India's Satyam launches new facility in Egypt

BANGALORE, March 5 (Reuters) - Satyam Computer Services Ltd (SATY.BO), India's fourth-ranked software services exporter, said on Wednesday it had inaugurated a software development and support facility in Egypt to tap growing outsourcing business.

New York-listed Satyam (SAY.N), which specialises in business software and offers back-office services, said the centre would have 300 staff and serve customers in the Middle East, North Africa and European regions. (Reporting by Sumeet Chatterjee; Editing by Ranjit Gangadharan)