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        Presidential candidate Farid Zahran casts vote in presidential election

        Presidential candidate Farid Zahran casts vote in presidential election

        Sisi casts his ballot in 2024 presidential election

        Sisi casts his ballot in 2024 presidential election

        Japanese scholar in pride of place in Egyptology

        Japanese scholar in pride of place in Egyptology

        Sisi casts his ballot in 2024 presidential election

        Sisi casts his ballot in 2024 presidential election

        Egypt’s 2024 presidential election kicks off

        Egypt’s 2024 presidential election kicks off

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        Arab-Islamic ministerial delegation urges Washington to pressure Israeli occupation toward immediate ceasefire

        Arab-Islamic ministerial delegation urges Washington to pressure Israeli occupation toward immediate ceasefire

        Abul Gheit appreciates countries sponsoring draft decision for Gaza ceasefire

        Abul Gheit appreciates countries sponsoring draft decision for Gaza ceasefire

        EDEX 2023 concludes with global praise

        EDEX 2023 concludes with global praise

        Egypt seeks to boost defence, military co-operation with world countries

        Egypt seeks to boost defence, military co-operation with world countries

        Washington voices concerns over cross-border exchanges between Israel, Hizballah

        Washington voices concerns over cross-border exchanges between Israel, Hizballah

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        NTRA imposes fine of LE20m on Telecom Egypt for service breakdown

        NTRA imposes fine of LE20m on Telecom Egypt for service breakdown

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        Meta starts encryption across Messenger, Facebook

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        WhatsApp introduces secret code feature

        Nutanix and Raya Data Center sign MoU to drive cloud uptake in Egypt

        Nutanix and Raya Data Center sign MoU to drive cloud uptake in Egypt

        Digital transformation is critical to fast-tracking energy transition and cutting industry emissions by 2030

        Digital transformation is critical to fast-tracking energy transition and cutting industry emissions by 2030

        Egypt Post achieves LE4.4b surplus in 2022-2023 budget

        Egypt Post achieves LE4.4b surplus in 2022-2023 budget

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          Mohamed Maghrabi appointed member of BM Lease Company board

          Mohamed Maghrabi appointed member of BM Lease Company board

          Int’l financial institutions promote for partnership with Egypt in “NWFE” at COP28

          Int’l financial institutions promote for partnership with Egypt in “NWFE” at COP28

          Egypt’s GASC to buy 420,000 tons of wheat from Russia

          Egypt’s GASC to buy 420,000 tons of wheat from Russia

          Chemical Exports Council seeks increasing exports by 20% in 2024

          Chemical Exports Council seeks increasing exports by 20% in 2024

          Military production min., Italian commander disucss cooperation issues

          Military production min., Italian commander disucss cooperation issues

          Molla: Agreement to be signed to lay down road map to cut methane emissions

          Molla: Agreement to be signed to lay down road map to cut methane emissions

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            US and Mexico submit bid to co-host 2027 women’s World Cup

            US and Mexico submit bid to co-host 2027 women’s World Cup

            Japan’s Sakamoto dazzles in Grand Prix

            Japan’s Sakamoto dazzles in Grand Prix

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            Japanese scholar in pride of place in Egyptology

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            Video: Chinese tourist invites others to visit Egypt

            Video: What do American tourists say about Egypt and the Gaza war?

            Video: What do American tourists say about Egypt and the Gaza war?

            Gov’t denies warning citizens not to go to hospitals ‎in case of feeling COVID19 symptoms

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          Home Technology

          Hisham Abdel Rasoul: Raya Information Technology experienced remarkable annual business growth of 85.8%

          “Regional Expansions for 2023: Bahrain, Kuwait, and Saudi Arabia Take Center Stage, with More on the Horizon for 2024”

          by Gazette Staff
          November 19, 2023
          in Technology
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          Raya Information Technology takes part in 2nd edition of CAISEC

          Eng. Hesham Abdel Rassoul, CEO of Raya Information Technology

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          Hisham Abdel Rasoul, the CEO of Raya for Information Technology, a subsidiary of Raya Holdings for Financial Investments, stated that the Information Technology sector within Raya Holdings, represented by Raya for Information Technology and its subsidiaries, including Raya Integration, Raya International Services, Raya Data Centers, and Raya Network Services, has achieved tangible growth in sales, expansions, and services by the end of the third quarter of the year. He also mentioned recent operational and expansion measures that positively impacted the company’s market share and position as a prominent player in the information technology sector in the region.

          Eng. Hesham Abdel Rassoul, CEO of Raya Information Technology

          This announcement was made during the Cairo International Technology Exhibition (Cairo ICT), the 27th edition organized by “Trade Fairs International,” taking place at the Egypt International Exhibition Center from November 19 to 22 under the theme “For a Better World.” The event gathered key players from the local and regional Information Technology sectors, both public and private.

          Abdel Rasoul highlighted, “We witnessed significant growth levels in the sectors that Raya for Information Technology contributes to compared to the previous year, with a total annual growth of 85.8% by September 2023. The annual sales for Raya for Information Technology reached approximately 4.088 billion Egyptian pounds by September 2023. The telecommunications sector, in which Raya has been investing for over a decade, experienced exceptional annual growth of 467% compared to the same period last year. Our market share in the ATM solutions field exceeded 54%, and we achieved a 44% annual growth in solutions tailored for the oil and gas sector.”

          Discussing regional contracts, Abdel Rasoul mentioned, “We value our productive collaboration with major governmental and private entities in the region to enhance digital transformation efforts. We aim for further expansion in serving regional markets. Raya is proud to undertake significant projects in various parts of the region, including Kuwait and Jordan.”

          He continued, “Our cloud services capabilities in the region expanded with the launch of a new cloud hub in Saudi Arabia, responding to the growing market needs and leveraging the accumulated experience from managing our current cloud center in Egypt. This is a step towards further expansion in establishing more cloud centers in the Gulf.”

          Regarding new partnerships, Abdel Rasoul stated, “Raya for Information Technology strengthened its business portfolio with additional partnerships with several influential entities in the global information technology market. In 2023, Nutanix joined our list of technical partners, and we established a strategic partnership with Software AG, one of the major players in global information technology.”

          Addressing internal development efforts, Abdel Rasoul mentioned, “Raya has made significant progress in enhancing its operational capabilities, supporting our future business. We inaugurated the third phase of Raya’s data center expansion with state-of-the-art electromechanical technologies, established a new unit for software development, and introduced a new center for Enterprise Resource Planning (ERP) support. Additionally, we successfully launched and operated our third data center in October City. We obtained the National Telecommunications Regulatory Authority’s license for certified data centers and cloud service providers. We also acquired and renewed various international certifications, including PCI, ISO 20000-1, ISO 27001, and FRA. We added a new cloud stack technology stack based on container technologies and open graph structures to our technology infrastructure.”

          Abdel Rasoul concluded, “The year 2023 was marked by global and regional awards for Raya for Information Technology, reflecting our efforts and the trust of our global and regional partners. Recently, we received the ‘Best Partner of the Year’ award at the Cisco Partner Summit in Europe, the Middle East, and Africa.  Earlier in the year, we received awards such as Diebold Nixdorf Best performing Partner in the Middle East 2023, Riverbed partner of the year 2023, Oracle middle market award (Top winning partner for winning the highest number of registered opportunities across EMEA) and “Above & Beyond” award for its extraordinary performance in the HCM domain. In addition, Raya has been selected to be part of Oracle EMEA partner advisory board.

           

           

           

          Tags: RAYARaya Data CentersRaya Holdings for Financial InvestmentsRaya Information TechnologyRaya IntegrationRaya International ServicesRaya Network Services
          Gazette Staff

          Gazette Staff

          We The Staff of The Egyptian Gazette are working throughout the day to cover the most important news in all fields for you.

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