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Equinix to invest more than $100mln in new data centre in Dubai

by Tradinghow
November 1, 2023
in Forex News
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Equinix to invest more than 0mln in new data centre in Dubai
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US-headquartered global digital infrastructure company Equinix announced on Wednesday the opening of its third International Business Exchange (IBX) data centre in Dubai Production City, Dubai.

With an investment of over $60 million in the first phase, the new centre, which will be known as DX3, will provide 1,800 cabinets of capacity across two phases or a total footprint of 12,000 square metres, making it Equinix’s largest data centre in the region, the company said in a press statement.

The statement said the total investment in DX3 would be over $100 million when it is fully built out.

According to the statement, DX3 has been designed with a focus on innovation, which allows efficient power consumption with cutting-edge technologies in cooling, redundancy and scalability, and planned to be fully powered by 100 percent renewable energy.

“With the rising wave of AI-driven innovation in the UAE, we are excellently positioned to provide local businesses with the essential digital infrastructure,” said Kamel Al-Tawil, Managing Director, Equinix MENA.

The company’s Dubai campus, comprising DX3 and DX1 data centres, is its regional connectivity hub.    

(Editing by Anoop Menon) ([email protected])

Subscribe to our Projects’ PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.



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