Arabian Gulf Investment Holdings (AGI) and DanaCloud Sign Strategic MoU to Allocate Up to USD 50 Million Toward AI-Ready Modular Data Center and Cloud Infrastructure

Arabian Gulf Investment Holdings (AGI) and DanaCloud have announced the signing of a strategic Memorandum of Understanding (MoU), establishing a framework for collaboration on the development and deployment of next-generation, AI-ready modular data center and cloud infrastructure projects across the region.

The MoU was signed by H.E. Dr. Khalifa Saif Juma Saif Al Mehairbi, Chairman of AGI, and Mohamad Bahaedin, CEO of DanaCloud.

Under the agreement, DanaCloud will lead the design, construction, and operation of advanced data center and cloud infrastructure projects, along with their end-to-end enablement through its flagship cloud platform, DanaIX. DanaIX provides a unified, production-ready ecosystem spanning the full technology stack—from AI-ready modular data centers and physical infrastructure to cloud management systems, control panels, and enterprise-grade IaaS, PaaS, and SaaS services—ensuring clients receive fully operational solutions across infrastructure, platform, and application layers from day one.

As a forward-looking Emirati investment group, AGI will act as a strategic enabler within the partnership, supporting projects through investment alignment, strategic structuring, and regional market facilitation. With its institutional strength, long-term vision, and regional leadership, AGI is well positioned to help advance scalable, resilient, and sustainable digital infrastructure initiatives.

The parties will explore AI-ready modular data center and cloud infrastructure projects with a potential aggregate investment scope of up to USD 50 million.

The collaboration comes at a time of accelerating global demand for AI compute capacity and GPU-dense infrastructure, alongside limited availability of suitable data center space and power. As governments and enterprises intensify their investments in artificial intelligence, the shortage of AI-ready facilities has become a critical constraint. Modular data center architectures, integrated with advanced cloud platforms, are increasingly recognized as the fastest and most efficient pathway to unlocking scalable AI capacity.

By combining DanaCloud’s technical expertise in AI-ready modular data centers and integrated cloud platforms with AGI’s strategic leadership and regional enablement capabilities, the partnership aims to deliver future-ready AI and cloud infrastructure that is operational from day one, scalable by design, and deployable at speed.

H.E. Dr. Khalifa Saif Juma Saif Al Mehairbi, Chairman of AGI, said:

“At AGI, we are committed to supporting strategic initiatives that contribute to long-term economic resilience and technological leadership. AI-ready data centers and advanced cloud platforms are becoming foundational infrastructure for the region’s digital future. We are proud to collaborate with DanaCloud on initiatives that have the potential to deliver scalable, sustainable, and globally competitive infrastructure aligned with regional priorities.”

Mohamad Bahaedin, CEO of DanaCloud, said:

“We are honored to collaborate with Arabian Gulf Investment Holdings (AGI). DanaCloud brings deep technical capability—from AI-ready modular data center design to a fully unified cloud platform through DanaIX—while AGIbrings strategic vision, institutional strength, and regional leadership. Together, we aim to deliver fully enabled infrastructure that allows governments and enterprises to adopt advanced cloud and AI technologies with speed and confidence.”

Karl Simon, CEO of AGI, added:

“This MoU reflects a strong strategic alignment between AGI and DanaCloud. DanaCloud contributes execution depth and platform capability, while AGI supports initiatives through strategic insight and long-term planning. Together, we are laying the foundation for scalable and sustainable AI and cloud infrastructure across the region.”

The MoU establishes a collaborative framework for identifying, evaluating, and advancing projects that integrate AI-ready modular data centers, cloud platforms, and strategic investment—positioning both organizations at the forefront of the rapidly evolving AI and cloud infrastructure landscape.

About DanaCloud

DanaCloud is a cloud and data center company headquartered in South Korea, with an operational base in the UAE and ongoing regional expansion. The company specializes in high-performance cloud infrastructure, AI-ready modular data centers, and enterprise cloud platforms delivered through its flagship solution, DanaIX.

About Arabian Gulf Investment Holdings (AGI)

Arabian Gulf Investment Holdings (AGI) is an Emirati investment group focused on strategic, forward-looking initiatives across key sectors. AGI plays an active role in enabling large-scale projects through partnerships, investment alignment, and long-term value creation.