Middle Eastern telecom giant Ooredoo has rebranded its data center arm MENA Digital Hub, and now it will be known as Syntys, which will establish itself as a standalone entity specialized in the design, construction and management of data centers. Syntys has announced ambitious plans for investments and expansion as it aims to be a trusted partner for hyperscalers, AI-driven businesses and colocation wholesalers.
Having already received $552 million in funding from major Qatari banks last year, Syntys now wants to scale its data center capacity to more than 120 MW with initial capital of US$ 1 billion. The company’s existing substantial network of data center assets, strategically located across five markets, provides a significant competitive advantage.
“The launch of Syntys is key to driving the future growth of the MENA region, allowing it to harness the rising demand for digital services and accelerate technological innovation across critical industries,” said Sunita Bottse, CEO, Syntys. “As a trusted digital infrastructure partner, we empower both the private and public sectors with the essential resources needed to foster long-term digital transformation and sustained business success in today’s technology landscape.”
“Our data centers are designed to address the industry’s evolving needs, ensuring that our clients benefit from maximum flexibility while adhering to the highest standards of security and reliability. By aligning with regional initiatives, Syntys is positioned as a key enabler of digital transformation across the region,” said Saad Sabah Al-Kuwari, Chief Commercial Officer of Syntys.
Demand for digital infrastructure is surging in the Middle East driven by the rapid growth of Cloud Computing, Artificial Intelligence and a booming digital economy. Moreover, as governments in MENA increasingly prioritize localized Cloud Services and data sovereignty to strengthen digital infrastructure and support economic diversification, the demand for secure, scalable and compliant IT solutions continues to rise.
According to researchandmarkets.com, the Gulf Cooperation Council (GCC) data center market is expected to reach US$ 7.23 billion in investments by 2029, growing at a Compounded Average Growth Rate (CAGR) of 10.14 percent from US$ 4.05 billion in 2023.
Readers would recall that it recently partnered with Iron Mountain, a global company that provides information management and storage services. This partnership allows Syntys to leverage Iron Mountain’s deep expertise in hyperscaler data centers to enhance MENA’s capabilities as a digital hub and drive the growth of AI-enabled data centers in the region.