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UAE's New Venture to Boost Cloud and AI Infrastructure

2/20/2026

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Summary

Story summary

EHC Investment L.L.C., Phoenix Technologies Ltd., and AAA Commercial Enterprises LLC formed a joint venture in Abu Dhabi.
The venture will develop sovereign cloud infrastructure and AI solutions.
The initiative will begin after necessary approvals and the selection of a flagship project.
Alaa Al Ali, CEO of NG9 Holding, said the collaboration will boost national resilience and position the UAE as a global cloud and AI hub.

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Story summary

EHC Investment L.L.C., Phoenix Technologies Ltd., and AAA Commercial Enterprises LLC formed a joint venture in Abu Dhabi.
The venture will develop sovereign cloud infrastructure and AI solutions.
The initiative will begin after necessary approvals and the selection of a flagship project.
Alaa Al Ali, CEO of NG9 Holding, said the collaboration will boost national resilience and position the UAE as a global cloud and AI hub.