Egypt's Raya Holding has agreed to build New York-based technology firm GPX Global Systems' second data centre in Egypt, the two firms said on Tuesday.

The centre, to be built on Cairo's outskirts, will provide services such as data recovery for local and multinational companies and will cost from 150 million to 200 million Egyptian pounds ($27-36 million), GPX's president Nick Tanzi said.

Raya sells mobile handsets, runs call centres and provides outsourced IT services.- Reuters