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

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Gulf Data Hub or GDH, a UAE-based data center platform, announced Friday that funds affiliated with KKR & Co. Inc. (KKR), a leading global investment firm, will acquire a significant stake in GDH. This investment will be made through KKR's Global Infrastructure strategy.

Post transaction, KKR and GDH will commit to support over $5 billion of total investment to build-out data center capacity, supporting the significant rise in hyperscale demand, AI and digital-focused national priorities across the Gulf countries.

Founded in 2012 and headquartered in Dubai, GDH is an independent carrier and vendor neutral data center platforms in the Middle East.

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