News Column

Raya Networks Services to get LE 55 m for Etisalat data center infrastructure

June 16, 2014

Arab Finance: Raya Holding For Technology And Communications ( RAYA) announced that its subsidiary Raya Networks Services will design, implement & prepare Etisalat Misr's new data center infrastructure on turnkey basis for LE 55 m.

The company added, in a statement to the stock exchange, that the project started on 30 April 2014 and it expectes to finish it later this year.

The company recently announced, in a press release, that Raya Networks Services won the deal in February 2014 to build a state-of-the-art technology data center taking into consideration a number of strict parameters that were all achieved in a creative solution proposal.

Hesham Abdel Rassoul, Raya IT CEO, stated that "This project is one of the most important data center projects in Egypt to date in terms of size, complexity, updated technology, energy efficiency and monetary value. It also reflects the trust and confidence Etisalat Misr holds to Raya as a result of years of successful cooperation in mega-scale projects."

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Source: Arab Finance (Egypt)