Raya Holding Divests 42.9% Stake in Data Centers to Africa50 for $15 Million

Thu, 12 Dec 2024 - 01:17 GMT

The $15 million investment will help jumpstart construction on a new Tier III data center in Egypt, set to break ground in early 2025.

Data centers to consume 20 pct of world’s power by 2025: NTRA

Wed, 10 May 2023 - 06:38 GMT

Global reports predict that data centers are set to consume 20 percent of the world’s power by 2025, said Hosam El Gamal, CEO of the National Telecom Regulatory Authority (NTRA).