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Reading: With 44 billion dirhams.. Asprofen Bank establishes 3 data centers in Dubai
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With 44 billion dirhams.. Asprofen Bank establishes 3 data centers in Dubai

This trend comes at a time when the global data center sector is witnessing an unprecedented boom

Last updated: 29/05/2026 3:48 pm
Sami Zarqa
BySami Zarqa
News Editor
A professional journalist and writer, he has worked in the media and visual journalism field for over 20 years. During his career, he has covered various...
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With 44 billion dirhams.. Asprofen Bank establishes 3 data centers in Dubai
The program is among the largest concepts proposed in the region (Image/Agencies)
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Highlights
  • strong surge
  • Capitalist efficiency

Dubai, UAE – Asprofen Bank Corporation intends to launch a large-scale sovereign program. To establish three large data centers in Dubai with investments amounting to $12 billion (44 billion dirhams). In a move that reflects accelerating global competition for artificial intelligence infrastructure, the UAE’s position strengthens as a regional hub for advanced technologies and the digital economy.

According to data issued by the company, the program is among the largest concepts proposed in the region, within the infrastructure dedicated to artificial intelligence. It aims to develop high-capacity complexes in the areas of Hatta, Jebel Ali, and the Mohammed bin Rashid Al Maktoum Solar Park. With a total operating capacity of between 750 and 1,280 MW, in phases extending from 10 to 15 years.

strong surge

This trend comes at a time when the global data center sector is witnessing an unprecedented boom.

JLL Global estimates that about 100 gigawatts of new capacity will be added globally between 2026 and 2030. With an investment value of approximately $1.2 trillion.

In the UAE, the local market continues to accelerate. With the data center sector expected to grow from approximately $2.38 billion in 2025 to $6.7 billion by 2031. With a compound annual growth rate approaching 18.8%.

Capitalist efficiency

The project also stands out from a capital efficiency perspective, as the company is adopting a scale-up standard model that aims to reduce construction costs to between $4 and $8 million per megawatt. Compared to an average of $10-$12 million in traditional centers. It exceeds $20 million in facilities with high energy density and advanced cooling systems. This means that costs can be reduced by between 30% and 65%.

Asprofen Bank attributes this efficiency to an engineering system that includes prefabricated computing units and advanced cooling technologies. In addition to direct integration with high-efficiency energy sources at project sites.

TAGGED:Asprofen BankDigital economyDubaiVoice Of Emirates
SOURCES:Voice of the Emirates
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