Dubai, UAE, 26 March, 2025 – Khazna Data Centers is proud to welcome MGX and Silver Lake as new minority shareholders, alongside majority shareholder G42.
As part of this transition, e& has exited from its investment in Khazna while remaining a key business partner. e& has played a critical role in Khazna’s success to date and will continue to collaborate with Khazna in delivering AI-grade connectivity and advanced digital infrastructure solutions.
This new shareholding marks an exciting new chapter for Khazna, further strengthening its position as one of the fastest-growing networks of hyperscale data centers in the world.
Hassan Alnaqbi, CEO, Khazna Data Centers, said: “Our ambition is to enable the growth of artificial intelligence and digital economies by delivering data centers that are designed to handle the high-density computing requirements essential for the applications powering the future economy. With G42, and now the additional support of MGX and Silver Lake, two leading global investors, we are well-positioned to accelerate our global expansion plans and enhance our AI-optimized capabilities for a new, digitized world.”