MEEZA Secures Qr800mn Commodity Murabaha From Dukhan Bank Plans To Add MW In Data Centre Capacity

(MENAFN- Gulf Times) MEEZA, Doha's leading managed IT (information technology) services and solutions provider, has secured a QR800mn commodity murabaha facility from Dukhan Bank, marking a significant milestone in its growth journey.
This strategic financing will power MEEZA's bold expansion plans to add 44MW (mega watt) of data centre capacity.
The first phase alone will deliver 24MW, with 6MW purpose-built to support advanced AI (artificial intelligence) services, positioning MEEZA at the forefront of Qatar's digital and artificial intelligence infrastructure.
The long-term facility, structured under Shariah-compliant commodity murabaha principles, underscores Dukhan Bank's confidence in MEEZA's vision, operational excellence, and sustainable growth strategy.
The funding will enable MEEZA to strengthen Qatar's digital infrastructure, increase capacity for enterprise clients, and provide advanced cloud and cybersecurity solutions to meet the growing demand in both domestic and regional markets.
"Securing this facility from Dukhan Bank is a strategic milestone for MEEZA. It equips us with the financial strength to deliver one of the most significant data centre expansions in Qatar's history - adding 44MW of capacity, including 6MW purpose-built for advanced AI services," said Mohamed Ali al-Ghaithani, chief executive officer of MEEZA.
Ahmed I. Hashem, acting Group chief executive officer of Dukhan Bank said as a leading Shariah-compliant financial institution, it remains committed to enabling the growth of companies that play a vital role in advancing Qatar's economic diversification.

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