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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.
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BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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