A new partnership between Qareeb and Pantheon aims to develop cutting-edge Bitcoin mining data centres in the GCC.
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| Qareeb and Pantheon join forces to roll out Bitcoin mining data centres across the GCC, boosting digital infrastructure in the region. Jim Niemeijer, Pantheon, & Annemarie van Zadelhoff, Qareeb Data Centres. Image: Qareeb |
Dubai, UAE — February 11, 2025:
Qareeb Data Centres, the Middle East’s first edge data centre provider, and Pantheon, a global Bitcoin mining service provider, have signed a Memorandum of Understanding (MoU) to establish a strategic partnership aimed at rolling out Bitcoin mining data centres across the GCC region.
Under this agreement, Qareeb will identify and secure sites adjacent to its own colocation facilities to accommodate Pantheon’s Bitcoin mining operations. Additionally, Qareeb will provide fully fitted and operational solutions, along with engineering, operations, security, and facility management services for Pantheon’s centres.
Annemarie van Zadelhoff, Chief Strategy Officer at Qareeb, highlighted the significance of the partnership, “Collaborating with Pantheon is an exciting step for Qareeb. Their innovative approach to Bitcoin mining aligns with our mission to deliver top-tier data centre solutions in the Middle East. Through our expertise in site acquisition, permitting, and operations, we will ensure Pantheon’s facilities are fully operational and supported 24/7.”
Nick van Houtrijve, COO and Founder of Pantheon, emphasized the expansion's strategic importance, “The GCC region presents a significant growth opportunity for Bitcoin mining. Our partnership with Qareeb allows us to establish a strong presence in one of the world’s fastest-growing digital infrastructure markets.”
Jim Niemeijer, Head of Business Development at Pantheon, added, “By combining Qareeb’s regional expertise with our capabilities, we are creating a new benchmark for the future of digital finance and delivering strong value to our investors and clients.”
This collaboration marks a major milestone in advancing Bitcoin mining infrastructure in the Middle East, reinforcing the region’s role as a key player in the global digital economy.