22-04-2025
Dubai: Du to build Dh2 billion data centre with Microsoft, Sheikh Hamdan says
Sheikh Hamdan bin Mohammed Al Maktoum, Dubai Crown Prince, has said that du has announced a Dh2 billion project with Microsoft.
The telecom operator will build a "massive, high-performance data centre", the UAE leader said.
Announced at during 'AI week' in Dubai, he said that this new investment will ensure the "UAE remains at the forefront of adopting and supporting the latest technologies, innovations, and digital services".
Earlier in January, Dubai-founded Gulf Data Hub said it will invest $5 billion (approximately Dh18.365 billion) towards solidifying the former's market leading position with global private equity firm KKR & Co.
Sheikh Hamdan then said, "This landmark investment, the first of its kind in the region, will expand data centre capacity in the UAE and the Middle East."