The UAE has become a pivotal hub for digital infrastructure in the Middle East, marked by rapid advancements in data center development and AI technology integration. As businesses increasingly rely on cloud computing and big data analytics, the demand for robust, scalable data centers has soared, prompting significant investments in the sector.
The UAE government’s proactive approach in fostering an optimal environment for technology innovation includes policies that encourage data sovereignty, security, and sustainability.
On Friday, H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of the Board of Trustees of the Dubai Future Foundation (DFF) posted on his Linkedin about the KKR & Co.’s $5 billion investment in Gulf Data Hub, a Dubai-founded company driving technology innovation since 2012.
Sheikh Hamdan, said: “In April 2024, we launched the Dubai Universal Blueprint for Artificial Intelligence, a future-facing initiative to accelerate AI adoption, strengthen Dubai’s position as a global leader in emerging technologies, and build the infrastructure for this vital sector’s growth.”
He further added: “Today, we celebrate another historic milestone: global private equity firm KKR & Co.’s $5 billion investment in Gulf Data Hub, a Dubai-founded company driving technology innovation since 2012. This landmark investment, the first of its kind in the region, will expand data centre capacity in the UAE and the Middle East. We look forward to welcoming more partners as we advance Dubai’s digital capabilities and drive AI innovation. Dubai is the future, and the future is Dubai.”
