What Khazna Data Centers does

Khazna Data Centers is the largest hyperscale wholesale data center provider in the UAE and the broader MENA region, operating 30 live data centers totaling approximately 650–673 MW of capacity with an estimated 70–73% UAE market share. The company is structured as a wholly-controlled subsidiary of G42 (Abu Dhabi-based AI and cloud group), with MGX and Silver Lake as additional strategic investors; e& divested its prior 40% stake to G42 for $2.2 billion in February 2025. Khazna's platform is organized around three integrated service modules — Design, Build, and Operate — supported by a proprietary modular pre-fabrication methodology that delivers facilities in roughly half the industry-standard time, adiabatic free cooling achieving a PUE of approximately 1.4 versus the regional average of 1.82, and Direct Liquid Cooling systems certified by NVIDIA to support Blackwell architecture workloads.

Khazna generates revenue primarily through long-term, quote-based wholesale hyperscale colocation contracts with cloud providers, AI companies, and government entities, complemented by managed services and an emerging AI-optimized managed hosting line in partnership with HPE. Major customers include Microsoft Azure (200 MW expansion within Microsoft's $15.2B UAE commitment), G42 (parent and anchor tenant), OpenAI, Oracle, NVIDIA, Cisco, SoftBank (via the Stargate UAE consortium), Presight, Eni, and UAE government ministries. The company launched Khazna NexOps in February 2026 as an AI-driven facility management and command-and-control platform, and holds industry-first certifications including the MENA region's first IDCA Grade 1, the world's first Zero Waste Certification (DXB8), and Uptime Institute Tier III across 22 of 30 UAE facilities.

Khazna is in a phase of aggressive geographic expansion beyond its UAE base, with active or planned facilities in Saudi Arabia (200 MW, Dammam), Italy (500 MW JV with Eni near Milan, first phase of a planned 1 GW program), Turkey (100 MW near Ankara), and reported plans for France, Egypt, Kenya, and Kuwait. The company secured a $2.62 billion debt financing facility from ADCB and First Abu Dhabi Bank in September 2025 — among the largest financing deals in MENA — to fund this expansion roadmap targeting more than 1 GW of additional hyperscale capacity by 2030.

Name

Khazna Data Centers

Legal name

Khazna Data Center Holdings Limited

Website

https://khaznadatacenters.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

51–100 employees

Short description

UAE-headquartered hyperscale wholesale data center provider operating 30 live facilities totaling approximately 650 MW across the UAE and expanding internationally. Serves cloud, AI, and sovereign customers (Microsoft, G42, OpenAI, Oracle, NVIDIA) with NVIDIA Blackwell-certified AI-optimized infrastructure.

Ownership category

akta.pro rank

Product category

Hyperscale Data Center Services

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Computer Storage Devices (3572), Electronic Computers (3571)

akta.pro primary industry

Hyperscale Data Center Campuses (Build-to-Suit) (HDABACAC)

akta.pro secondary industries

Modular & Prefabricated Data Centers (HDABACAH), Capacity Planning & Asset Lifecycle Management (HDABANAE)

Keywords

• Hyperscale data centers
• Wholesale colocation services
• AI infrastructure hosting
• Data center operations
• Managed hosting services

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Personnel, Supply Chain, Marketing or Sales

Revenue model

1. Wholesale Hyperscale Colocation: Long-term, large-capacity lease agreements with hyperscale customers (cloud providers, AI companies, governments) for dedicated space, power, and cooling. Khazna is the largest hyperscale wholesale data center provider in the region.
2. Managed Data Center Services: Operations, maintenance, and managed hosting services offered to clients, including AI-optimized managed hosting in partnership with HPE for AI workloads.
3. AI-Optimized Infrastructure Services: Premium-tier infrastructure services for AI workloads including GPU-ready capacity with liquid cooling, command-and-control management via Khazna NexOps, and integrated AI/IoT/digital twin facility management.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Khazna Data Centers designs, builds, and operates wholesale hyperscale data center facilities providing secure, energy-efficient colocation capacity to hyperscale cloud providers, AI companies, and governments. The company operates 30 live data centers with approximately 650–673 MW of capacity across the UAE and is expanding internationally into Saudi Arabia, Italy, and Turkey. Its portfolio is augmented by AI-optimized infrastructure (Direct Liquid Cooling, NVIDIA Blackwell-certified designs) and the proprietary Khazna NexOps AI-driven operations platform.

Product overview

Khazna Data Centers delivers a platform-plus-modules architecture organized around three core service modules — Design, Build, and Operate — that together deliver end-to-end hyperscale wholesale data center capacity across the UAE (30 live facilities, ~650–673 MW) and expanding international markets. The core Khazna platform is complemented by Khazna NexOps, an AI-driven mission-critical operations platform (launched February 2026 in partnership with Presight) that adds an automation and command-and-control layer to the Operate module. Industry-specific solution packages (Cloud Infrastructure Solutions and AI Infrastructure Solutions) wrap the core modules for hyperscalers and AI workloads, while flagship facilities such as the 100 MW QAJ01 AI-Optimized Data Center in Ajman, the 5 GW Stargate UAE AI Campus in Abu Dhabi (with OpenAI, Oracle, NVIDIA, Cisco, and SoftBank), and the 500 MW Eni-Khazna AI campus near Milan exemplify the platform's hyperscale deployment capabilities. Supporting programs include the Thuraya Graduate Program (talent development with IDCA), the IDCA Grade 1-certified service delivery framework, and integration with AlphaGeo (climate resilience analytics) and Phaidra (AI energy optimization) across the portfolio.

Differentiator

Problem solved

Functional benefit

Brands

• Khazna NexOps: Khazna's mission-critical data center operations platform and standardized operations framework, launched in February 2026, supported by an AI-optimized facility management solution and centralized command and control centre in Abu Dhabi.
• Thuraya (Graduate Program)

Products and services

• Khazna Hyperscale Wholesale Data Center Platform Wholesale hyperscale colocation platform operating 30 live data centers across the UAE with ~650–673 MW of energy-efficient capacity, delivering secure, scalable data hosting for hyperscalers, AI companies, and governments. Holds 70%+ UAE market share.
• Khazna NexOps AI-optimized mission-critical operations platform integrating AI, IoT, and digital twin technologies for centralized facility management and command-and-control across Khazna's data center portfolio. Built on a long-term partnership with Presight.
• Design Service Engineering of advanced hyperscale data center facilities combining cutting-edge infrastructure with sustainable innovation, including scalable modular designs, LEED Gold adiabatic cooling, multi-layered security architecture, and high-performance connectivity for both enterprise and high-density AI workloads.
• Build Service World-class modular pre-fabrication construction of data centers with stringent security, efficient systems, and uninterrupted connectivity. Recycled 80% of construction waste, achieved 9 million construction working hours without a lost-time injury, and delivers award-winning LEED Gold facilities like AUH6 and DXB2.
• Operate Service Operational management of data centers with industry-leading uptime, robust redundancy frameworks, and agile processes. Leverages data-driven optimization, AI solutions for monitoring/management/maintenance, and continuous improvement culture to maintain world-class workforce skills.
• Cloud Infrastructure Solutions Hyperscale cloud infrastructure with PUE of ~1.4, well below regional norms. Modular standardized builds enable rapid deployment, advanced adiabatic free cooling ensures high performance in the Middle East, every facility exceeds Tier III standards with N+1 redundancy, intelligent management systems, and carrier-neutral connectivity.
• AI Infrastructure Solutions AI-optimized infrastructure supporting megawatt-scale deployments with configurable high-density racks and N+1 or N+N redundancy. Features Direct Liquid Cooling (DLC) and liquid-to-rack systems for GPU/CPU heat management, dark fiber routes, carrier-neutral connectivity, and direct on-ramps to major hyperscalers. AUH6 retrofitted from cloud to AI with a leading PUE of 1.4.

Quantifiable outcome

• 70% energy savings through adiabatic free cooling versus traditional methods
• +6 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability9 records

Feature8 records

Partnerships

15 partnerships are on record, tiered core, flagship and minor.

• PresightcoreTechnology or Integration · 11 February 2026Long-term contract signed February 2026 for Presight to deploy an AI-optimized facility management solution and centralized command and control center in Abu Dhabi, supporting the launch of Khazna NexOps.
• UAE Ministry of Energy and Infrastructure + AgilitycoreGTM or Marketing Partner · 9 February 2026Pilot project announced at World Governments Summit (February 2026) to deploy Phaidra's AI technology for optimizing power, cooling, and workload management across UAE data centers and district cooling operations. Builds on a previously signed MoU between the Ministry and Agility.
• OpenAI, Oracle, NVIDIA, Cisco, and SoftBankflagshipStrategic or Co-development Partner · 1 January 2026Stargate UAE consortium developing a 19.2 sq km AI campus in Abu Dhabi consuming up to 5 GW of power, with first phase expected in Q3 2026. Khazna is delivering the infrastructure layer alongside these global technology partners.
• BEEAH DigitalcoreStrategic or Co-development Partner · 9 December 2025Joint venture between Khazna Data Centers and BEEAH Digital launched Sharjah's first Tier III data center in September 2022 with 9 MW IT load capacity.
• AlphaGeocoreTechnology or Integration · 6 November 2025Khazna deployed AlphaGeo's AI-powered platform (November 2025) for environmental and infrastructure resilience analytics across its entire portfolio. The platform supports engineering, ESG, and finance teams with climate risk assessments aligning with UAE's Net Zero 2050 strategy.
• MicrosoftflagshipStrategic or Co-development Partner · 5 November 2025Microsoft and G42 announced 200 MW expansion of data center capacity in the UAE delivered through Khazna, part of Microsoft's $15.2 billion UAE investment commitment (2023-2029). Includes export licenses for advanced NVIDIA GPUs, skilling commitment for one million people by 2027, and the Responsible AI Future Foundation.
• EniflagshipStrategic or Co-development Partner · 11 July 2025Joint venture signed July 2025 with Italy's Eni to develop a 500 MW AI data center campus near Milan in Ferrera Erbognone, Lombardy. The campus will be powered by Eni's low-carbon 'Blue Power' energy and forms the first phase of a planned 1 GW program in Italy.
• International Data Center Authority (IDCA)coreStrategic or Co-development Partner · 8 July 2025Strategic alliance signed July 2025 for IDCA to review and audit Khazna's operations against global standards covering design, services, cloud, and AI. Includes the Thuraya graduate program launched February 2026 to train next-generation data center talent.
• NVIDIAflagshipTechnology or Integration · 11 June 2025Strategic partnership announced June 2025 to develop AI factories across MEA. NVIDIA has certified Khazna's next-gen facility designs to support Blackwell architecture with future-proofing for Rubin. Khazna plans to build most future data halls at 50 MW and AI campuses up to 250 MW each.
• Hewlett Packard Enterprise (HPE)coreTechnology or Integration · 1 August 2024HPE partnered with Khazna in August 2024 to launch AI-optimized managed hosting services featuring direct liquid cooling solutions for AI workloads in the UAE.
• Masdar and EDFcoreStrategic or Co-development Partner · 1 October 2022Khazna partnered with Masdar and EDF in October 2022 to build a solar PV plant in Masdar City, supplying renewable energy to data center operations.
• Abu Dhabi Investment Office (ADIO)flagshipStrategic or Co-development PartnerJoint venture partnership with ADIO to support investment-driven growth and technological advancements in Abu Dhabi. Highlighted as a flagship partnership on the Khazna Partnerships page.
• PhaidracoreTechnology or IntegrationSeattle-based AI firm partnering with UAE Ministry of Energy, Khazna, and Agility to deploy AI technology for energy efficiency in data centers. Phaidra's AI agents orchestrate power, cooling, and workload management to achieve peak tokens-per-watt efficiency.
• Turner & TownsendcoreImplementation/ SI/ Consulting PartnerLong-term delivery partnership supporting Khazna's development of hyperscale and colocation data centres across the Middle East, providing project management and cost consultancy.
• du (Emirates Integrated Telecommunications Company)minorChannel Partner/ Reseller/ DistributorIdentified as a leading data center operator in the UAE. Carrier-neutral relationship via Khazna's facilities providing cross-connect and connectivity services.

Scale indicators14 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Gulf Data Hub: UAE-based hyperscale and enterprise data center operator with facilities in Abu Dhabi and Dubai — Khazna's primary in-country competitor for hyperscale and sovereign cloud workloads.
• Digital Realty Trust: Largest publicly-listed global hyperscale wholesale colocation provider (PlatformDIGITAL), with comparable multi-MW lease model, AI-ready builds, and carrier-neutral campuses — directly comparable to Khazna's wholesale hyperscale positioning and Stargate-grade capacity profile.
• GDS Holdings: Asia's leading carrier-neutral hyperscale data center operator (China and Southeast Asia), focused on AI-ready, high-density GPU deployments — directly comparable to Khazna's AI-optimized wholesale model and NVIDIA-backed Blackwell strategy.
• CyrusOne: US-headquartered hyperscale data center operator (now KKR/Global Infrastructure Partners-owned) with a comparable focus on large-footprint, AI-ready wholesale leases — a direct comp for Khazna's hyperscale wholesale and NVIDIA-grade AI deployments.
• EdgeConneX: Private global hyperscale and edge data center operator with deep AI/cloud-customer relationships (including NVIDIA reference designs) — directly comparable to Khazna's AI-first, customer-funded hyperscale build model.
• center3 (STC subsidiary): Saudi Telecom Company–backed hyperscale and submarine-cable data center platform (center3) — directly comparable to Khazna as a sovereign-aligned MENA hyperscale operator competing for the same regional AI workloads.
• QTS Realty (Blackstone): Hyperscale mega-campus data center operator owned by Blackstone, focused on AI/cloud wholesale leases — directly comparable to Khazna in business model, scale (>1 GW US portfolio), and AI-customer concentration.
• Chindata Group: Asia-Pacific hyperscale carrier-neutral data center platform with AI-optimized campuses — comparable to Khazna in wholesale hyperscale model and regional AI infrastructure focus.

Broad incumbents

• Equinix: Global colocation and interconnection leader (IBX fabric) with a broad portfolio spanning retail and hyperscale — overlapping with Khazna in carrier-neutral wholesale but operating across many more geographies and customer segments.
• NTT Global Data Centers: Global hyperscale and enterprise data center operator with strong Asia-Pacific and EMEA footprint, offering AI-ready, liquid-cooled capacity — overlaps with Khazna in cross-region hyperscale wholesale for AI customers.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/khazna_dc
• LinkedInlinkedin.com/company/khaznadatacenters
• Instagraminstagram.com/khazna_data_centers

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Khazna Data Centers