Aug 25, 2025 | Posted by Abdul-Rahman Oladimeji
Meeza, a data center and IT firm in Qatar announced this week that it has secured a QAR 800 million ($219.3m) Commodity Murabaha bank facility from Dukhan Bank to fund its build-out. The financing will fund expansion plans to add 44MW of data center capacity. The first phase will deliver 24MW, with 6MW purpose-built to support advanced AI services.
Mohamed Ali Al-Ghaithani, Meeza CEO, said: “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 Center expansions in Qatar’s history — adding 44MW of capacity, including 6MW 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.”
Ahmed I. Hashem, acting group CEO 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.”
