Meeza, a leading provider of managed IT services and solutions in Qatar, announced that it has secured a QAR 800 million Murabaha financing facility from Dukhan Bank, marking a significant milestone in the company’s growth journey.

This strategic funding will support Meeza’s ambitious plans to add an additional 44 megawatts of capacity to advanced data centers. The first phase will provide 24 megawatts, of which 6 megawatts will be dedicated exclusively to artificial intelligence services, cementing Meeza’s position at the forefront of digital infrastructure and artificial intelligence in Qatar.

This financing, structured according to Islamic Murabaha principles, reflects Dukhan Bank’s confidence in Meeza’s vision, operational efficiency, and sustainable growth strategy. The financing will enable the company to enhance Qatar’s digital infrastructure, increase customer capacity, and deliver advanced solutions in artificial intelligence, cloud computing, and cybersecurity to meet growing demand in local and regional markets.

Mr. Mohammed Ali Al Ghaithani, CEO of Meeza, said:

“This financing from Dukhan Bank represents a significant strategic milestone in Meeza’s journey, providing us with the financial strength to execute one of the largest data center expansions in Qatar’s history, adding 44 megawatts of capacity, 6 of which is dedicated to advanced artificial intelligence services. This investment solidifies Meeza’s position at the forefront of digital transformation in the region, enabling us to meet the growing needs of our customers and contribute to achieving Qatar’s vision of becoming a leading hub for technology and innovation.”

Mr. Ahmed Hashem, Acting CEO of Dukhan Bank, said:

“We are pleased to support Meeza’s strategic expansion plans, which align with Qatar’s ambition to become a regional leader in digital infrastructure and technological innovation. As a leading Shariah-compliant financial institution, we at Dukhan Bank are committed to enabling the growth of companies that contribute to driving economic diversification and digital transformation in Qatar.”

This partnership contributes to supporting Qatar National Vision 2030 by investing in advanced digital infrastructure and providing secure and innovative IT services and solutions, enhancing the competitiveness of the national economy.