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Abu Dhabi’s Khazna Announces $250M Data Center In Egypt
The new facility will be built at Maadi Technology Park in Cairo and is expected to have an IT load capacity of 25 megawatts.
Abu Dhabi-based Khazna Data Centers, one of the largest operators of its kind in the Middle East, is planning an expansion into Egypt with a new $250 million data center.
The facility will be built at Cairo’s Maadi Technology Park and is expected to have a capacity of 25 megawatts of IT load. The expansion addresses underserved markets in the MENA region, Hassan Al Naqbi explained in a recent interview.
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“We realize that to become regional and global, we must step outside the UAE,” Al Naqbi noted. “Egypt is sitting in a very good geographical location between Europe and the Middle East, sort of a gateway between East and West. A country like Egypt with a huge population has a lot of potential”.

Khazna was created in a 2021 merger between the Etisalat Group and Abu Dhabi AI company G42. The company currently operates 12 data centers in the UAE. It plans to double this figure over the next few years and move into other MENA markets, including Saudi Arabia, Morocco, and Kuwait.
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Lebanon Ministers Meet Visa Over National Digital Payment Platform
Finance and technology ministers say a comparative study and roadmap will follow before any decision on adopting a model.
Lebanon’s finance and technology ministers met representatives from Visa last week to discuss a proposed unified national digital payment platform for government services, according to a readout from the Ministry of Finance.
The meeting brought together Finance Minister Yassin Jaber, Minister of State for Technology and Artificial Intelligence Kamal Shehadeh, a Visa delegation, and experts from both ministries. Discussion focused on whether Lebanon could establish a single platform through which citizens and institutions would pay taxes, fees, fines and other official transactions electronically, using mobile phones and other digital channels.
The Visa delegation presented examples from countries that have adopted unified government payment platforms, including the United Arab Emirates, Singapore, Estonia and Jordan. According to the readout, the examples were presented as having increased collection rates and expanded financial inclusion.
Talks covered settlement mechanisms, direct transfer to the treasury account, financial reconciliation, risk management, cybersecurity, fees, and an operational model that would involve the private sector. The parties agreed to continue technical and institutional consultations, prepare a comparative study, and develop an implementation roadmap before any decision on adopting a model for Lebanon.
Jaber said the Ministry of Finance had already enabled citizens to pay using credit cards and e-wallets through transfer companies, but described the proposed platform as a further step. He framed the development of electronic payment and collection systems as a priority within the ministry’s modernization plan.
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Shehadeh outlined the citizen-facing concept as a single mobile application through which users could settle obligations to ministries, government institutions and other bodies.
“The idea, in short, is that any citizen downloads an application on their mobile phone, through which they can pay all service obligations for all ministries, government institutions, or those owned by the Lebanese state, and others as well, as the platform is not limited only to state institutions,” he said.
Shehadeh added that the platform would not displace banks and money transfer companies that currently provide collection services to the state, calling it complementary to their work.
