Lenovo appoints new data center country manager in Saudi Arabia

Lenovo’s data center portfolio spans servers, storage, converged and hyperconverged, networking, hyperscale, software and services. (File/AFP)
Updated 10 December 2018
0

Lenovo appoints new data center country manager in Saudi Arabia

  • “The Middle East is witnessing rapid transformation and The Kingdom of Saudi Arabia is a major market player, leading the charge in the adoption of new-age technologies,” said a Lenovo official
  • He also said Lenovo's data center can be “an integral technology partner for enterprises and governments across the region.”

DUBAI: China-based tech giant Lenovo has appointed a new data center country manager for Saudi Arabia – a move the company has aligned with the kingdom’s Vision 2030. 

Emad Aldaous will be heading the company’s vision to “transform the data center industry regionally.”

“The Middle East is witnessing rapid transformation and The Kingdom of Saudi Arabia is a major market player, leading the charge in the adoption of new-age technologies like IoT, AI and blockchain, underpinned by the Saudi Arabia Vision 2030,” said Richard Wilcox, DCG Regional Director for Lenovo Middle East.

Wilcox also said the DCG can be “an integral technology partner for enterprises and governments across the region.”

Lenovo aims to be a top data center player in the industry, becoming the largest and fastest growing supercomputing company by 2020.

Lenovo’s data center portfolio spans servers, storage, converged and hyperconverged, networking, hyperscale, software and services.

The Vision 2030 provides an ambitious blueprint for the future of the kingdom, covering several aspects of development including technology.


Saudi Arabia and UAE launch a new joint cryptocurrency

Updated 20 January 2019
0

Saudi Arabia and UAE launch a new joint cryptocurrency

  • The cryptocurrency will be limited to banks during its first stages
  • The program will also help the two countries evaluate the monetary policies of a centralized currency

Saudi Arabia and the UAE have launched a joint cryptocurrency during the first meeting of the Saudi-Emirati Coordination council Saturday in Abu Dhabi, UAE’s national press agency WAM said.

The cryptocurrency will be limited to banks during its first stages, until the governments have a better understanding of how Blockchain technology operates cross-borders.

The currency operates on the use of a “distributed database between the central banks and the participating banks from both sides,” aiming to protect customer interests, set technology standards and assess cybersecurity risks. The new program will also help evaluate the impacts of a central currency on monetary policies.

During the meeting, representatives of Saudi Arabia and the UAE also signed the Joint Supply Chained Security Cooperation program, which tests the two countries abilities to provide vital supplies during times of crisis and national emergencies, as well as share expertise and knowledge in the field.

All 16 members of the executive committee of the council followed up on the execution of the initiatives mentioned in the Strategy of Resolve.

Representatives also set five other initiatives to enhance the cooperation between the two countries, such as facilitating the traffic between ports, improving airports to make it easier for people with disabilities to travel, creating a financial awareness program for children aged 7-18, starting a joint platform to support local SMEs, and the integration of civil aviation markets,

The committee was headed by Mohammad bin Abdullah Al-Gergawi, minister of cabinet of affairs and the future of UAE, and Mohammed bin Mazyad Al-Twaijri, minister of economy and planning in Saudi. The committee will also monitor the implementation of the initiatives.