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Saudi Arabia and UAE Drive Data Center Growth
S&P Global expects the data center market in the Middle East to grow significantly, with Saudi Arabia and the UAE adding between 2 to 3 gigawatts of IT capacity by 2030, accounting for over 80% of the regional share. Major projects include the UAE-American AI complex with a capacity of 5 gigawatts and Saudi projects reaching up to 6.6 gigawatts by 2034. The focus is on data localization, infrastructure, and energy. Despite geopolitical challenges, investments remain strong due to digital transformation trends and sovereign commitments, with measures needed to reduce risks such as deploying distributed data centers.
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