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UAE Data Center Firm Plans Saudi Push After Silver Lake Deal


Khazna, a data center developer in the United Arab Emirates, is planning a major expansion in neighboring Saudi Arabia as the oil-rich nations compete to power the artificial intelligence boom.

Khazna, a data center developer in the United Arab Emirates, is planning a major expansion in neighboring Saudi Arabia as the oil-rich nations compete to power the artificial intelligence boom. “We’re hoping to get at least 25% of market share there,” Hassan Alnaqbi, Khazna’s chief executive officer, said in an interview at the company’s Dubai headquarters.

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