{"id":83906,"date":"2025-01-22T00:00:00","date_gmt":"2025-01-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/01\/22\/qatars-meeza-secures-qar-135-mn-for-data-center-expansion\/"},"modified":"2025-01-22T00:00:00","modified_gmt":"2025-01-22T00:00:00","slug":"qatars-meeza-secures-qar-135-mn-for-data-center-expansion","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/01\/22\/qatars-meeza-secures-qar-135-mn-for-data-center-expansion\/","title":{"rendered":"Qatar\u2019s Meeza secures QAR 135 mn for data center expansion"},"content":{"rendered":"

<\/strong>Qatar\u2019s <\/strong>Meeza lands financing for data center expansion<\/strong>:<\/strong> Qatari IT services and data center provider Meeza has secured a sharia-compliant Murabaha facility from locally-listed Dukhan Bank for QAR 135 mn to expand its data center capacity by 4 MW, according to a press release<\/a>. <\/p>\n

The rationale: <\/strong>The expansion aims to serve the increasing demand for AI, high-performance computing cloud services, and data security solutions in industries including financial services, healthcare, government, and smart cities. <\/p>\n

Previous projects: <\/strong>The data center provider inked a QAR 100 mn agreement in September<\/a> of last year to provide 1 MW capacity of its M-Vault data center through 2036 to an unnamed large international cloud service provider.<\/p>\n

About the company:<\/strong> Meeza \u2014 an IT and data center services provider active in Qatar and GCC \u2014 offers technology services, including managed IT Services, data center services, cloud services, and IT security services, according to its website<\/a>. It currently operates five Tier III certified data centers, with a guaranteed uptime of 99.98% built. <\/p>\n","protected":false},"excerpt":{"rendered":"

The 4 MW expansion aims to meet increasing demand for AI, high-performance computing, cloud services, and data security solutions<\/p>\n","protected":false},"author":1,"featured_media":83907,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[166],"tags":[65,110,165,708,153,709],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-83906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-ai","tag-data-centers","tag-debt-watch","tag-meeza","tag-qatar","tag-technology","wpautop","entry"],"acf":{"mongo_id":"0ba8dfd0-00e2-4f4b-8adf-073486aefaf6","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/6.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Qatar\u2019s Meeza secures QAR 135 mn for data center expansion","related_issue":[83901],"teaser":"The 4 MW expansion aims to meet increasing demand for AI, high-performance computing, cloud services, and data security solutions","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.7bb7942d-978c-4b03-98a3-52757cae3d56.mp3"},"yoast_head":"\nQatar\u2019s Meeza secures QAR 135 mn for data center expansion - 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