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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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“AI Seal” Certification Now Required For Dubai Gov Partnerships
The new mandatory certification is designed to build trust in AI companies and create a reliable network of providers for government and public collaboration.
Dubai has introduced the Dubai AI Seal, a certification designed to establish trust in artificial intelligence (AI) companies and solutions. This initiative, directed by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister, aims to create a reliable network of AI providers which government entities and businesses can collaborate confidently.
Companies must now obtain the AI Seal to qualify for UAE or Dubai government contracts. The Dubai Centre for Artificial Intelligence (DCAI), which developed the certification, sees it as a competitive edge for companies looking to participate in key national projects. Once certified, businesses will be permitted to showcase the seal across their websites and marketing materials, signaling their credibility and dependability.
The evaluation process will consider six main criteria: the company’s services and operations, the number of employees specializing in AI, ongoing and future projects, as well as existing partnerships with public and private sector entities.
Khalfan Belhoul, CEO of the Dubai Future Foundation, which oversees the DCAI, commented on the initiative’s potential: “This initiative will help create powerful partnerships between the public and private sectors, locally, regionally, and globally. It will help drive new economic opportunities by leveraging AI to serve better the economy, society, and the future we aspire to”.
Also Read: Top Free AI Chatbots Available In The Middle East
The Dubai AI Seal’s goals include providing a clear framework for verifying AI providers, fostering business opportunities for AI companies, and acknowledging the industry’s strategic importance to Dubai’s economy. The initiative emphasizes AI’s role in driving economic growth, creating jobs, and strengthening collaboration between government bodies and technology firms.
All technology companies operating in Dubai and offering AI-related services or products are eligible to apply for the certification at no cost through the official website.
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