Global Consortium Led by Nexus Core Systems to Build AI Factory Powered by 500 MW of Renewable Energy and Next-Generation AI Compute
LONDON, June 19, 2025 /PRNewswire/ -- A global investment group led by Nexus Core Systems—and backed by Lloyds Capital, NAVER Cloud, Maroc Telecom, and powered by state-of-the-art accelerated computing, networking, and AI-native infrastructure—today...
e& achieves AED 16.9 billion consolidated revenue growing 18.7% YoY in Q1 2025
Consolidated net profit increased to AED 5.4 billion, reflecting a 129.9 per cent increase year-on-year growth. Excluding the impact of Khazna transaction, net profit increased by 19.1 per cent year-on-year. The proceeds of USD 2.2 billion were...