth industry analysis, and insightful predictions about market size during the forecast period.Snapshot of existing and upcoming third-party data center facilities in UAE:I. Facilities Covered (Existing): 31II. Facilities Identified (Upcoming): 25III. Coverage: 5 CitiesIV. Existing vs. Upcoming (Area)V. Existing vs. Upcoming (IT Load Capacity)Data Center Colocation Market in UAE:I. Colocation Market Revenue & Forecast (2023-2029)II. Retail Colocation Revenue (2023-2029)III. Retail Colocation PricingThe UAE data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the market.A transparent research methodology and the analysis of the demand and supply aspects of the market.

KEY QUESTIONS ANSWERED

How big is the UAE data center market?How much MW of power capacity will be added across the UAE during 2024-2029?What is the growth rate of the UAE data center market?What factors are driving the UAE data center market?Which cities are included in the UAE center market report?

VENDOR LANDSCAPE

IT Infrastructure Providers

Arista NetworksAtosCisco SystemsDell TechnologiesHewlett Packard EnterpriseHuawei TechnologiesIBMLenovoNetApp

Data Center Construction Contractors & Sub-Contractors

AESGAldar PropertiesALEC Engineering and ContractingArcadisArupASUBG&EBlack & White EngineeringCadd EmiratesCondor GroupCore EmiratesDC PRO EngineeringDct-gulf (Data Center Technologies)Edarat GroupGroup AMANAHHM Building ContractingJames L WilliamsJohn Paul ConstructionLaing O’RourkeLaith Electra MechanicalLinesightM+W GroupmCritical Infrastructure ConsultingMcLaren Construction GroupMeinhardt GroupMiddle East Modern ArchitectureRaghav ContractingRed EngineeringRider Levett BucknallRW ArmstrongSite & Power DKSTS GroupSudlows ConsultingSyska Hennessy GroupTelal Engineering & ContractingTurner & Townsend

Support Infrastructure Providers

ABBAiredaleAlfa LavalCaterpillarChatsworth ProductsCumminsDelta ElectronicsEatonEnvicoolJohnson ControlsLegrandRittalRolls-RoyceSchneider ElectricSiemensSTULZVertiv

Data Center Investors

CtrlS DatacentersEquinixCore42Khazna Data CentersGulf Data HubMoro HubPacific Controls

New Entrants

EDGNEX Data Centres by DAMACQuantum Switch Tamasuk

For more information about this report visit https://www.researchandmarkets.com/r/870urr

About ResearchAndMarkets.com
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SOURCE Research and Markets

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Lexar Launches the Professional SILVER GO microSDXC™ UHS-I Card

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V30 rating provides seamless 4K 60fps recording

SAN JOSE, Calif., Oct. 22, 2026 /PRNewswire-PRWeb/ — Lexar, a global leader in memory and storage, today announced the new Lexar® Professional SILVER GO microSDXC™ UHS-I Card, a versatile storage solution designed for videographers, gamers and creators who need reliable, high-performance storage across their favorite portable devices with microSD slots. Combining fast data transfers, support for high-quality video capture and durable construction, the new card helps users spend less time managing storage and more time creating and capturing their next adventure.

“Gamers and creators are pushing their hardware harder than ever, from massive game libraries to hours of 4K footage. We designed the Lexar SILVER GO so their storage is never the thing holding them back.”

“Gamers and creators are pushing their hardware harder than ever, from massive game libraries to hours of 4K footage. We designed the Lexar SILVER GO so their storage is never the thing holding them back,” said Lizette Lynch, Director of Brand Marketing at Lexar North America. “With a combination of fast transfers, reliable performance and rugged durability, the SILVER GO gives users the speed and storage they need to capture, create and play with confidence.”

The Lexar SILVER GO microSD Card offers top-notch performance of max read speeds of 250MB/s and max write speeds of 180MB/s1. Users can reach max transfer speeds when pairing the cards with the Lexar microSD/SD Reader. With a V30 Video Speed Class rating, the Lexar SILVER GO microSD Card delivers smooth, uninterrupted 4K 60fps Ultra HD recording and keeps pace with rapid-fire burst shooting. The Lexar SILVER GO microSD Card is optimized for action cameras, drones and handheld consoles including DJI, Insta360, GoPro, Nintendo Switch, and Steam Deck2, to name a few.

Available in capacities 64GB-512GB, the SILVER GO microSDXC is built for durability, with features such as IPX7 waterproof, wearproof, drop-proof, temperature-proof, X-ray-proof, shockproof, magnetic-proof, and vibration resistance. The free Lexar Recovery Tool gives users peace of mind, helping users attempt to recover accidentally deleted files. Separately, Lexar products are backed by a limited lifetime warranty, subject to applicable terms and conditions.

The Lexar SILVER GO microSDXC is available through Amazon, with the 512GB available at an MSRP of $144.99, 256GB available at an MSRP of $84.99, 128GB available at an MSRP of $54.99, and 64GB available at an MSRP of $34.99. For more information, visit americas.lexar.com.

Lexar Professional SILVER GO microSDXC™ UHS-I Card Availability:

LINK: https://americas.lexar.com/product/lexar-professional-silver-go-microsdxc-uhs-i-card/

1 Speeds based on internal testing. Actual performance may vary.

2 All product and company names, and brands mentioned are trademarks or registered trademarks of their respective owners. Their use is for identification purposes only and does not imply endorsement, sponsorship or affiliation with Lexar.

About Lexar

Founded in California in 1996, Lexar has dedicated 30 years advancing reliable, high-performance memory solutions and now operates more than 100,000 sales channels across six continents, serving over 100 million users in more than 70 countries. Its award-winning portfolio, from memory cards and SSDs to DRAM and mobile storage, continues to empower creators, professionals, and everyday users worldwide. For more information, please visit americas.lexar.com.

Media Contact

Media Team, Lexar, 1 6263720725, lexar@boltpr.com, https://americas.lexar.com/

View original content to download multimedia:https://www.prweb.com/releases/lexar-launches-the-professional-silver-go-microsdxc-uhs-i-card-302916816.html

SOURCE Lexar

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Lexar Launches the Professional SILVER GO microSDXC™ UHS-I Card

Published

on

By

V30 rating provides seamless 4K 60fps recording

SAN JOSE, Calif., Oct. 22, 2026 /PRNewswire-PRWeb/ — Lexar, a global leader in memory and storage, today announced the new Lexar® Professional SILVER GO microSDXC™ UHS-I Card, a versatile storage solution designed for videographers, gamers and creators who need reliable, high-performance storage across their favorite portable devices with microSD slots. Combining fast data transfers, support for high-quality video capture and durable construction, the new card helps users spend less time managing storage and more time creating and capturing their next adventure.

“Gamers and creators are pushing their hardware harder than ever, from massive game libraries to hours of 4K footage. We designed the Lexar SILVER GO so their storage is never the thing holding them back.”

“Gamers and creators are pushing their hardware harder than ever, from massive game libraries to hours of 4K footage. We designed the Lexar SILVER GO so their storage is never the thing holding them back,” said Lizette Lynch, Director of Brand Marketing at Lexar North America. “With a combination of fast transfers, reliable performance and rugged durability, the SILVER GO gives users the speed and storage they need to capture, create and play with confidence.”

The Lexar SILVER GO microSD Card offers top-notch performance of max read speeds of 250MB/s and max write speeds of 180MB/s1. Users can reach max transfer speeds when pairing the cards with the Lexar microSD/SD Reader. With a V30 Video Speed Class rating, the Lexar SILVER GO microSD Card delivers smooth, uninterrupted 4K 60fps Ultra HD recording and keeps pace with rapid-fire burst shooting. The Lexar SILVER GO microSD Card is optimized for action cameras, drones and handheld consoles including DJI, Insta360, GoPro, Nintendo Switch, and Steam Deck2, to name a few.

Available in capacities 64GB-512GB, the SILVER GO microSDXC is built for durability, with features such as IPX7 waterproof, wearproof, drop-proof, temperature-proof, X-ray-proof, shockproof, magnetic-proof, and vibration resistance. The free Lexar Recovery Tool gives users peace of mind, helping users attempt to recover accidentally deleted files. Separately, Lexar products are backed by a limited lifetime warranty, subject to applicable terms and conditions.

The Lexar SILVER GO microSDXC is available through Amazon, with the 512GB available at an MSRP of $144.99, 256GB available at an MSRP of $84.99, 128GB available at an MSRP of $54.99, and 64GB available at an MSRP of $34.99. For more information, visit americas.lexar.com.

Lexar Professional SILVER GO microSDXC™ UHS-I Card Availability:

LINK: https://americas.lexar.com/product/lexar-professional-silver-go-microsdxc-uhs-i-card/

1 Speeds based on internal testing. Actual performance may vary.

2 All product and company names, and brands mentioned are trademarks or registered trademarks of their respective owners. Their use is for identification purposes only and does not imply endorsement, sponsorship or affiliation with Lexar.

About Lexar

Founded in California in 1996, Lexar has dedicated 30 years advancing reliable, high-performance memory solutions and now operates more than 100,000 sales channels across six continents, serving over 100 million users in more than 70 countries. Its award-winning portfolio, from memory cards and SSDs to DRAM and mobile storage, continues to empower creators, professionals, and everyday users worldwide. For more information, please visit americas.lexar.com.

Media Contact

Media Team, Lexar, 1 6263720725, lexar@boltpr.com, https://americas.lexar.com/

View original content to download multimedia:https://www.prweb.com/releases/lexar-launches-the-professional-silver-go-microsdxc-uhs-i-card-302916816.html

SOURCE Lexar

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Racquel Oden to Receive The ELC’s 2026 Achievement Award for Leadership in Financial Services and Expanding Opportunity

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HSBC executive recognized for a career building businesses, developing talent, and widening access to wealth and financial prosperity

WASHINGTON, Oct. 22, 2026 /PRNewswire/ — The Executive Leadership Council (ELC) will honor Racquel Oden, HSBC’s U.S. Head of International Wealth and Premier Banking and Private Banking, with the 2026 ELC Achievement Award at The ELC Recognition Gala on October 30, 2026, at the Gaylord National Resort & Convention Center in National Harbor, Maryland.

With more than 25 years of financial services experience, Oden has built a career at the intersection of business growth, client leadership, and talent development. At HSBC, she leads businesses serving affluent and globally connected clients in the United States, bringing a client-first approach to one of the world’s largest financial services organizations.

“Racquel brings a rare combination of commercial discipline and genuine investment in people,” said Michael C. Hyter, President and CEO of The Executive Leadership Council. “She understands that leadership is measured in business results, certainly, but also in the people you prepare for greater responsibility and the doors you make easier for others to open. Her career reflects the kind of enterprise leadership The ELC has championed for 40 years.”

Oden’s career spans some of the world’s most prominent financial institutions. Prior to HSBC, she served as a Managing Director at JPMorgan Chase, where she led Network Expansion and held leadership roles across national sales, Consumer Banking and Wealth Management. She previously spent eight years at Merrill Lynch in several Managing Director roles and more than a decade at UBS in senior leadership positions. She began her Wall Street career in equity trading at Morgan Stanley.

Throughout that journey, Oden has described her leadership philosophy as one rooted in service and in helping people become the strongest versions of themselves. That philosophy also informs her work to expand access to wealth, opportunity, and financial fluency.

Her leadership extends across corporate and civic institutions. Oden serves on the corporate board of National Life Group and chairs the Board of Directors of the Thurgood Marshall College Fund. She also serves on the boards of the Apollo Theater and the New York City Police Foundation.

Her honors include the National Urban League’s 2026 Women of Power award and recognition among Barron’s Most Influential Women in Finance, American Banker’s Most Powerful Women in Finance and Forbes’ 50 Over 50.

Oden holds a Bachelor of Arts from James Madison University and an MBA from Hampton University.

The ELC Achievement Award recognizes corporate executives whose careers reflect exceptional professional accomplishment, leadership and impact. Oden joins a distinguished group of past ELC honorees whose influence has reached across companies, industries and communities.

The ELC Marks 40 Years of Developing Leaders
Oden will receive the Achievement Award during a milestone year for The Executive Leadership Council. Founded in 1986, The ELC is celebrating its 40th anniversary in 2026, marking four decades of developing leaders who perform at the highest levels of business and strengthening the leadership pipeline that sustains that excellence.

The 2026 ELC Recognition Gala will take place Friday, October 30, at the Gaylord National Resort & Convention Center in National Harbor, Maryland. Hosted by Emmy Award-winning television journalist and Entertainment Tonight co-host Kevin Frazier, the black-tie celebration will feature a special musical performance by 10-time GRAMMY Award winner Chaka Khan.

The Gala is the signature fundraising event of The ELC’s 2026 Gala Week, October 28–31, which will bring together more than 3,000 members, students, senior executives and business leaders as The ELC celebrates its 40th anniversary.

Gala Week is designed to span the leadership journey. The Honors Symposium connects ELC Scholars with senior executives and hiring managers as they prepare to enter the workplace. The Mid-Level Managers’ Symposium develops high-performing professionals preparing for greater leadership responsibility. Corporate Board Navigator helps ELC members prepare for corporate board service.

ABOUT THE ELC

The Executive Leadership Council is an independent nonprofit founded in 1986 that opens channels of opportunity for the development of global executives to positively impact business and our communities. Learn more at elcinfo.com.

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SOURCE The Executive Leadership Council

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