Dubai Internet City and Khazna Data Centres to build two data storage units

Dubai Internet City has teamed up with Khazna Data Centres, one of the largest data centre providers in the Middle East and North Africa, to establish two data storage centres in Dubai that will support enterprises by enabling the integration of technology across business functions.

The services will feature data centre pods designed by Khazna, which allow the rapid scaling of operations when required, offering partners long-term growth benefits, the companies said on Tuesday.

Businesses involved in 5G, smart city projects and cloud computing can also leverage the technology

“Building data centres and enhancing the overall technological infrastructure plays a key role in providing an investment-friendly environment," said Ammar Al Malik, managing director of Dubai Internet City.

"This agreement marks the next chapter in our commitment to supporting widespread digital transformation to increase our economic competitiveness globally well into the future," he said.

Demand for data centres has risen in recent years as the volume of digital data generated in the region surges exponentially. The UAE government is also carrying out a major programme of transforming the country into a smart nation, which requires secure cloud infrastructure and data storage across all industries.

The Mena region's data centre market is projected to grow at a compound annual growth rate of about 8 per cent and hit $5 billion by the end of 2026, a report by Arizton Advisory and Intelligence shows.

Rapid investments in new-generation 5G technology and its expansion across the region have led to the generation of a substantial amount of data, which, in turn, has further increased investments in data centres across the Mena region.