UAE operator Khazna Data Centers is expanding its footprint.

The company this week announced plans to expand operational capacity by more than 1GW over the next five years across the Middle East and Europe.

More than 400MW of new capacity will be delivered in key international markets, including Saudi Arabia, Italy, and others.

DXB9-Data Center Site-External Site
– Khazna Data Centers

“As the world enters an era defined by AI and digital economies, infrastructure is becoming the catalyst for national transformation. At Khazna, we are proud to be building the foundation layer for AI-native nations, combining regional leadership with global ambition,” said Hassan Alnaqbi, CEO of Khazna Data Centers. “Our expanded capacity roadmap reflects both the urgency and the opportunity ahead, as we partner with governments and enterprises to deliver resilient, sustainable infrastructure purpose-built for the next generation of compute.”

Khazna says it has 30 operational data centers, with more under construction. It merged with G42 and e&'s data center operations in October 2021, a deal that made Khazna the UAE’s largest data center provider. MGX and Silver Lake recently invested in the firm, with e& exiting its stake.

Domestically, Khazna is currently developing several new projects, including hyperscale facilities in Abu Dhabi, Dubai, and Ajman. Khazna is also delivering the infrastructure layer for Stargate UAE.

The company is also developing a 1GW site (two 500MW phases) outside Milan in Italy in partnership with Italian energy firm Eni. It is also developing a facility in Cairo, Egypt.

Khazna’s expansion plans are supported by a recently secured $2.6 billion financing facility, secured from Abu Dhabi Commercial Bank (ADCB) and First Abu Dhabi Bank.

Get a weekly roundup of MENA news, direct to your inbox.