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Amazon Invests $11 Billion to Expand Cloud and Logistics in Germany

Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. (Reuters)
Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. (Reuters)
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Amazon Invests $11 Billion to Expand Cloud and Logistics in Germany

Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. (Reuters)
Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. (Reuters)

Amazon will invest 10 billion euros ($10.75 billion) as demand for its cloud services and retail goods in Europe's biggest economy keeps growing, the US technology and retail company said on Wednesday.

The greater part of the sum, 8.8 billion euros, will be spent by 2026 to expand the cloud infrastructure of its computing unit Amazon Web Service (AWS), as it sees rising potential in Artificial Intelligence (AI)-driven technologies in Europe, Reuters reported.

German Chancellor Olaf Scholz praised the investment that would create more than 4,000 jobs this year by saying it underlines the country's attractiveness for investors.

Berlin is dealing with an economic downturn triggered by high energy costs and interest rates, as well as under-investment due in part to red tape.

The announcement brings the total amount of Amazon's planned investments in Germany to 17.8 billion euros.

AWS was considering multi-billion investments in the expansion of its data centres in Italy, Reuters reported in May.

 

 

 

 

 

 

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Saudi Arabia’s SDAIA Receives ISO Certificate for Global Information Security Standards

Saudi Arabia’s SDAIA Receives ISO Certificate for Global Information Security Standards
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Saudi Arabia’s SDAIA Receives ISO Certificate for Global Information Security Standards

Saudi Arabia’s SDAIA Receives ISO Certificate for Global Information Security Standards

The Saudi Data and AI Authority (SDAIA) received on Tuesday the ISO 27001:2022 certificate for implementing accurate and comprehensive standards in data protection and ensuring information security in the Saudi Private Network for Government Integration (SPINE).

SPINE is one of SDAIA's products designed to connect over 300 government entities to exchange data and services and unify the connection mechanism to reduce financial costs.

SDAIA National Information Center Director Dr. Esam bin Abdullah Al-Wagait received the certificate in the presence of several SDAIA officials and the national team that worked on this achievement.

SDAIA obtained the global certificate after applying best practices and standards in areas such as risk management, data protection, maintaining information confidentiality, and ensuring business continuity in networks, communications, data exchange, and services.

The ISO 27001:2022 certificate is an international standard that defines the requirements for creating, implementing, and improving the processing of security challenges in modern technology, such as data protection, cyber threats, and ensuring business continuity.

Such certificates help in raising the quality of information-security management, boosting confidence in SDAIA's ability to protect sensitive information and manage risks. Obtaining the certificate is part of the global trend towards adopting best practices in the field of information security.

The certificate is part of a series of global certificates that SDAIA has obtained in the field of data and AI, reflecting its commitment to achieving the highest standards of quality and institutional excellence in all areas.