Category: News and Press Releases

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

Financial Summary

Looking at the financial performance, MEEZA’s Net Profit reached QR 66.5 million in FY2025, representing a 10.1% (or QR 6.1 million) increase over the same period last year, with Earnings Per Share (EPS) of QR 0.10.  Net Profit Margin improved by 0.4 percentage points to 16.5%.

The Company achieved Total Revenue of QR 403.3 million, increasing 7.8% (or QR 29.0 million) year-on-year due to a growth in Data Center, Managed Services and Solution Services revenue.

Despite a one-off Data Center electricity adjustment in 2024, Gross Profit improved by 5.4% year over year, reaching QR 124.7 million and EBITDA improved by 3.8% to QR 127.9 million.

MEEZA maintained a healthy financial position with QR 126.2 million net cash, in addition to QR 2.9 billion in future committed contract value.

Based on these results, the Board of Directors of MEEZA has proposed a cash dividend of QR 55.2 million (i.e. QR 0.085 per share) subject to the approval of the Annual General Assembly.

Operational Highlights

 

The story of 2025 for MEEZA has been the growth of its Data Center pipeline.

• M-Vault 4: 4-megawatt expansion is on track to be delivered in H1 this year, with the additional capacity already sold.
• M-Vault 6: MEEZA’s flagship 24-megawatt Data Center campus in Um Garn is under construction with the first 6-megawatts planned to be operational by the end of 2027.
• M-Vault 7: The Company has reached the final stages of design for its 16-megawatt M-Vault 7 data center facility in Qatar Science and Technology Park and expect it to begin construction later this year.

MEEZA also entered into an agreement in December 2025 to acquire a majority stake in Black Arrow, a systems integration company specializing in security, audiovisual and operational technology systems operating in Qatar.

Commenting on MEEZA’s results, H.E. Sheikh Hamad bin Abdullah bin Jassim Al Thani, Chairman of the Board, said:

“The Company’s strategy and management efforts were reflected in its strong performance during the year, with Net Profit increasing by 10% compared to the previous year. MEEZA has commenced projects as part of its vision to become a leading IT and data center provider, supporting the State’s ambitions under Qatar National Vision 2030 and the Qatar Digital Agenda 2030. The Company intends to quadruple its current data center capacity over the next four years.”

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

“MEEZA continues its leadership journey in Data Center and Managed IT services across the Middle East and North Africa. The Company delivered outstanding results across its core segments, contributing to improved profit margins. We will continue to strengthen our Data Center capabilities to meet growing demand for artificial intelligence technologies, high-performance computing, cloud services, and cybersecurity solutions, both within Qatar and internationally, across key industries including financial services, healthcare, government, and smart cities.”

Strengthening Qatar’s digital infrastructure, AI innovation, and homegrown talent to build a resilient, future-ready economy

MEEZA, Qatar’s leading end-to-end managed IT services and solutions provider, and Huawei have signed two strategic MoUs during MWC25 Doha to advance Qatar’s national priorities in digital infrastructure, AI, and talent development. The agreements demonstrate how private-sector innovation can support the country’s vision for economic diversification, technological leadership, and long-term resilience.

The MoUs aim to deepen collaboration in Private Digital Infrastructure and AI services, and to launch a National Training Program to cultivate local expertise in emerging digital fields. By enabling Qatar’s private sector to lead innovation and adopt advanced technological solutions, Huawei and MEEZA aim to strengthen the country’s digital foundations, foster homegrown talent, and enhance national competitiveness.

“This partnership with Huawei reflects our continued commitment as a leading IT Service provider to support Qatar’s digital transformation and economic diversification,” said Mr. Mohamed Ali Al-Ghaithani, Chief Executive Officer of MEEZA. “Building strong local capabilities in advanced technologies is essential for long-term national progress. Through these initiatives, we aim to empower local talent, accelerate innovation, and contribute to a technology ecosystem that benefits the entire country.”

Mr. Rico Lin, President of Huawei Gulf region, emphasized the strategic significance of private-sector engagement in national initiatives: “Huawei is proud to partner with MEEZA to advance Qatar’s digital agenda. Strengthening in-country infrastructure, AI capabilities, and local expertise is critical for fostering a knowledge-based economy, reducing reliance on hydrocarbons, and supporting sustainable growth. This collaboration reflects our commitment to building resilient, future-ready digital ecosystems that will underpin the country’s economic and technological ambitions.”

As global digital transformation accelerates, the MoUs highlight the essential role of private companies in complementing national strategies. By jointly exploring advanced technologies, AI-driven solutions, and localized platforms, Huawei and MEEZA aim to create robust, adaptable digital ecosystems that meet evolving technological demands and drive innovation across multiple sectors.

Through these agreements, Huawei and MEEZA reaffirm the private sector’s vital role in empowering Qatar’s national vision, strengthening critical digital infrastructure, enabling advanced technological capabilities, and nurturing local talent to lead the country’s digital future. By boosting private-sector engagement in strategic digital initiatives, these partnerships support Qatar’s long-term economic resilience, help diversify the national economy, and contribute to realizing the country’s Vision 2030 objectives, ensuring sustainable growth, innovation, and prosperity across multiple sectors.

 

MEEZA, Qatar’s leading Managed IT Services and Solutions provider, and Naufar,  a specialised substance use treatment and rehabilitation, have renewed their strategic partnership. The renewed collaboration marks a significant milestone with the introduction of advanced software platforms and technology infrastructure management services leveraging Artificial Intelligence (AI) designed to enhance healthcare delivery, optimize operations, and advance research in mental health and personalized care.

Building on a successful partnership that established a secure and future-ready IT foundation, this new agreement highlights a joint commitment to leveraging AI-driven innovation. MEEZA, will support Naufar in implementing digital platforms, managed infrastructure, and AI-enabled applications such as GPU-as-a-service, designed to enhance clinical workflows, research capabilities, and data-driven decision making, ensuring in-country compliance, security, and agility

Through this renewed partnership, Naufar is set to advance its digital transformation journey by integrating Artificial Intelligence across its clinical and operational systems. The collaboration will enable personalized patient care through advanced analytics, predictive modeling, and precision medicine solutions. It will also strengthen clinical decision-making with AI-assisted tools for diagnosis, treatment planning, and recovery management, while enhancing efficiency and productivity through intelligent workflow automation and optimized resource utilization. In addition, AI-driven insights will enrich research in mental health, providing a deeper understanding of treatment outcomes and long-term recovery patterns.

Mr. Saleh Al Muhanadi, Acting Chief Excetive Officer & Chief Operation Officer of Naufar, stated:

“At Naufar, we continuously seek to integrate innovation and technology in ways that directly enhance the quality and personalization of care we provide. Our renewed partnership with MEEZA marks a pivotal step in this journey, further strengthening our commitment to elevating patient care and streamlining operations through the strategic use of AI and digital transformation.”

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

“Our strengthened partnership with Naufar reflects MEEZA’s mission to drive digital transformation in Qatar through AI, Cloud, and Cybersecurity. By harnessing the MEEZA services and AI capabilities, we are enabling Naufar to lead in applying next-generation technologies in healthcare to create smarter, safer, and more effective solutions for patients and clinicians alike.”

The renewal of this agreement underscores MEEZA and Naufar’s shared vision of using digital innovation—particularly Artificial Intelligence—to revolutionize healthcare in Qatar. This milestone signing ceremony is not only a continuation of a trusted partnership but also a bold step into the future, where AI becomes the driving force behind improved patient outcomes, advanced research, and operational excellence.

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.