Technology Exhibition and Program Market of the Arab States Broadcasting Union Launched in Tunis

A general view of Habib Bourguiba Avenue in downtown Tunis, virtually deserted on the first day of a general lockdown to stop the spread of the coronavirus disease (COVID-19) ordered by Tunisia's president, in Tunis, Tunisia, March 22, 2020. (Reuters)
A general view of Habib Bourguiba Avenue in downtown Tunis, virtually deserted on the first day of a general lockdown to stop the spread of the coronavirus disease (COVID-19) ordered by Tunisia's president, in Tunis, Tunisia, March 22, 2020. (Reuters)
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Technology Exhibition and Program Market of the Arab States Broadcasting Union Launched in Tunis

A general view of Habib Bourguiba Avenue in downtown Tunis, virtually deserted on the first day of a general lockdown to stop the spread of the coronavirus disease (COVID-19) ordered by Tunisia's president, in Tunis, Tunisia, March 22, 2020. (Reuters)
A general view of Habib Bourguiba Avenue in downtown Tunis, virtually deserted on the first day of a general lockdown to stop the spread of the coronavirus disease (COVID-19) ordered by Tunisia's president, in Tunis, Tunisia, March 22, 2020. (Reuters)

The technology exhibition “ASPO” for radio, television, and program market was launched in the City of Culture in the capital, Tunis. Organized by the Arab States Broadcasting Union (ASBU) within the framework of the 24th session of the Arab Radio and Television Festival, the event included 90 exhibitors distributed over 98 pavilions, SPA reportd.
The Acting Minister of Culture Affairs of Tunisia, Moncef Boukthir; the President of the Arab States Broadcasting Union and CEO of the Radio and Television Corporation, Mohammed bin Fahd Al-Harithi; and the Director-General of the Union, Eng. Abdel Rahim Suleiman co-opened the exhibition.
The most famous and oldest international companies that manufacture modern, integrated, and multimedia radio and television equipment, production and distribution companies for audio-visual content, both Arab and international, and providers of advanced services and technology, in addition to ASBU member bodies, television networks, private radio stations, and Arabic-speaking international satellite channels, are participating in ASPO and the software market.
On the sidelines of the opening of the technology exhibition, Al-Harithi presented honorary shields to a number of Tunisian and Arab media figures and personalities at the Kingdom of Saudi Arabia’s pavilion.



Oracle to Invest $6.5 Bn in Malaysian Cloud Services Region

(FILES) US multinational computer technology company Oracle's logo is pictured at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 27, 2024. (Photo by PAU BARRENA / AFP)
(FILES) US multinational computer technology company Oracle's logo is pictured at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 27, 2024. (Photo by PAU BARRENA / AFP)
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Oracle to Invest $6.5 Bn in Malaysian Cloud Services Region

(FILES) US multinational computer technology company Oracle's logo is pictured at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 27, 2024. (Photo by PAU BARRENA / AFP)
(FILES) US multinational computer technology company Oracle's logo is pictured at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 27, 2024. (Photo by PAU BARRENA / AFP)

Tech giant Oracle on Wednesday said it plans to invest more than $6.5 billion on cloud services data centers in Malaysia, joining a list of US titans rushing to build up their AI infrastructure in Southeast Asia.

The firm said the cloud region would help organizations in the country modernize their applications, migrate their workload to the cloud and innovate with data, analytics and artificial intelligence.

Oracle is working to expand its cloud infrastructure business globally. The company recently projected it will surpass $100 billion in revenue in fiscal 2029, driven by increasing demand for cloud services.

Malaysia's new cloud region will be the firm's third in Southeast Asia, following two facilities in neighboring Singapore.

"Malaysia offers unique growth opportunities for organizations looking to accelerate their expansion with the latest digital technologies," Garrett Ilg, Oracle's executive vice president for Japan and Asia Pacific, said in a statement.

"Our multi-billion-dollar investment affirms our commitment to Malaysia as a regional gateway for cloud infrastructure as well as a comprehensive suite of software as a service applications deployed within Malaysia."

The statement also quoted Malaysia's Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz as welcoming the investment, saying it would help firms with innovative and cutting-edge AI and cloud technologies to boost their global competitiveness.

"Oracle's decision to establish a public cloud region in Malaysia underscores Malaysia's infrastructure readiness, and its growing position as a premier Southeast Asian destination for digital investments," he added.

Oracle is the latest global tech giant to announce major digital investments in Southeast Asia. Google-parent Alphabet said in May it would invest $2 billion to house the firm's first data center in Malaysia.

Google on Monday said it plans to invest $1 billion to build digital infrastructure in Thailand, including a new data center.

Amazon and Microsoft have also announced investments worth billions of dollars in the region as demand for AI hots up.

Malaysian Prime Minister Anwar Ibrahim on Tuesday announced that the country plans to develop a National Cloud Policy.