Pure Data Centre pauses Middle East investment pipeline amid Iran war
- Pure DC has suspended investment decisions on its Middle East data centre pipeline citing regional uncertainty from the Iran war.
- CEO told press that supply-chain risks, insurance and operational exposure drove the pause; projects under review.
- Pause signals investor caution for AI infrastructure expansion across the Gulf in the near term.
Investment Monitor · 2026-04-29
Saudi Arabia moves to operationalise responsible AI governance — analysis
- Access Partnership outlines Saudi draft Responsible AI Policy emphasizing risk-tiering, audits, registration and compliance duties.
- Policy signals shift from principles to operational regulation that will affect private‑sector AI deployments and audits.
- Officials and companies will need to prepare for registration and third‑party compliance checks.
Access Partnership · 2026-04-29
Lotus Wiper destructive malware targeted Venezuelan energy firms and utilities
- Security researchers detail Lotus Wiper use of living‑off‑the‑land techniques and mass data deletion across energy sector targets.
- Attackers combined destructive payloads with extensive operational tradecraft, increasing recovery complexity for victims.
- Highlights persistent threat of destructive malware to critical infrastructure globally; Saudi operators should review resilience plans.
Dark Reading · 2026-04-29
Udora raises $10m and prepares Saudi market entry
- UAE-based gifting platform Udora closed $10 million in private financing ahead of planned expansion into Saudi Arabia.
- Funding will be used to establish operations, partnerships and localised product offerings in the Kingdom.
- Significant as regional consumer platform expansion into Saudi demonstrates persistent market draw for GCC startups.
Wamda (Arabic) · 2026-04-29
Saudi Arabia and UAE to build new data centres after $2 billion in external investment
- Taranis Capital and Emaar Executive Company signed an MoU to develop carrier-neutral, next‑gen data centres across Saudi Arabia and the UAE.
- Deal represents $2 billion of external investment aimed at accelerating AI-capable infrastructure in the Gulf.
- Saudi ministries have backed agreements to facilitate land, energy and localisation for the projects.
Arabian Business · 2026-04-29