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Khazna Data Centers

Growth Score40DXBi Rank6Heat Score100

The foundational digital infrastructure partner powering the UAE's AI-enabled economy

PrivateAbu Dhabi, United Arab Emirates, Abu Dhabi201-500 employeeskhaznadatacenters.com
Prospect profiledata-centershyperscaledigital-infrastructureAI-infrastructureAbu-Dhabi
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Overview

Khazna Data Centers is a UAE-headquartered hyperscale data center operator with 30 live facilities across the UAE (673 megawatts of power capacity) and expansion underway into Saudi Arabia and other MENA markets. The company holds an estimated 73% share of the UAE data center market per multiple 2025 news reports, and in September 2025 secured a $2.62 billion, up-to-10-year credit facility from Abu Dhabi Commercial Bank (ADCB) and First Abu Dhabi Bank (FAB) to fund new hyperscale and AI-enabled facilities in Abu Dhabi, Dubai and Ajman. It positions itself around "Design, Build, Operate" services for digital infrastructure supporting cloud and AI workloads.

Total Funding

$2.6B

40

Growth Score

Steady

100

Heat Score

Trending up

Details

Operating Status
Active
Company Type
Private
Headquarters
Abu Dhabi, United Arab Emirates
Company Size
201-500 employees

Products & Services

Khazna Design-Build-Operate

Khazna's core service model: designing, constructing, and operating data center facilities across the UAE and internationally, combining engineering, sustainable infrastructure, and 24/7 operational management.

Khazna NexOps

A dedicated service line/brand for mission-critical data center operations management, led by Managing Director Bart Holsters, aimed at standardizing operational practices across facilities.

Thuraya Graduate Program

A graduate talent development program launched by Khazna to build next-generation data center engineering and operations talent.

People

Technology

No technology or web presence data on file yet.

Financials

$2.6B

Total raised

Funding rounds

Projects

AcquisitionAnnounced/Completed (reported by multiple outlets Feb 2025 and again referenced Feb 2026)

e& sells its stake in Khazna Data Centers to G42 for $2.2 billion

UAE telecom operator e& (formerly Etisalat) exited its stake in Khazna Data Centers, with the stake purchased by G42 for approximately $2.2 billion, ahead of MGX and Silver Lake taking minority positions. Reported announced around late February 2025 and referenced again regarding a further stake sale in February 2026.

$2.2B

Feb 26, 2025

Debt FinancingAnnounced

Khazna secures $2.6bn bank financing for expansion

Khazna Data Centers secured roughly $2.6 billion in bank financing to support its data center build-out and global expansion, reported in early September 2025.

$2.6B

Sep 5, 2025

Project LaunchAnnounced

Khazna enters Saudi Arabia with 200MW Dammam data center campus

Khazna acquired approximately 225,000 sq m of land in Dammam, Saudi Arabia to build a 200MW AI-ready, LEED Gold data center campus, marking its entry into the Saudi market, with Mohammed Bin Hassan named Country Head.

Dec 16, 2025

Project LaunchAnnounced

Khazna to build 100MW AI-ready data center near Ankara, Turkey

Khazna announced plans to build up to a 100MW data center at Başkent OIZ near Ankara, Turkey, designed to host AI and cloud workloads with sustainability features (low-GWP refrigerants, solar, adiabatic chillers, wastewater recycling), following UAE-Turkey strategic agreements worth over $50 billion signed in 2023.

Apr 30, 2025

PartnershipAnnounced

Khazna Data Centers and Eni partner on 500MW AI data center campus near Milan

Khazna partnered with Italian energy major Eni to develop a 500MW AI data center campus near Milan, Italy, part of Khazna's international expansion beyond the UAE.

Jul 11, 2025

PartnershipAnnounced

Presight and Khazna partner to revolutionize data centre operations

AI company Presight AI and Khazna Data Centers announced a partnership focused on applying AI to data center operations.

Oct 16, 2025

PartnershipAnnounced

Khazna and BEEAH joint venture partners with SCTA for Sharjah data centers

A Khazna-BEEAH joint venture partnered with the Sharjah Communications and Technology Authority (SCTA) to build data centers in Sharjah, UAE.

Nov 14, 2024

PartnershipAnnounced

UAE launches AI efficiency pilot across Khazna data centers with Phaidra and Agility

A pilot program applying AI-driven efficiency optimization (Phaidra) and Agility across Khazna's UAE data center portfolio was launched as part of national AI infrastructure efforts.

Feb 6, 2026

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