MEEZA QSTP (Arabic: ميزة كيو اس تس بي) is an IT provider founded in
Qatar Science & Technology Park (QSTP).
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.
MEEZA's provides Data Centre Services, Managed IT services, Cloud Services, and IT Security Services, as well as Smart Cities Solutions and Artificial Intelligence (AI).
MEEZA is a publicly quoted company on
Qatar Stock Exchange main market.
History
MEEZA was founded in 2008 as
Qatar Foundation
The Qatar Foundation for Education, Science and Community Development () is a state-led non-profit organization in Qatar, founded in 1995 by then-List of emirs of Qatar, emir Hamad bin Khalifa Al Thani and his second wife Moza bint Nasser Al-Miss ...
joint venture providing Information Technology (IT) services. The name MEEZA was derived from the Arabic word “Advantage”.
MEEZA opened its first data centre M-VAULT in 2009, offering 99.98% availability. In 2012, MEEZA has opened M-VAULT 3 data centre in the second quarter and M-VAULT 2 data centre in the third quarter. The data centres have been designed to Uptime Institute Tier 3 standards, with 99.98% guaranteed availability. In addition, MEEZA was the first company in Qatar to have
Security Operations Centre (SOC), enabling to mitigate digital and cybersecurity threats.
In 2021, MEEZA launched its fourth data centre, M-VAULT 4 hosting
Microsoft
Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The ear ...
cloud data centre. 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.
As of 2023, MEEZA is the first company to use the book building exercise for the
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...
(IPO) in Qatar. MEEZA shares were listed on the
Qatar Stock Exchange main market from 23 August 2023.
References
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Qatari companies established in 2008
Companies listed on the Qatar Stock Exchange
Companies based in Doha
Data centers
Qatari brands