DUBAI: Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), signed an agreement with Dubai Islamic Bank (DIB), a pioneer in Islamic banking, enabling the bank to leverage Moro Hub’s state-of-the-art green data centre facilities located in the Mohammad Bin Rashid Solar Park.
The agreement was signed during COP28 UAE at Expo City Dubai. The signing ceremony was addressed by Mohammad Bin Sulaiman, Chief Executive Officer of Moro Hub and Obaid Al Shamsi, Chief Operating Officer of Dubai Islamic Bank in the presence of several other VIPs and notable dignitaries from both parties.
“Moro Hub’s green data center offers cutting-edge solutions powered by sustainable energy, and by choosing our solar-powered data centre, Dubai Islamic Bank is not only enhancing the efficiency and security of its digital operations but also contributing to the UAE’s national agenda for sustainability. We look forward to supporting them in their digital transformation journey,” said Mohammed Bin Sulaiman, Chief Executive Officer of Moro hub.
Recognised as the world’s largest solar-powered data centre by the Guinness World Records, the facility is located at the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world, utilizes clean and renewable energy sources to reduce its carbon footprint, making it an ideal choice for companies like DIB that prioritize environmental responsibility.
“We are delighted to partner with Moro Hub. Hosting some of our strategic services in their green data centre, powered by renewable energy, marks a thrilling advancement in our operations. This strategic move underscores our dedication to environmental sustainability and mirrors our commitment to maintaining the utmost standards in security, reliability, and efficiency within our digital infrastructure. This partnership not only aligns seamlessly with our goals for sustainability and digital security but also represents a significant stride towards responsible and efficient digital practices,” said Obaid Al Shamsi, Chief Operating Officer of DIB.
This collaboration between Dubai Islamic Bank and Moro Hub marks a significant milestone in the financial industry’s embrace of sustainable practices, underscoring the importance of green technology and positioning DIB as a leader in environmentally conscious digital innovation.
