RSS KKR To Buy Stake In Gulf Data Hub, To Commit $5 Bln Investment In Middle East For Data Centre

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 RSS KKR To Buy Stake In Gulf Data Hub, To Commit $5 Bln Investment In Middle East For Data Centre

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Gulf Data Hub (GDH), based in the UAE, has announced that KKR & Co. Inc.—a prestigious global investment firm—will acquire a substantial stake in GDH. This strategic investment will be executed through KKR's Global Infrastructure strategy.

Following this transaction, both KKR and GDH are poised to commit over $5 billion towards expanding data center capacity. This expansion aims to meet the escalating demand for hyperscale facilities, as well as to support AI and digital national priorities within the Gulf region.

Established in 2012 and headquartered in Dubai, GDH serves as an independent carrier and vendor-neutral data center platform in the Middle East.

The material has been provided by InstaForex Company - www.instaforex.com
 
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