Money and business in the Middle East.

Indicators

Debt financing announced

USD mn · one-off

Debt or trade-finance facilities the company or its lenders announced for it, in US dollars millions, as stated. Not equity, not a valuation and not a measure of capacity.

Methodology: Each facility keeps the date and lenders the release gives; "up to" amounts are marked as an upper bound as printed.

Core42

$550 mn (as announced May 2026)

Two HSBC structured trade-finance facilities (USD 240 million, completed February 2026; USD 310 million, completed May 2026); debt, not equity or valuation.

Core42·as announced May 2026·source dated 21 May 2026·updated 19 Oct 2026

DataVolt

up to $150 mn (as announced Jun 2026)

Debt financing of up to USD 150 million from four development lenders for the 12 MW Tashkent data centre.

Proparco·as announced Jun 2026·source dated 17 Jun 2026·updated 19 Oct 2026

Sources

  1. Core42 · core42.ai
  2. Proparco · proparco.fr