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Meeza and Huawei Launch Recaas Solution Worldwide

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Meeza and Huawei Launch Recaas Solution Worldwide CASH CRUNCH | Page 2 Egypt’s new desert capital faces delays Tuesday, May 14, 2019 Ramadan 9, 1440 AH CASH BUYOUT DEAL : Page 12 Onex to buy Canada’s GULF TIMES WestJet for $2.6bn in largest PE-backed BUSINESS aviation acquisition Businesses and individuals set to Meeza and Huawei benefit significantly from Qatar’s launch RECaaS 5G rollout: OBG By Pratap John Business Editor Qatari individuals and businesses are both set to benefit significantly from the rollout of 5G services as “enhanced connectivity and faster download times boost data services solution worldwide performance,” Oxford Business Group (OBG) has said in a report. The government, it said, will be looking to be able to leverage new eeza, Qatar’s prominent end- technology and incorporate it into various smart systems and to-end managed IT services & networks that are being rolled out across new urban developments. Msolutions provider, launched Moving forward, OBG said “the authorities will continue to provide the Recovery as a Service (RECaaS) an effective regulatory framework for the sector while fostering a solution in partnership with Huawei climate in which both businesses and entrepreneurs can harness Technologies to off er “world-class” re- the potential of emerging technology and capitalise on the new covery services through its centralised opportunities it creates.” ‘Business Cloud’ platform. In its The Report: Qatar 2019 OBG said Qatar’s ICT market is well RECaaS will enhance Meeza’s existing established, and characterised by high levels of mobile and Internet ‘Disaster Recovery and Cloud Service’ penetration rates. Internet services are both affordable and quick, off erings within the local, regional and with fibre-based connections available. The country’s two main international markets. telecommunications operators – Ooredoo and Vodafone – are also RECaaS aims to pave the way for fur- working to roll out 5G services in all heavily populated areas of the ther growth for Meeza, bolstering its country. business cloud services expansion in On the IT side, officials are working to strengthen the sector, with target markets globally. plans for the development of a new smart city, e-government “Businesses nowadays cannot aff ord services and start-ups currently in the works. downtime and instead need to be able In September 2018, HE the Minister of Transport and to pre-emptively tackle disruptions. Communications, Jassim Seif Ahmed al-Sulaiti said that Qatar’s ICT The launch of RECaaS in partnership sector was estimated to be worth $3.9bn in 2017 and is expected to with Huawei equips us with a range of grow by 3.2% per year to $4.4bn in 2021. services that are scalable, secure, and The minister also noted that the sector contributed 2.7% of GDP in cost eff ective, delivering ever increas- 2017. ing value to our clients. Our innova- The International Telecommunication Union (ITU), which falls under tive recovery solutions will protect the the umbrella of the UN, ranked Qatar 39th out of 179 countries in its day-to-day operations of our clients. Global ICT Development Index of 2017, three places lower than in Meeza’s DRaaS and BaaS (Back up as a 2016. The index awards points based on access to fixed and mobile Service) off er clients a fl exible recovery telephone services, Internet services, and schooling. platform to ensure business continuity”, “Despite the ongoing blockade, there have not been any cuts to said, Ghada Philip El Rassi, executive The launch of RECaaS in partnership with Huawei equips Meeza with a range of services that are scalable, government spending on ICT and the digital transformation of the board member and chief executive of- secure, and cost eff ective, delivering ever increasing value to the clients country’s economy,” Yousef al-Naama, CEO of Malomatia, a Doha- fi cer (Expansion) Meeza. headquartered technology services and solutions provider, told “Disruption to IT infrastructure, sys- multiple recovery point and time objec- (DRaaS) off ering continuous real time, we are committed to improving online OBG. tems and applications are inevitable in tives available we provide true fl exibility byte-level replication, automated full or business operations, contributing to “This signifies their dedication to modernising and strengthening any business; balancing how quickly for any disaster recovery requirement ei- partial failover, hardware agnostic, pro- smooth economic growth by minimising the economy,” he said. businesses can recover from an outage ther on premise, or within hybrid public vides snapshot and CDP Features with disruption. The combination of Meeza’s Qatar is investing in 5G technology and once established, it will versus the cost of deploying complex re- cloud workloads”, said, David Wilds, ex- multiple recovery point and time objec- existing state-of-the-art data centres allow peak internet connection speed to reach 1 Gbps, create higher covery solutions is a challenge for every pansion operations executive, Meeza. tives. BaaS provides an extremely cost- and Huawei’s leading infrastructure, communication capacity and allow for an increase in the number of organisation. Our RECaaS off ering pro- Meeza’s unique, centralised and uni- eff ective backup and archiving solution industry and business technology solu- mobile broadband users, OBG said. vides a comprehensive and cost eff ec- fi ed business cloud platform is hosted hosted within the Meeza local cloud. tions will allow clients to focus on their The deployment of advanced technology runs alongside the Qatar tive portfolio of recovery services that across multiple TierIII data centres Huawei Technologies CEO Qatar business off erings without having to National Vision 2030, the country’s development plan to diversify deliver simplicity through orchestration, based in Qatar, the main recovery serv- Frank Fan said, “As a leading ICT and worry about the security and safety of the economy and reduce dependency on hydrocarbons. automation and rapid provisioning. With ices are Disaster Recovery as a Service global infrastructure service provider, their digital assets.” China defies Trump with new round of tariffs on US goods Ezdan Holding nullifi es Reuters the trade dispute and urged its leaders, including Washington/Beijing President Xi Jinping, to continue to work to reach a proposal to delist from QSE deal. “China should not retaliate-will only get worse,” Trump said on Twitter. China said yesterday it would impose higher tariff s on “I say openly to President Xi & all of my many friends zdan Holding Group has nullifi ed its earlier a range of US goods including frozen vegetables and in China that China will be hurt very badly if you don’t proposal to become a private entity by delist- liquefied natural gas, striking back in its trade war with make a deal because companies will be forced to leave Eing from the Qatar Stock Exchange (QSE) in Washington after US President Donald Trump warned China for other countries,” he wrote. view of the robust momentum in the domestic it not to. The US president, who has embraced protectionism economy. The move, widely expected after the US last week as part of an “America First” agenda, stepped up his In its general assembly held on Sunday, the raised tariff s on $200bn in Chinese imports, verbal attacks on China on Friday after two days of shareholders “agreed to waive its previous decision heightened fears the world’s two largest economies high-level trade talks in Washington ended with the (dated May 24, 2017) concerning the approval in were spiralling into a no-holds-barred dispute that two sides in an apparent stalemate. principle the transformation Ezdan Holding Group could derail the global economy. Top White House economic adviser Larry Kudlow said from a public shareholding company to a private China’s finance ministry said it plans to set import on Sunday there was a “strong possibility” Trump will shareholding company.” tariff s ranging from 5% to 25% on 5,140 US products on meet Xi at a G20 summit in Japan in late June. Ezdan board had held a meeting on April 6 to a revised $60bn target list. Trump has accused China of reneging on consider the request of one of the shareholders of It said the tariff s will take eff ect on June 1. commitments it made during months of trade Al Tadawul Trading Group, which owns more than “China’s adjustment on additional tariff s is a response negotiations, which Beijing has denied. 25% stake, regarding nullifying the earlier proposal. to US unilateralism and protectionism,” the ministry China tried to delete commitments from a draft The letter presented by one of the shareholders said. “China hopes the US will get back to the right agreement that its laws would be changed to enact stated that this request is based on the strength of track of bilateral trade and economic consultations new policies on issues from intellectual property the Qatari economy, despite the challenges, espe- and meet with China halfway.” protection to forced technology transfers. cially during the blockade period, and considering The White House and US Trade Representative’s off ice That dealt a major setback to the talks. that the QSE was one of the best performers in the did not immediately respond to requests for comment. In the middle of the negotiations last week, Trump Arab region in 2018. Global equities tumbled, with MSCI’s gauge of stocks hiked tariff s on Chinese goods to 25% from 10%. The According to the Article 138 of the Companies across the world on pace for its biggest one-day drop move aff ected 5,700 categories of Chinese products Law No 11/2015, the extraordinary general assem- of 2019. including internet modems, routers and similar bly shall meet only at the invitation of the board of Major Wall Street stock indexes were down about devices.
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