MoU signed between Nokia, Schneider Electric, and T964 regarding the provision of power and cooling infrastructure for a data center in Iraq.

The entities involved

• Nokia →

  Finnish multinational telecommunications and information technology company

  • Nokia is expanding its operations in Allentown, Pennsylvania, bolstering the state's technology hub status.Mon 06:06
  • MarketBeat lists several companies, including Nokia, IBM, Astera Labs, Marvell Technology, and Vertiv, as infrastructure stocks to watch today.Mon 01:04
• Schneider Electric →

  France-based multinational corporation

  • Architecture piloted in Equinix colocation data center, involving Schneider Electric.Mon 16:24
  • ChildFund International and Schneider Electric partnered to develop renewable energy projects targeting underserved communities in Africa.Mon 09:18
• Iraq →

  sovereign state in Western Asia

  • Basra hosts the Grand Faw Port project, serving as a key transit hub for trade routes connecting China and Europe.Mon 17:06
  • Oil flows through the Strait of Hormuz as geopolitical risks in the Middle East affect oil prices, with Iraq ready to resume production.Mon 16:22