UAE’s Khazna acquires land for 200MW Dammam data centre
10 December 2025
UAE-headquartered Khazna Data Centres has acquired a 225,000-square-metre land plot in Dammam to develop up to 200MW of artificial intelligence (AI)-ready data centre capacity.
The project is part of Khazna's plans to expand its operational capacity by more than 1GW by 2030, including 400MW of new capacity in Saudi Arabia.
Upon completion, it will mark Khazna’s first facility in the kingdom.
Khazna said the Dammam site will be built using modular architecture to allow rapid scaling and flexible rack configurations. The design will support high-performance workloads, including graphics processing unit clusters for cloud and AI hyperscale deployments.
Financial details and construction timelines have yet to be disclosed. However, large hyperscale data centres typically require about 18-24 months for initial delivery, with full 200MW developments completed in stages.
MEED understands that Khazna’s modular architecture will enable early phases to be accelerated, potentially bringing initial capacity online in just 9-12 months.
In parallel, Khazna has also appointed Mohammed Bin Hassan as its country head for Saudi Arabia.
Bin Hassan will oversee the launch of the Dammam development and lead Khazna’s broader growth strategy in the kingdom.
Khazna's focus to date has largely been on the domestic market, with 11 completed data centre projects, according to regional project tracker MEED Projects.
Two more projects in Turkiye and Egypt are currently in the pre-construction stages.
UAE projects
In September, MEED reported that Khazna had secured a $2.62bn financing facility with Abu Dhabi Commercial Bank and First Abu Dhabi Bank to fund its ongoing UAE and regional data centre projects.
The financing will support the development of two new data centres in Abu Dhabi, one in Dubai and the region’s first AI-enabled data centre in Ajman.
Khazna is also delivering the infrastructure layer for Stargate UAE, a major AI computing hub that will operate within the planned 5GW UAE-US AI campus in Abu Dhabi.
According to Mordor Intelligence, the Middle East and North Africa’s total data centre capacity is expected to double over the next five years.
In April, Khazna confirmed it had broken ground on two new data centre facilities – AUH4 in Mafraq and AUH8 in Masdar City, both in Abu Dhabi.
The two facilities will provide a combined 60MW of capacity and are due for completion in December 2026 and August 2026, respectively.
Construction works on the AI-enabled 100MW QAJ1 data centre in Ajman continue to progress, with the facility’s initial project phase due to be completed in December 2026.
The planned Tier 3 data centre project will cover an area of 100,000 square metres and will include 20 data halls, each with a capacity of 5MW.
Khazna Data Centres is also undertaking the construction of a data centre in Dubai Production City, as part of an expansion plan to have a total of 200MW.
The $408m project is in the bid evaluation stage, with the main contract yet to be awarded.
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The bid submission deadline is 26 February.
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Modon tenders Ras El-Hekma construction contracts
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Abu Dhabi-based developer Modon Holding has tendered several contracts as part of the first phase of development at Ras El-Hekma, a planned new city on Egypt’s Mediterranean coast.
MEED understands that the tenders were issued in January.
These include:
DP3 assets: covering 146 residential villas, 590 three-bedroom townhouses, 356 four-bedroom townhouses, a mall and other associated works.
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The signing ceremony was held at the Aqaba Special Economic Zone Authority headquarters in Aqaba on 5 February.
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Aqaba port handles about 80% of Jordan’s exports and 65% of its imports.
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In 2025, the terminal handled over 5.3 million tonnes of cargo and nearly 85,000 car equivalent units of Ro-Ro imports.
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The announcement followed AD Ports Group’s signing of a shareholders’ agreement in January 2024 between its digital arm, Maqta Gateway, and Jordan’s Aqaba Development Corporation regarding their existing joint-venture company, Maqta Ayla.
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Chinese firm wins Ceer automotive supplier park deal
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Beijing-headquartered Metallurgical Construction Corporation (MCC) has won a contract to undertake the steel structure works on the Ceer automotive supplier park in King Abdullah Economic City (KAEC).
The supplier park is located next to Ceer’s electric vehicle (EV) production facility in KAEC.
The automotive supplier park will include production and ancillary facilities for various suppliers and provide the material supply infrastructure for Ceer’s EV plant.
The facilities include:
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