US Edition10 Articles
10 Articles
KKR, Gulf Data Hub Partner to Scale $5B Middle East Data Center Platform - HostingJournalist.com
Photo: H.E. Dr Thani Bin Ahmed Al Zeyoudi and H.E. Omar Sultan Al Olama, presiding over the official signing of the strategic partnership between KKR and Gulf Data Hub by Tara Davies Co-Head of KKR EMEA and Co-Head of European Infrastructure and Tarek Al Ashram, CEO of Gulf Data Hub (GDH) KKR, a global investment powerhouse, has announced its intention to acquire a stake in Gulf Data Hub (GDH), one of the Middle East's largest independent data c…
KKR & Co. invests $5B in Dubai's Gulf Data Hub as city launches universal blueprint for AI leadership
Dubai is the future, and the future is Dubai, says Sheikh Hamdan. 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 appr…
KKR signs a $5bn Gulf data centre deal in Dubai
Partnership with Gulf Data Hub KKR affiliates take stake in GDH Sector due to reach $2.6bn KKR, the American investment giant, and the data centre platform Gulf Data Hub (GDH), based in Dubai, have signed a strategic partnership to invest $5 billion in data centres serving the Gulf. A joint press release on Friday said that funds “affiliated with KKR” will also acquire a stake in GDH, although it did not provide details about the acquisition. Th…
The US KKR fund will enter the capital of the emiratí Gulf Data Hub (GDH), one of the main data center platforms in the Middle East, and has signed an agreement to support investments of about $5 billion (about € 4.850 million) to increase the company’s capacity and thus support the increase in demand for this type of services in the region. The entry of KKR into the capital of GDH will be effected through affiliated funds of the North American …
Coverage Details
Bias Distribution
- 67% of the sources lean Right
To view factuality data please Upgrade to Premium
