All News /
Corporate News
2025-08-25
Doha, Qatar – 25 August 2025: MEEZA, Qatar’s leading managed IT services and solutions provider, announced today that it has secured a QAR 800 million Commodity Murabaha bank facility from Dukhan Bank, marking a significant milestone in the company’s growth journey. This strategic financing will power MEEZA’s bold expansion plans to add 44 megawatts of cutting-edge data centre capacity. The first phase alone will deliver an impressive 24 megawatts, with 6 megawatts purpose-built to support advanced AI services, positioning MEEZA at the forefront of Qatar’s digital and artificial intelligence infrastructure. The long-term facility, structured under Sharia-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. Mr. Mohamed Ali Al-Ghaithani, Chief Executive Officer of MEEZA, stated: “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 44 megawatts of capacity, including 6 megawatts purpose-built for advanced AI services. This investment positions MEEZA at the forefront of the region’s digital transformation, enabling us to meet the growing needs of our clients while contributing to Qatar’s vision of becoming a leading hub for technology and innovation.” Mr. Ahmed I. Hashem, Acting Group Chief Executive Officer of Dukhan Bank, added: “We are pleased to support MEEZA’s strategic expansion, which aligns with Qatar’s vision of becoming a regional leader in digital infrastructure and technology innovation. As a leading Sharia-compliant financial institution, Dukhan Bank remains committed to enabling the growth of companies that play a vital role in advancing Qatar’s economic diversification.” This partnership contributes directly to the Qatar National Vision 2030, supporting economic development through investment in advanced technology infrastructure and the delivery of secure, innovative ICT services.