KKR to Acquire Stake in Gulf Data Hub

Gulf Data Hub (GDH) and global investment firm KKR announced today that funds affiliated with KKR will acquire a stake in GDH, marking one of the largest international investments into a UAE-founded business.

This strategic partnership, subject to regulatory approvals, is made through KKR’s Global Infrastructure strategy.

The transaction highlights the UAE's leadership in advancing digital and AI capabilities, positioning it as a global hub for tech-driven innovation. KKR and GDH have committed over US$5 billion in total investments to support GDH’s growth, expanding its market leadership and international reach.

Omar bin Sultan Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, attended the signing ceremony in Dubai, emphasizing the UAE’s role as a global leader in digital transformation.

"This milestone underscores the strength of the UAE’s digital economy,"

he stated, highlighting the nation's commitment to innovation and progress, aligned with the National Strategy for Digital Economy.

Tarek Al Ashram, CEO of GDH, expressed enthusiasm about the partnership, noting KKR’s expertise would help the company scale its regional ambitions. KKR’s Tara Davies and Waldemar Szlezak also commented on the investment, stressing the Middle East’s potential for hyperscale deployment and digital infrastructure growth, particularly with the rise of AI and cloud computing.

This partnership not only strengthens GDH’s position but also reaffirms the UAE’s strategy to build world-class digital infrastructure, accelerating economic prosperity and innovation across the region.

News Source: Emirates News Agency