Qatari data center firm Meeza has signed a hosting agreement with an undisclosed “global hyperscaler” to provide 4MW of capacity at its facilities.

The deal, which was completed for an estimated QAR 350 million ($96m), will last more than ten years and will see the unnamed hyperscaler utilize capacity from the company’s recently announced 4MW expansion across its Qatari data center footprint.

Commenting on the deal, Mohamed Ali Al-Ghaithani, CEO of Meeza, said: “This agreement reflects our firm commitment to enhancing digital capabilities across key sectors such as the government sector, financial services, education, healthcare, and smart cities. It also supports a wide range of advanced solutions in the areas of artificial intelligence, high-performance computing, cloud services, and cybersecurity.

“This collaboration stands as future evidence of Meeza’s strategic global position as a trusted partner and digital enabler for the world’s leading technology companies. We take pride in our pivotal role in driving Qatar’s digital transformation and contributing to innovation”.

Meeza has five data centers in the Gulf state, having launched its fifth in 2022. The M-VAULT 5 facility is located in the Qatar Science and Technology Park (QSTP) in Doha and was completed just a year after the inauguration of its fourth data center M-VAULT 4, also located in the technology park.

In 2023, the company announced the successful completion of an IPO, after floating 50 percent of the company’s issued share capital on the Qatar Stock Exchange, having announced plans to go public earlier that year.