DFF - Aqaba Digital Hub (EBRD-56562)

Countries
  • Jordan
Geographic location where the impacts of the investment may be experienced.
Specific Location
Aqaba
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Nov 11, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
AL-MIRNAAH INVESTMENT AND DEVELOPMENT
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Communications
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 14.10 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 32.09 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ EBRD website

Updated in EWS Dec 13, 2025

Disclosed by Bank Nov 17, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the project consists of the provision of up to JOD 10.0 million senior secured loan to support the growth of Aqaba Digital Hub, a leading data centre, technology, fibre broadband connectivity, and subsea cable operator located in the city of Aqaba, Jordan. Through its infrastructure, Aqaba Digital Hub also provides various cloud and cybersecurity services to Jordanian and regional enterprises.

EBRD Loan proceeds will be directed towards expanding of Aqaba Digital Hub's existing data centre, both in the form of capital expenditure as well as settling short-term liabilities upon their respective maturities.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

Categorised B (ESP 2024). Environmental and Social (E&S) risks associated with refinancing a digital hub and data centre fit-out are site-specific and can be mitigated through Good International Practice.

Fit-out of the digital hub is mostly complete and the site is not located in an ecologically sensitive area nor are there specific social sensitivities, nevertheless, the Company has a Stakeholder Engagement Plan and community grievance mechanism established. Although outside of the scope of EBRD financing, subsea cables connected to the centre are subject to marine surveys and local environmental permits. The datacentre uses a non-water intensive cooling system and the building itself will meet LEED Silver standards monitored by a building management system. The site is also developing a health and safety management plan.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

A senior secured loan of up to JOD 10.0 million.

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

Al Mirnaah Investment and Development is a private Jordanian company based in Aqaba, focused on large-scale infrastructure projects, notably building a Tier III "Digital City"/Aqaba Digital Hub data center to boost Jordan's IT and digital connectivity. Established around 2019, it provides cloud, data recovery, hosting, and AI-ready services, aiming to become a regional connectivity hub. 

Aqaba Digital Hub ("the Group", "ADH") is a growing SME established in the Southern city of Aqaba, Jordan. The Group offers fibre broadband connectivity services including bulk internet to telecom operators, fibre-to-the-home/business (FTTx), and the hosting and construction of subsea cables. The Group also owns and operates the largest hyperscaler grade carrier-neutral, Tier III data centre in Jordan located in Aqaba. Through its infrastructure, ADH also provides various cloud and cybersecurity services to Jordanian and regional enterprises.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Al Mirnaah Investment and Development Client -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

No contacts available at the time of disclosure.

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html

How it works

How it works