Qatar Wealth Fund to Merge Domestic Fiber Network with Cable Business

The Qatar Investment Authority (QIA)
The Qatar Investment Authority (QIA)
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Qatar Wealth Fund to Merge Domestic Fiber Network with Cable Business

The Qatar Investment Authority (QIA)
The Qatar Investment Authority (QIA)

Qatar's sovereign wealth fund said on Wednesday it plans to merge the telecommunications businesses of Qatar National Broadband Network (QNBN) and Gulf Bridge International (GBI), to build a national leader.
The Qatar Investment Authority (QIA) is seeking to combine QNBN’s domestic fiber network with GBI’s international submarine and terrestrial cables, which it said would create a digital and AI infrastructure leader.
QIA plans to position Qatar "as a leading digital hub both regionally and globally and connect Qatar to the world," chief executive Mansoor Ebrahim Al-Mahmoud said in the statement.

"Our long-term vision is to create a digital infrastructure champion, unlocking new opportunities,” the chairman of QNBN and GBI was quoted as saying.



Ceer Signs MoU with EVIQ to Enhance EV Driving Experience in Saudi Arabia

Ceer, Saudi Arabia’s first electric vehicle (EV) brand
Ceer, Saudi Arabia’s first electric vehicle (EV) brand
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Ceer Signs MoU with EVIQ to Enhance EV Driving Experience in Saudi Arabia

Ceer, Saudi Arabia’s first electric vehicle (EV) brand
Ceer, Saudi Arabia’s first electric vehicle (EV) brand

Ceer, Saudi Arabia’s first electric vehicle brand, has signed a memorandum of understanding with Electric Vehicle Infrastructure Company EVIQ to support the EV ecosystem in the Kingdom by providing a reliable charging infrastructure and innovative solutions for drivers.
"Our role at Ceer is not limited to building EVs with global standards; we are also committed to offering an exceptional experience to EV owners in the Kingdom. We are excited to partner with EVIQ to ensure a smooth and comfortable driving experience for EVs across the Kingdom,” said Ceer CEO Jim DeLuca.
This partnership marks a significant step towards achieving the Saudi vision of building an automotive industry and promoting a sustainable transportation future. By combining Ceer's commitment to delivering advanced Saudi-made EVs with EVIQ's goal of establishing an efficient EV network, this collaboration paves the way for a seamless transition to EVs throughout the Kingdom.