Category: News and Press Releases

MEEZA, Qatar’s leading Managed IT Services and Solutions provider, has launched MAI, a unified AI platform that brings together the company’s advanced Next Generation Managed Services (MSNG) and GPU-as-a-Service (GPUaaS) capabilities to accelerate intelligent, sovereign digital transformation across Qatar.

The announcement of these major initiatives marks a milestone that will redefine the future of enterprise IT in the country. These advancements strengthen MEEZA’s position as Qatar’s digital infrastructure leader, supporting the nation’s vision for technological sovereignty, data protection, and AI-driven innovation.

Reimagining Managed Services with MSNG

Built on intelligent automation, real-time observability, and AI-powered analytics, MEEZA’s MSNG suite empowers organizations to chat with their data, files, and databases — literally. Clients can now query their infrastructure, assets, and operational insights in real time through interactive dashboards and natural language interfaces.

The platform seamlessly integrates with existing enterprise systems, enabling IT teams to detect, analyze, and resolve performance issues faster, while optimizing cost and compliance through intelligent insights.

Introducing GPU-as-a-Service for AI and High-Performance Computing (HPC) Workloads

Complementing the MSNG suite, MEEZA’s GPU-as-a-Service (GPUaaS) platform provides enterprises, developers, and researchers with secure, high-performance computing resources to power AI, machine learning, and other computationally intensive workloads.

Hosted and managed entirely within Qatar, this sovereign GPU stack ensures data residency and compliance with the nation’s classification frameworks, while offering customers the flexibility to scale workloads across local or global GPU environments.

Mr. Mohammed Ali Al-Ghaithani, Chief Executive Officer of MEEZA, said:

“MSNG marks a new era in managed services. It’s not just about monitoring — it’s about understanding and conversing with your IT environment in real time. We are helping our customers move from reactive to predictive operations. With GPUaaS, we’re bridging high performance with high assurance. Customers can now innovate with AI and HPC workloads confidently, knowing their data stays within trusted borders.”

Empowering Qatar’s Digital Future

These new offerings are part of MEEZA’s continuous investment in building a next-generation, sovereign cloud and digital infrastructure ecosystem in Qatar — enabling both the public and private sectors to accelerate digital transformation securely and efficiently.

MEEZA QSTP-LLC (Public) (“MEEZA” or “the Company”) announced its financial results for the nine months ended 30 September 2025.

Financial Summary

The Company achieved total revenue of QR 287.9 million, increasing 11.0% (or QR 28.5 million) year-on-year driven by the data centre and solutions segments’ performance.  Data Center revenue increased by 6.8% (or QR 7.4 million) year on year, reflecting MEEZA’s strategy to expand this growing segment.

MEEZA’s Net Profit reached QR 42.4 million in the period with Earnings Per Share (EPS) of QR 0.07 and a Net Profit Margin of 14.7%.

Operational Progress

As part of its ongoing expansion efforts, MEEZA has achieved 84% of the 4-megawatt expansion of its M-VAULT 4 Data Center. The facility is scheduled to launch in the first half of 2026. MEEZA’s existing data centers are currently operating at 97% capacity utilization, underscoring the strong demand for MEEZA’s premium digital infrastructure services.

 

 

MEEZA, Qatar’s leading Data Centre and Managed IT Services provider today announced the signing of a major agreement with a global hyperscaler, among the fastest-growing Cloud Service providers in the world to under a leasing agreement worth over QAR 750 million to provide an operational capacity of 6 Megawatts as phase one in Data Centre services.

This agreement represents a significant strategic step toward strengthening Qatar’s position as a regional hub for digital infrastructure and attracting Global Technology investments. The new Data Centre campus will provide the highest levels of reliability and efficiency, supporting the hyperscaler’s Cloud and AI workloads.

On this occasion, Mr. Mohammed Ali Al-Ghaithani, Chief Executive Officer of MEEZA, stated:

“Our collaboration with one of the world’s fastest-growing Cloud Service providers is a strong testament to MEEZA’s continued pivotal role — not only in accelerating Qatar’s digital transformation plans but also in reinforcing its position as a trusted destination for global investments, technology infrastructure, cloud computing, and digital transformation.”

Work is currently underway on the first phase, which will deliver 6 Megawatts of capacity dedicated to supporting cloud computing, artificial intelligence, and big data processing applications. The subsequent phases will expand progressively to reach a total capacity of 44 Megawatts in the coming years.

By combining MEEZA’s local expertise with the global reach of the leading hyperscaler, MEEZA is setting new benchmarks for excellence in the design, operation, and management of Data Centres providing world-class infrastructure that meets the highest international standards.

MEEZA, Qatar’s leading managed IT services and solutions provider, announced that it has secured a QAR 800 million Commodity Murabaha bank facility from Dukhan Bank, marking a significant milestone in the company’s growth journey. This strategic financing will power MEEZA’s bold expansion plans to add 44 megawatts of cutting-edge data centre capacity. The first phase alone will deliver an impressive 24 megawatts, with 6 megawatts purpose-built to support advanced AI services, positioning MEEZA at the forefront of Qatar’s digital and artificial intelligence infrastructure.

The long-term facility, structured under Sharia-compliant Commodity Murabaha principles, underscores Dukhan Bank’s confidence in MEEZA’s vision, operational excellence, and sustainable growth strategy. The funding will enable MEEZA to strengthen Qatar’s digital infrastructure, increase capacity for enterprise clients, and provide advanced cloud and cybersecurity solutions to meet the growing demand in both domestic and regional markets.

Mr. Mohamed Ali Al-Ghaithani, Chief Executive Officer of MEEZA, stated:

“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 Centre expansions in Qatar’s history — adding 44 megawatts of capacity, including 6 megawatts 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.”

Mr. AHMED I. HASHEM, Acting Group Chief Executive Officerof 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.”

This partnership contributes directly to the Qatar National Vision 2030, supporting economic development through investment in advanced technology infrastructure and the delivery of secure, innovative ICT services.

MEEZA QSTP-LLC (Public) (“MEEZA” or “the Company”) announced its financial results for the first six months ended 30 June 2025.

Financial Summary

The Company achieved total revenue of QR 188.6 million, increasing 5.1% (or QR 9.2 million) year-on-year due to higher data centre and solutions revenue.  Data Center revenue increased by 7.2% (or QR 5.2 million) year on year, reflecting the strategy to continue to expand this high-margin segment.

MEEZA’s Net Profit reached QR 28.7 million in the first half with Earnings Per Share (EPS) of QR 0.044 and a Net Profit Margin of 15.2%.

Compared to Q1 2025, total revenue in Q2 2025 increased by 19.9% to reach QR 102.8 million, while Net Profit in the same period increased by 18.5% to reach QR 15.5 million.

Excluding a material one-off benefit to cost of sales in last year’s financial results, Net Profit for the first six months increased by 22.0% (or QR 5.2m), with Net Profit margin expanding 2.1pp after removing this exceptional item.

Operational Progress

As part of its ongoing expansion efforts, MEEZA has achieved approximately 75% completion of the M-Vault 4 data center expansion project, with a capacity of 4 megawatts. The facility is scheduled to launch in the first half of 2026. MEEZA’s existing data centers are currently

operating at 97% capacity utilization, underscoring the strong demand for MEEZA’s premium digital infrastructure services.

MEEZA QSTP-LLC (Public) (“MEEZA” or “the Company”) announced its financial results for the first quarter ended 31 March 2025.

Financial Summary

MEEZA’s Net Profit reached QR 13.1 million in the first quarter, representing a 12.5% (or QR 1.5 million) increase over the same period last year, with Earnings Per Share (EPS) of QR 0.02.  Net Profit Margin for the period improved by 1.4 percentage points to 15.3%, driven by higher data center utilization and an increasingly rationalized cost base.

The Company achieved total revenue of QR 85.8 million, increasing 1.9% (or QR 1.6 million) year-on-year. Higher data center utilization and cost optimization led to a 2.4% increase in the Company’s gross profit versus last year, reaching QR 26.8 million, while EBITDA was consistent at QR 27.3 million for the period.

MEEZA maintained a healthy financial position with a cash balance of QR 233.8 million, in addition to QR 1.6 billion in future committed contract value.

MEEZA, Qatar’s leading Managed IT Services and Solutions provider, is proud to announce that it has successfully achieved two additional prestigious international certifications: ISO 27701:2019 Privacy Information Management Systems (PIMS) and ISO 27017:2015 Cloud Security Controls. These certifications reaffirm MEEZA’s continuous commitment to upholding the highest standards of data privacy, information security, and Cloud Security for its clients and partners.

ISO 27701:2019 serves as an extension to the ISO 27001 standard, providing a framework for organizations to establish, implement, maintain, and continually improve their Privacy Information Management Systems (PIMS). This certification demonstrates MEEZA’s robust privacy governance and risk management processes, particularly in managing Personally Identifiable Information (PII). It further ensures compliance with global privacy regulations such as the General Data Protection Regulation (GDPR), offering clients the assurance that their data is protected with the strictest privacy standards.

Additionally, MEEZA obtained the ISO 27017:2015 certification, which provides enhanced Cloud-specific controls based on ISO/IEC 27002. This standard addresses the unique risks and challenges associated with Cloud environments, ensuring that MEEZA’s Cloud Services and infrastructure adhere to globally recognized security practices.

Both certifications were awarded by SGS, an internationally accredited certification body, further reinforcing the credibility and trustworthiness of MEEZA’s information security and cloud operations.

This achievement represents a significant milestone in MEEZA’s ongoing journey to solidify its position as a trusted partner in the realms of data privacy and cloud security. It underscores the company’s unwavering commitment to delivering secure, dependable, and compliant digital solutions that align with the highest international standards and best practices.

With these new certifications, MEEZA further enhances its portfolio of security credentials, including the existing ISO 27001 certification, and continues to empower organizations across sectors such as government, healthcare, finance, and education in Qatar and beyond with secure and compliant IT and cloud services.

 

MEEZA QSTP-LLC (Public) (“MEEZA” or the “Company”) held its
Ordinary General Assembly Meeting on Tuesday, 4th March 2025 chaired by MEEZA Chairman, Sheikh Hamad Bin Abdulla Bin Jassim Al-Thani.

The outcome of the Ordinary General Assembly Meeting was the approval of all resolutions on the
agenda including the Board of Directors proposal to distribute a cash dividend of 8% of the nominal
share value, i.e. QR 0.08 per share.

The meeting also covered the Board of Director’s report detailing the Company’s activities and its financial position for the financial year ended 31 December 2024.

The shareholders reviewed and endorsed the external auditor’s report on the Company’s Accounts for the financial year ended 31 December 2024 and the external auditor’s reports on the Company’s corporate governance and internal controls over financial reporting. It was also approved unanimously that PwC be re-appointed as the Company’s auditors for the financial year 2025, in addition to approving their fees.

The shareholders approved the consolidated financial statements of the Company for the financial year ended 31 December 2024 and the Corporate Governance Report of the Company for 2024. Moreover, there was unanimous agreement to discharge the members of the Board from all liabilities and approve their remuneration.

Addressing the shareholders, Sheikh Hamad Bin Abdulla Bin Jassim Al-Thani said: “MEEZA has continued to demonstrate resilience and excellence in delivering world-class IT solutions, reinforcing our position as the preferred partner for digital transformation in Qatar and beyond. Winning the Best ICT Service Provider award at the Qatar Digital Business Awards for two consecutive years (2023 & 2024), in addition to the Best Cloud Solution Award of the year 2022, is a testament to our unwavering commitment to innovation and service excellence. Our performance this year reflects the trust and confidence of our valued shareholders and stakeholders.”

He continued: “As we embark on the next phase of our journey, we remain dedicated to expanding our data center capabilities, investing in cutting-edge technology, and driving sustainable growth. We look forward to another year of success, collaboration, and impact as we contribute to Qatar’s vision for a digitally empowered future.”

In line with the company’s Article of Association, Mr. Mohammad Ali Alghaithani, the Chief Executive Officer, has been elected as a Board Member representing the employees.

MEEZA QSTP-LLC (Public) (“MEEZA” or “the Company”) announced its financial results for the year ended 31 December 2024.

Financial Summary

MEEZA’s Net Profit reached QR 60.4 million in FY2024, representing a 0.4% (or QR 0.2 million) increase over the same period last year, with Earnings Per Share (EPS) of QR 0.09.  Net Profit Margin for the period improved by 1.9 percentage points to 16.1% mainly driven by a revenue increase in the higher-margin segments.

The Company achieved total revenue of QR 374.2 million, declining 11.5% (or QR 48.7 million) year-on-year due to a decrease in low-margin Solutions services. Excluding Solutions services, revenue increased by QR 21.1 million or 7.3%, led by growth in the Data Center (8.1%) and Managed Services (11.8%) revenues.

Growth in high-margin revenue segments led to a 3.1% increase in the Company’s gross profit versus last year, reaching QR 118.3 million. EBITDA margin improved by 3.7 percentage points year-on-year to reach 32.9%, resulting in EBITDA for the period of QR 123.2 million.

MEEZA maintained a healthy financial position with a cash balance of QR 278.8 million, in addition to QR 1.6 billion in future committed contract value.

Based on these results, the Board of Directors of MEEZA has proposed a cash dividend of QR 51.9 million (i.e QR 0.08 per share) subject to the approval of the Annual General Assembly.

MEEZA’s current data center utilization stands at 96%. The Company recently announced a 4 Megawatts (MW) data centre capacity expansion as part of its strategic expansion efforts to meet the growing demand for cutting-edge digital infrastructure. Consequently, MEEZA has signed a Murabaha facility with Dukhan Bank for QAR 135 million, in alignment with the Company’s strategic growth objectives.

Commenting on MEEZA’s results, the Chairman of the Board of Directors, Sheikh Hamad Bin Abdulla Bin Jassim Al-Thani, said:

“We are pleased to announce MEEZA’s continued strong performance during 2024. We are excited about the future, where we will begin our next phase of expansion to achieve MEEZA’s vision to enhance its data centre offering and advance its capabilities in the fields of AI, cybersecurity, and high-performance computing, in line with the country’s ambitions under Qatar National Vision 2030 and Digital Agenda 2030.”

Mr. Mohamed Ali Alghaithani, MEEZA Chief Executive Officer, added:

“It was another successful year in MEEZA’s journey toward becoming a leading Data Center and Managed Services business in the Middle East and North Africa. The Company delivered growth in its main segments, driving our profitability margins. We continued our stellar quality of service across our service portfolio in line with the leading industry standards. We look forward to scaling our data centre capabilities to meet the growing demand for AI, high-performance computing, cloud services, and data security solutions in Qatar and beyond, and across various industries including financial services, healthcare, government, and smart cities.”