ComputingInfrastructure

Khazna Data Centers Announces Major 1GW Expansion Across Middle East and Europe

UAE-based Khazna Data Centers has unveiled ambitious plans to expand its operational capacity by over 1GW across the Middle East and Europe. The expansion includes new facilities in Saudi Arabia, Italy, and Egypt, supported by a $2.6 billion financing facility from Abu Dhabi banks.

Khazna Data Centers, the UAE’s leading data center operator, has announced a massive 1GW expansion strategy that will significantly increase its footprint across the Middle East and Europe over the next five years. The ambitious growth plan comes as global demand for AI infrastructure reaches unprecedented levels, positioning Khazna as a key enabler of digital transformation across multiple continents.

Strategic Expansion Across Key Markets

BusinessStartups

Midas List Europe 2025 Opens Submissions For Top Venture Capitalist Ranking

Forbes has opened submissions for the Midas List Europe 2025, the definitive ranking of Europe’s top 25 venture capitalists. The data-driven list evaluates investors based on portfolio performance and significant exits across Europe and the Middle East.

Midas List Europe 2025 submissions are officially open through October 23, marking the ninth year of Forbes’ definitive ranking of the continent’s top venture capitalists. The prestigious list comes at a pivotal moment for Europe‘s venture ecosystem, with AI startups achieving billion-dollar valuations and major exits like Klarna’s $20 billion IPO reshaping the investment landscape according to recent analysis.

What Makes The Midas List Europe Unique