Meeza lands funds for data center expansions: Qatari IT services and data center provider Meeza has secured a QAR 800 mn shariah-compliant murabaha facility from Dukhan Bank to expand its data center capacity by 44 MW, according to a Qatar Stock Exchange disclosure. The expansion will add capacity specifically suited to meet rising demand for AI, advanced cloud, and cybersecurity services in Qatar and the wider region.

The expansion’s first phase will include 24 MW — 6 MW of which will be used to implement AI services. Meeza’s existing data centers are currently utilized at 97%capacity.

Meeza is expanding: The Qatari firm clinched QAR 135 mn in shariah-compliant financing to expand its AI-suited data center capacity by 4 MW earlier this year. Meeza also inked a QAR 100 mn agreement to provide 1 MW of capacity — from its 4 MW M-Vault4 data center — to a large, unnamed international cloud service provider until 2036. The company has completed nearly 75% of its M-Vault4 data center project, with a full launch scheduled for 1H 2026, according to the firm’s financial results.

Data center expansions buoyed the company’s top line for 1H 2025, which rose 5.1% y-o-y to QAR 189 mn on the back of a 7.1% surge in data center segment revenues. The firm saw its net income fall by 4.1% y-o-y to QAR 29 mn during the same period.

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