Mai Barakat

___ Skip to Content Skip to Menu Skip to Footer By Deepa Kumar, Hanna Luchnikava-Schorsch, Mai Barakat, and Soon Chen Kang This is a thought leadership report issued by S&P Global. This report does not constitute a rating action, neither was it discussed by a rating committee. Highlights India is facing its most severe external economic shock since Russia’s invasion of Ukraine in 2022.

The United Arab Emirates has emerged as a regional business and technology center. This is being driven by strategic initiatives and the creation of free zones to entice international and local businesses, fostering a competitive market that propels growth in the datacenter sector. Many datacenter operators have expanded beyond colocation, becoming cloud service and digital transformation partners to local organizations.

Khazna Data Center has emerged as a pivotal player in the United Arab Emirates' digital infrastructure landscape. The company's commitment to innovation is exemplified by its latest development in Ajman, UAE, a 100-MW datacenter designed to be AI-ready, set to become operational by 2026. Beyond the UAE, Khazna is extending its reach into emerging markets, collaborating with Benya Group in Egypt and EcoCloud in Kenya.