News
Evolving new storage propositions

Fadi Kanafani, Regional Director for Middle East and Africa at NetApp says NetApp’s Data Fabric solutions are designed to enable clients to manage data across on-premises and public cloud resources to architect the IT environment that best meets their needs.
How do you see the outlook for Enterprise storage in view of storage consolidation with cloud based options?
When we look at digital transformation that is unfolding now, enterprise storage is taking centre stage in that journey. It is believed that by 2020, data will reach 28 exabytes; driven by IoT, smart cities, M2M etc. A Lot of data is getting accumulated and today it is not just humans that are generating data but machines themselves are generating data through AI and which is consuming more space than ever before. Today all organizations have the need to adopt digital transformation initiatives and that isn’t possible in isolation of storage. With the data that is generated, customers will need analytics to make smarter decisions and to add flexibility to their business. In all of this enterprise storage plays a key part and we see ourselves as a significant player in the enterprise storage space.
What is your proposition for cloud?
We have a very strong value proposition- the Data fabric vision at NetApp. This brings together all the components we have to allow Businesses take control of their data, make it mobile, free them from being locked to one service providers, make use of power of cloud and yet retain data integrity and sovereignty and keep it on premise. NetApp’s Data Fabric solutions are designed to enable clients to manage data across on-premises and public cloud resources to architect the IT environment that best meets their needs. NetApp facilitates digital transformation by delivering unified data management across clouds. With NetApp’s data fabric, organizations can increase efficiency, improve IT responsiveness, and ultimately accelerate innovation.
NetApp is a very strong player with the services providers, providing cloud ONTAP that allows you to manage data on premise, in the public or hybrid cloud, move data from one cloud to another and bring it back as if it were on premises using ONTAP. So this is something no other competitors can do; we do this with great flexibility and agility and at a minimal cost, if you compare with the rest because you don’t need to rewrite applications when you bring back data from the cloud.
We have strong relationships with AWS, Microsoft Azure etc. Customers can for instance click ONTAP when logged into AWS and within minutes have storage space provisioned. We are also working with local services providers and are looking to introduce service catalogues. We already have relationships with service providers in the region including STC in Saudi, Etisalat here, offering cloud based services like video surveillance as a service, Disaster Recovery as a service, backup as a service, managed services in general. Public cloud customers of STC use NetApp services.
How do you see the shift to the cloud accelerating?
We see faster adoption in current economic conditions. The Oil & Gas sector crisis has impacted other Businesses and that has made them look towards the OPEX model to be able to continue running their Business efficiently at a lesser cost, getting all services as if it were available on premise. So these reasons, good or bad, are encouraging a faster adoption of cloud.
Discuss changes on the partner landscape?
We have a strong partner landscape for traditional sell to customers that have been with us for a long time. However, when we started working with service providers on cloud services, they themselves became a channel for extending our services to their own constituency of customers. We have special programs for supporting that.
Is enterprise flash showing significant traction in various workload deployments?
Today, we at NetApp have been showing tremendous growth. It is in triple figures as adoption has been high. That is also because Flash provides you with higher capacities and efficiency guarantees, for sometimes half of the cost. So customers can do much more with less.
For requirements including DR and backup deployments, the customer will have options to choose what they want to deploy. I hardly see tapes and at times there could be traditional drives. Usually it now always Flash; our value proposition is always Flash.
What are the different Flash propositions?
In terms of Arrays, there are three types. There is Flash for running high IOPS requirements. For instance for Big Data analytics, EFF based on the E series platform. For the typical database requirements, we go with the FAS range of products. The new NetApp All Flash FAS (AFF) A200, an entry-level all-flash array, delivers enterprise-grade flash performance at a very attractive price point. The new system makes it easy for midsize businesses to move to all flash, and it features a compact 2U chassis design with an internal solid-state drive (SSD) shelf.
When you go to service providers, we have a solutions from SolidFire, a company we acquired recently. The latest version of NetApp SolidFire Element OS storage software lets customers respond to business demands quickly with dynamic adjustments. This solution lets users accommodate mixed workloads on a single storage system, adding capacity and performance with seamless granularity. It is a platform that allows you to manage different workloads and scale very quickly. It also allows you to go out and sign predictable Service Level Agreements such as for instance Platinum level, Gold level, Silver level etc with customers and monetize your relationships with customers based on these predictable SLAs. Because each workload has a different dynamic, we have to go with what solution suits best for the specific workload, opting from the three different flavors of Flash that we offer.
Can ONTAP work with storage that a customer may already have installed from a diifferent vendors?
ONTAP can manage other storage; we typically run a Flex Array that virtualizes other storage available with customers and that allows ONTAP to manage the installed storage. ONTAP software and flash systems give customers a way to bridge existing and emerging IT architectures as they build and evolve their hybrid cloud
If Oil & Gas has been a key focus, did the decline in the segment impact NetApp? How did you look at offsetting this impact?
The Oil & Gas sector has always been close to NetApp’s strategic focus since our presence was established here from 2002 onwards. There has been an impact but we have worked around to augment the gap by looking at requirements of other Businesses and sometimes within the same entity. I do believe it is just a matter of time before the recovery happens and things stabilizes. We are also working a lot more with other segments as I mentioned in the case of the service provider sector and with other public sector entities, with Finance, Education etc. we have diversifies our focus and have been less reliant on the energy sector.
Home Integrator
MERED Sponsors Aspiring Architects in Pininfarina Academy’s Inaugural Summer School

MERED is supporting the inaugural Pininfarina Academy, an educational initiative by Pininfarina, a global icon of Italian design. The academy is dedicated to fostering excellence in architectural design among emerging industry professionals, providing them with the opportunity to learn from world-renowned experts and explore cutting-edge design concepts at the company’s headquarters in Turin, Italy. As part of this initiative, MERED will sponsor four students to attend the Pininfarina Architecture Summer School.
The exclusive 3 X 3 X 3 Summer School launches this July with a course integrating advanced design techniques and Design for Manufacture and Assembly (DfMA) in contemporary architecture. The program is tailored to equip young architects with the skills and expertise to redefine modern architecture and urban development. Participants will engage in hands-on workshops, keynote lectures by industry leaders, and practical applications of state-of-the-art technology, including AI-driven design, parametric modelling, and immersive VR/AR tools.
By sponsoring four students, MERED reinforces its mission to redefine premium developments through visionary design and strategic partnerships by nurturing next-generation talent. With a portfolio that includes the ultra-luxury 290-meter ICONIC Residences in Dubai Design by Pininfarina, an upcoming waterfront project in Abu Dhabi and having entered the Saudi Arabian market, MERED is shaping the future of high-end real estate. The developer is dedicated to having an expert team that can push the boundaries of design excellence in the global real estate landscape.
The Pininfarina Architecture Summer School will be held from July 14 to 25, 2025, and instruction will be conducted in English. Applications are open to a select 12 aspiring architects, offering them a unique learning experience, the chance to connect with like-minded peers, and the opportunity to collaborate with industry leaders.
Home Integrator
Corinthia and Kuwaiti Action Real Estate Company acquire prime location properties in Beverly Hills

Corinthia Group, trading as IHI plc, announces that its recently formed partnership with Action Real Estate Company of Kuwait has acquired two boutique hotel properties totalling 100 keys in a prime location in Beverly Hills, California.
The acquisition of the neighbouring Maison and Mosaic Hotels by the Action Corinthia joint venture, in which IHI plc owns a minority stake, is part of a broader strategy for the Beverly Hills market.
Simon Naudi, Corinthia Group CEO, said: “This is an important step forward for Corinthia. Beverly Hills is one of the world’s foremost hospitality destinations and we are determined to add value and create luxury products and services to the benefit of the local community and our Corinthia brand’s global positioning.”
Action Real Estate Company Chairman Sheikh Mubarak A. M. Al Sabah said: “We are thrilled to announce our entry into the prestigious Beverly Hills market, marking a significant milestone in our strategic partnership with Corinthia. As a company with a strong track record in global real estate and hospitality investments, this transaction represents an exciting new chapter for us. With decades of experience in markets around the world, including Europe, the Middle East, and Asia Pacific, we are now expanding into the United States, which remains a key market for future growth and innovation.”
The hotels will be operated in the immediate term by a specialist Los Angeles operator Palisociety under current branding arrangements, under the supervision of Corinthia’s development arm Corinthia Real Estate Ventures (C-REV) and its Managing Partners Marcus Pisani and Alex Chazkel. C-REV will also handle asset management and explore opportunities for future value creation.
Corinthia Group operates globally and includes investment, development and operating arms, principally focused on high end real estate projects and operations.
The Group announced last December that it had entered into a partnership with Kuwaiti-based conglomerate Action Real Estate Company to explore investment opportunities for luxury hotels and real estate at prime locations in the Americas and beyond.
More recently, Corinthia marked its entrance into North America as a hotel operator with the opening of The Surrey, A Corinthia Hotel in New York, which has been transformed into a signature property – featuring 100 guestrooms and suites and 14 private residences – bringing a new design and luxury experience to one of the most coveted addresses on the Upper East Side of Manhattan.
In other developments, the Group also recently completed the redevelopment of Brussels’ historic Grand Hotel Astoria following an extensive €150 million rebuild and restoration of the landmark property, and, last week, announced plans to operate a landmark 102-storey hotel and residential project under development in the heart of Dubai.
Financial
CFI Celebrated Women’s Month with Exclusive Suhoor Event

CFI Financial Group was honored to host last week a special Suhoor event in Dubai to celebrate Women’s Month and honor the incredible achievements of women in business and entrepreneurship. The exclusive event, which took place on March 13th, brought together a distinguished group of successful businesswomen, entrepreneurs, and media professionals for an inspiring evening designed to empower and connect women in the professional world.
The event featured a keynote by Carol Glynn, a renowned finance coach and chartered accountant, known for inspiring attendees to pursue sustainable careers and entrepreneurial efforts confidently. Glynn shared essential insights on empowering women to manage financial futures and advancing careers.
In addition to the keynote address, attendees were treated to a unique experience, as an illustrator designed personalized Ramadan keepsakes for each guest, adding a thoughtful and personal touch to the evening while celebrating the spirit of generosity during the holy month of Ramadan.
CFI remains committed to empowering women year-round by providing opportunities to grow, learn, and connect within their professional fields. This ongoing support helps women build sustainable careers and establish valuable networks, highlighting CFI’s dedication to fostering women’s advancement in business.
“We were thrilled to host this Suhoor event for Women’s Month and are proud to have fostered a space for learning and empowerment,” said Zarrin Baig, CFI’s Group Head of HR. “CFI is committed to financial literacy as a crucial tool for empowering women. We are grateful to our distinguished attendees for enriching our mission with their valuable insights, furthering our commitment to support women in their personal and professional growth, and building a more equitable future.”
The event was a resounding success, providing an evening of meaningful conversations, networking, and empowerment, reflecting CFI’s commitment to fostering an inclusive and supportive community for women.
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