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FINANCIAL NEWS
Egypt’s Raya IT signs USD14.9m data center’s deal
05 Nov 2015
(MENAFN) Egyptian Raya Information Technology recorded 25 percent sales progress over the first six months, according to latest reports.
The firm signed a contract with a state-run bank to build a data center and deliver infrastructure worth USD14.9 million, plus seeking to grow further in Africa.
Raya also will focus on providing solutions for the banking and communications sector, plus constantly evolving tech networks and communications centers.
“The company has contracted with Etisalat Egypt to construct a 1,000 sqm data Centre with 145 stalls at a cost of USD7.4 million,” said the firm’s CEO.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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