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Gulf Data Hub seals strategic partnership with KKR

DUBAI, 3 hours, 4 minutes ago

Gulf Data Hub, one of the largest independent data center platforms in the Middle East, has announced that the funds affiliated with leading global investment firm KKR will acquire a stake in the Dubai-based group. 
 
The investment, which is subject to customary regulatory approvals, is being made through KKR’s Global Infrastructure strategy.
 
The transaction marks one of the largest international investments into a UAE-founded and managed business in a fast-growing sector that benefits from high demand and major competitive advantages, reaffirming the UAE’s leadership in accelerating digital and AI capabilities.
 
Upon completion, KKR and GDH have committed to support over $5 billion of total investment to grow GDHs’ market leading position and to support its international growth plans through organic and inorganic strategies.
 
Commenting on the transaction, Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, who witnessed the signing ceremony in Dubai, said: "The UAE exemplifies visionary leadership, driving digital and AI capabilities to new heights. By transforming ambitious visions into the achievements we are witnessing today, it sets a global benchmark for innovation and progress."
 
"Through groundbreaking initiatives and strategic investments, the UAE is shaping a future where technology enhances lives, fuels economic prosperity, and unlocks boundless opportunities," he stated.
 
Al Olama pointed out that this milestone underscores the strength of the UAE’s digital economy, enhances the journey of growth, and aligns with the National Strategy for Digital Economy. 
 
Building on the momentum of 2024, marked by the launch of numerous data centres, it represents a strong start to 2025 and reaffirms the UAE’s dedication to strengthening its digital infrastructure. With an unwavering commitment to excellence, the UAE continues to lead, inspiring the world by advancing human potential and creating a smarter, more connected tomorrow, he stated.
 
Tarek Al Ashram, Founder and CEO of Gulf Data Hub, said: "Today marks a milestone in our growth journey as we welcome KKR, a global leader in digital infrastructure investing, as a strategic partner in our business. Over the past 12 years, GDH has grown into one of the most successful data center platforms in the region, supporting the business needs of sophisticated cloud and enterprise software customers."
 
"The strategic partnership with KKR will enable us to leverage their deep expertise, positioning us to achieve our pan-regional ambitions and deliver on our mandate of being a partner and provider of choice," he noted.
 
Tara Davies, Co-Head of KKR (Europe, Middle East and Africa) and Co-Head of European Infrastructure, said: "The Middle East is a fast-growing region for hyperscale deployment. With competitively priced and readily available sources of energy, an unmatched ability to serve as a gateway hub for Asia and Africa, and sustained government commitment to power the growth of the digital sector, we believe it is today one of the most attractive investment destinations for long-term capital."
 
She pointed out that the group's investment in GDH aligns with its conviction in digital infrastructure and enables the firm to leverage its global connectivity to drive value and accelerate the growth of a leading business in the region.
 
"It also reinforces KKR’s continued commitment to the Middle East, following our landmark investment in Adnoc Oil Pipelines as well our work with Etihad alongside Altavair AirFinance," she added.-TradeArabia News Service



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