MEEZA Secures Additional QAR 1.6 Billion Murabaha Facility to Fund Expansion of Data Centre Capacity to More than Triple Current Size – MEEZA
Summary
MEEZA secured an additional QAR 1.6 billion Sharia-compliant bank facility from Dukhan Bank to fund a major expansion of its data centre capacity in Qatar. The company plans to use the financing to accelerate projects including M-VAULT 6, M-VAULT 7, and M-VAULT 8. These developments should add about 44 MW of capacity and help MEEZA more than triple its current footprint to over 60 MW. The expansion will support growing demand from hyperscalers, enterprise customers, and government clients across cloud, cybersecurity, and AI infrastructure services.
Funding
Amount
$439.6M
Total raised
Date
July 31, 2026
Announcement date
Investors
-
Lead investors
Company
meeza.net
Funded company
AskAI Classifications
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Functions
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