{"id":83025,"date":"2024-12-11T00:00:00","date_gmt":"2024-12-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/12\/11\/raya-invests-a-usd-15-mn-in-raya-data-center\/"},"modified":"2024-12-11T00:00:00","modified_gmt":"2024-12-11T00:00:00","slug":"raya-invests-a-usd-15-mn-in-raya-data-center","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/12\/11\/raya-invests-a-usd-15-mn-in-raya-data-center\/","title":{"rendered":"Raya invests a USD 15 mn in Raya Data Center"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Raya Holding acquires investment for new data center in Egypt:<\/strong> Raya Holding for Financial Investments will invest USD 15 mn into Raya Data Center (RDC), a subsidiary of Raya Information Technology, to support building a Tier III data center in Egypt, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/raya-holding-announces-15mln-investment-in-raya-data-center-from-africa50-to-build-a-tier-iii-data-center-in-egypt-ttrl1aqv\" style=\"\" rel=\"noopener\">statement<\/a>. This financing will be made in combination with a USD 10 mn investment from Raya Information Technology. Construction is set to begin in early 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More about the data center: <\/strong>The data center is a strategic partnership between RDC and Africa50 in Egypt to drive the country's digital transformation and strengthen its role as a regional tech hub, the statement notes. The project is set to meet the region\u2019s increasing demand for advanced data capacity and cloud computing services. The capacity of the facility is unknown at this time.<\/p>\n<p><strong>SOUND SMART- <\/strong><strong>What is a tier III data center?<\/strong> A <a target=\"_blank\" href=\"https:\/\/phoenixnap.com\/blog\/data-center-tiers-classification\" style=\"\" rel=\"noopener\">tier III data center<\/a> has multiple distribution paths for power and cooling, and unlike tier I and II data centers, it does not require a total shutdown during maintenance or equipment replacement. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>This investment is in addition to USD 10 mn from Raya Information Technology, bringing the total ticket for this project to USD 25 mn.<\/p>\n","protected":false},"author":1,"featured_media":83026,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45],"tags":[110,49,44],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-83025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-data-centers","tag-egypt","tag-investment-watch","wpautop","entry"],"acf":{"mongo_id":"1341799c-0f3a-4fd8-9c9b-4fa7233a5b1c","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/1039.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Raya invests a USD 15 mn in Raya Data Center","related_issue":[83013],"teaser":"This investment is in addition to USD 10 mn from Raya Information Technology, bringing the total ticket for this project to USD 25 mn.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.ee14e306-6c46-4d86-88eb-67627c0edbbb.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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