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MEEZA QSTP
Company typePublic
QE: MEZA
IndustryInformation Technology (IT)
Founded2008; 15 years ago
HeadquartersDoha, Qatar
Website meeza

MEEZA QSTP (Arabic: ميزة كيو اس تس بي) is an IT provider founded in Qatar Science & Technology Park (QSTP). [1] [2]

The company has five Tier III certified data centres known as M-VAULTs, offering a guaranteed uptime of 99.98% built to comply with the international standards. [3] [4]

MEEZA's provides Data Centre Services, Managed IT services, Cloud Services, and IT Security Services, as well as Smart Cities Solutions[ clarification needed] and Artificial Intelligence (AI). [5]

MEEZA is a publicly quoted company on Qatar Stock Exchange main market. [6] [7]

History

MEEZA was founded in 2008 as Qatar Foundation joint venture providing Information Technology (IT) services. [8] The name MEEZA was derived from the Arabic word “Advantage”. [9]

MEEZA opened its first data centre M-VAULT in 2009, offering 99.98% availability. [10] In 2012, MEEZA has opened M-VAULT 3 data centre in the second quarter and M-VAULT 2 data centre in the third quarter. [11] The data centres have been designed to Uptime Institute Tier 3 standards, with 99.98% guaranteed availability. [12] [13] In addition, MEEZA was the first company in Qatar to have Security Operations Centre (SOC), enabling to mitigate digital and cybersecurity threats. [14] [15]

In 2021, MEEZA launched its fourth data centre, M-VAULT 4 hosting Microsoft cloud data centre. [16] [17] Later in 2022, MEEZA announced the launch of M-VAULT 5 data centre less than one year after the launch of M-VAULT 4 data centre to meet the increasing demand for data centres and cloud services. [18]

As of 2023, MEEZA is the first company to use the book building exercise for the Initial Public Offering (IPO) in Qatar. [19] [20] MEEZA shares were listed on the Qatar Stock Exchange main market from 23 August 2023. [21] [22]

References

  1. ^ Newspaper, The Peninsula (2023-03-20). "MEEZA expands managed services portfolio". thepeninsulaqatar.com. Retrieved 2023-11-14.
  2. ^ Atriss, Mourad. "MEEZA QSTP-LLC". Qatar Science and Technology Park. Retrieved 2023-11-14.
  3. ^ "MENA IPO EYE Q3 2023". www.ey.com. Retrieved 2023-11-14.
  4. ^ "News Details | Commercial Bank Financial Services". www.cbfin.qa. Retrieved 2023-11-14.
  5. ^ "MEEZA Quickly Scales Data Centre Capacity to Bring Important Cloud-Based Applications to the Middle East". www.vertiv.com. Retrieved 2023-11-14.
  6. ^ "MENA IPO EYE Q3 2023". www.ey.com. Retrieved 2023-11-14.
  7. ^ "News Details | Commercial Bank Financial Services". www.cbfin.qa. Retrieved 2023-11-14.
  8. ^ "Meeza to provide IT services to govt entities". Gulf Times. 2018-02-19. Retrieved 2023-11-14.
  9. ^ "Commercial Bank, Meeza renew IT tie-up". Gulf Times. 2013-12-22. Retrieved 2023-11-14.
  10. ^ "Meeza opens new data centre". www.tradearabia.com. Retrieved 2023-11-14.
  11. ^ "MEEZA to open two secure data centres". Gulf Times. 2012-03-07. Retrieved 2023-11-14.
  12. ^ "MEEZA to open two secure data centres". Gulf Times. 7 March 2012. Retrieved 13 November 2023.
  13. ^ "MEEZA announces two new data centres". Edge Middle East. 7 March 2012.
  14. ^ Tribune, Qatar (2022-11-07). "MEEZA, Darktrace partner to help customers meet cybersecurity challenges". Qatar Tribune. Retrieved 2023-11-14.
  15. ^ "MEEZA Awarded Additional ISO 9001:2008 & ISO 27001:2005 Certifications For Its Security Operations Center". www.press.qf.org.qa. Retrieved 2023-11-14.
  16. ^ "MEEZA reveals the launch of its 4th M-VAULT 4 Data Center building – Middle East & Africa News Center". news.microsoft.com. Retrieved 2023-11-14.
  17. ^ Steers, Sam (2021-11-29). "Meeza launches fourth data centre in Qatar". datacentremagazine.com. Retrieved 2023-11-14.
  18. ^ Nair, Arya M. (2022-10-17). "Qatar's MEEZA unveils its 5th data center building 'M-VAULT 5' at QSTP - GCC Business News". Retrieved 2023-11-14.
  19. ^ East, Forbes Middle. "Qatar's MEEZA To Sell 50% Of Capital In IPO In Aims To Raise Up To $250M". Forbes ME. Retrieved 2023-11-14.
  20. ^ "IT services firm to be Qatar's first to use book building for IPO". Reuters. 2023-01-09. Retrieved 2023-11-14.
  21. ^ Tribune, Qatar (2023-08-24). "Meeza shares list on QSE main market, gains 6% on debut day". Qatar Tribune. Retrieved 2023-11-14.
  22. ^ "إدراج أسهم "ميزة" في بورصة قطر اعتبارًا من 23 أغسطس الجاري". CNBC Arabia (in Arabic). Retrieved 2023-11-14.
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