Cooperation between "EHC Investment" and"Phoenix Technologies" and"AAA " To provide computing solutions
ABU DHABI, 19 February / WAM / EHC Investments, Phoenix Technologies, and AAA Commercial Enterprises signed a memorandum of understanding to establish a joint venture focused on delivering next-generation sovereign cloud infrastructure, secure data platforms, and advanced AI computing solutions across the region.
The joint project will be headquartered in Abu Dhabi, where it will combine regional investment leadership, Swiss expertise in implementing advanced technologies, along with deep expertise in institutional transformation, to meet the growing demand for a secure, sovereign and scalable digital infrastructure. The project will serve as an operational platform for developing, marketing and delivering sovereign cloud solutions. Full operations are scheduled to launch following the completion of key approvals and the selection of the first pilot project within a growth roadmap agreed upon between the parties.
Ali Al-Jubaili, General Manager of EHC Investments, said: This joint project supports the UAE’s vision to build a secure, sovereign, future-ready digital infrastructure, benefiting from our experience spanning more than four decades and its track record of success to enable reliable cloud and artificial intelligence platforms that serve national priorities, protect data sovereignty and enhance the digital economy in the country.
For his part, Mustafa Rashad, CEO of EHC Investment, stressed that this partnership is in line with our commitment to shaping the future of digital infrastructure in the region. He added: “Together with Phoenix and AAA Enterprise Enterprise, we are establishing a strong foundation for sovereign cloud and artificial intelligence platforms, supporting national priorities and the goals of our shareholders, accelerating digital transformation and delivering sustainable value at scale.”
Phoenix Technologies, a leading Swiss technology company with global expertise in advanced ICT architectures and secure cloud platforms, will lead the technical implementation, delivery and technology enablement in the region through the joint venture.
Thomas Taroni, Founder and Executive Chairman of Phoenix Technologies, explained the importance of controlling the entire value chain of such critical infrastructure to ensure operation with complete autonomy. As a Swiss technology leader, Phoenix will build and operate a neutral, high-performance and flexible infrastructure that the region can rely on to foster AI innovation.
With the support of Jeewan Holding, the diversified investment conglomerate headquartered in Abu Dhabi with operations in more than 90 countries, AAA Enterprises will support the joint venture by leveraging strong regional implementation capabilities and achieving institutional alignment.
Alaa Al Ali, CEO of NG9 Holding Group, said: This joint project reflects our commitment to accelerating the UAE’s leadership in the field of sovereign digital infrastructure and artificial intelligence innovation. By combining global technological expertise with strong regional implementation capabilities, we are working to create a reliable platform that enhances national resilience, opens new economic horizons, and consolidates the UAE’s position as a global center for advanced cloud systems and artificial intelligence.
Amer Al-Ash, CEO of AAA Commercial Projects, added that the company is proud to play a pivotal role in enabling this strategic partnership. Through our regional expertise and global partnerships, we aim to support the development of sovereign cloud platforms and AI solutions that are secure, scalable and future-ready, enabling governments and organizations to innovate with confidence while maintaining control of their data and their digital future.
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