MEEZA Secures Additional QAR 1.6 Billion Murabaha Facility to Fund Expansion of Data Centre Capacity to More than Triple Current Size – MEEZA

Funding Rounds

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

Sectors
No sectors detected
Functions
No functions detected

Linked Companies