11/03/2025 06:43 AST

With Qatar witnessing excessive demand for data centres, Meeza is scaling its infrastructure to meet the growing needs of enterprises, government agencies, and hyperscalers.

"Our upcoming data centre expansions will significantly enhance our capacity, efficiency, and artificial intelligence (AI) readiness, allowing us to support high-performance computing, machine learning, and sovereign cloud solutions," Mohamed Ali al-Ghaithani, chief executive officer, Meeza said in its 2024 annual report, which was recently presented before shareholders at the annual general assembly meeting.

With data centre demand in Qatar exceeding supply, Meeza is committed to aggressively scaling its infrastructure to meet the growing needs of enterprises, government agencies, and hyperscalers, he said.

Scaling data centre is one of Meeza's three key priorities that drive sustainable growth and long-term value creation.

Given that Meeza's data centre facilities are now fully utilised, it has begun the next phase of expansion to achieve the vision to enhance its data centre offering to support the country's ambitions, according to Meeza chairman Sheikh Hamad bin Abdulla bin Jassim al-Thani.

The company operates five certified data centres (M-Vaults 1, 2, 3, 4, 5), providing a total of 14MW of IT capacity, with expansion plans already underway to expand M-Vault 4 and advanced design phases in M-Vault 6 and M-Vault 7 to meet increasing demand from enterprises, government entities, and hyperscalers.

With digital transformation accelerating across sectors, Meeza is committed to expanding its secure, high-availability data centre footprint to support the increasing demand for computing power, data storage, and sovereign cloud solutions.

Meeza is investing in the expansion of its M-Vault data centre portfolio, increasing capacity to support high-growth workloads, the report said, adding the company is designing high-performance computing (HPC) environments into its new data centres, enabling AI training, machine learning, and data-intensive applications.

Meeza continues to provide secure, regulatory-compliant data centre colocation services, ensuring data sovereignty and local cloud adoption.

"Through these initiatives, Meeza is not only meeting Qatar's growing digital infrastructure needs but also reinforcing its role as a trusted partner for hyperscalers, enterprises, and government institutions," it said.

Stressing that AI is at the core of Meeza's future growth strategy, the board report said through Meeza.AI, the company is developing AI solutions that enhance automation, security, and data intelligence across its service offerings.

As businesses and governments continue to migrate towards cloud-first strategies, Meeza said it is committed to delivering secure, scalable, and high-performance cloud solutions that cater to enterprise, hyperscalers, and regulatory requirements.

Highlighting that Meeza has shown strong fundamentals and is in a favourable position to capitalise on global industry trends; the board said the combination of high-growth, high-margin, and defensive revenue streams makes it a compelling long-term investment.


Gulf Times

Huawei, Meeza sign 2 MoUs at MWC25 Doha, driving Qatar's digital leadership, economic diversification

04/12/2025

Meeza and Huawei have signed two strategic memorandums of understanding (MoUs) during MWC25 Doha to advance Qatar's national priorities in digital infrastructure, AI, and talent development.

Gulf Times

MEEZA signs over QR750mn data centre agreement to secure 6MW of data centre services

29/10/2025

MEEZA has 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 QR750mn to provi

Gulf Times

Meeza in QR350mn pact with global hyper-scaler; to utilise its 4MW data centre capacity expansion

02/07/2025

Meeza, Qatar's leading Managed IT services and data centres provider, has signed a strategic long-term agreement valued at more than QR350mn with a global hyper-scaler, marking a major milestone in i

Gulf Times

Ticker Price Volume
MEZA Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
QFLS 14.30 -0.02 (-0.14%)
ZHCD 15.30 0.00 (0.00%)
MERS 14.19 0.07 (0.49%)
BLDN 1.38 -0.01 (-0.72%)
MCCS 5.13 -0.02 (-0.39%)
Global Finance names KFH as 'Best Bank for Sustaining Communities in the Middle East'

24/04/2026

Kuwait Finance House (KFH) has been named "Best Bank for Sustaining Communities in the Middle East" by Global Finance magazine, as part of its Sixth Annual Sustainable Finance Awards, recognizing out

Kuwait Times

Dubai Taxi Company expands fleet with 600 new taxi plates

24/04/2026

Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, has acquired another 600 new licence taxi plates through the latest auction conducted by the Dubai Roads and

Trade Arabia

Emirates Islamic operating profit rises 7% to $299.52m in Q1

24/04/2026

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has reported an operating profit of AED1.1 billion ($299.52 million) for the quarter ending March 31, 2026, 7% growth o

Trade Arabia

ADCB delivered record Q1 profit before tax of $1bn

24/04/2026

ADCB, a leading UAE banking group, has delivered record profit before tax of AED3.781 billion in Q1'26, up 30% year on year, extending profit growth track record to 19 consecutive quarters.

Trade Arabia

Al Salam Bank sells its stake in Gulf African Bank

24/04/2026

Bahrain headquartered-Al Salam Bank has announced the sale of its 20.94% stake in Gulf African Bank, the largest Islamic Bank in Kenya.

The sale forms part of AL Salam Bank's broader group

Trade Arabia