UAE’s e& enterprise triples Serbia’s data center capacity to 40MW

UAE technology group e& enterprise has signed a deal with Serbia to triple the Balkan country’s data center capacity to 40 megawatts, marking the latest expansion in the Emirates’ global AI infrastructure push. The agreement represents part of a broader strategy by UAE-backed firms to establish digital infrastructure across Europe as growth slows in their domestic markets.

The big picture: The UAE is systematically building a global network of data centers and AI infrastructure through state-backed investment vehicles, with Serbia joining a growing list of European partnerships.

Key details: The Serbian deal builds on a series of recent European expansions by UAE entities.

• In July, e& enterprise and Mubadala Investment Co., another UAE investment firm, signed an agreement to explore data center projects in Hungary.
• Abu Dhabi-backed firms have secured additional digital infrastructure deals in France, Greece, and Italy.
• e& enterprise counts sovereign wealth fund Emirates Investment Authority as its largest shareholder.

Why this matters: The expansion strategy reflects how Gulf states are leveraging their financial resources to establish critical AI infrastructure globally, potentially positioning the UAE as a key player in Europe’s digital transformation.

Strategic context: The international push comes as UAE technology companies seek growth opportunities beyond their traditional markets, where expansion has slowed.