Raya Holding acquires 90% of Ostool for land transport
Raya Holding confirmed completing a successful acquisition of a 26.69 percent stake in Ostool company for land…
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Raya Holding
Egypt’s Aman aims to expand financial services across Saudi Arabia, Nigeria
Egyptian FinTech firm Aman Group, which is owned by Raya Holdings and the National Bank of Egypt (NBE), announced…
Raya officially signs anEGP490.7 mln agreement to sell BariQ to Intro Group
Raya Holding signed an agreement worth 490.7 million Egyptian pounds ($31.3 million) with Mamdouh Abbas’ Intro…
Raya Auto invests EGP 200 mln in local EV assembly over 3 years
Raya Holding’s automotive arm, Raya Auto, is investing 200 million Egyptian pounds ($12.7 million) in the local…
Raya’s E-payment arm, Aman, will offer stakes in EGX next year
Raya Holding's electronic payment arm, Aman for E-payment Services will finish formulating a plan for an initial…
Raya Holding’s unit receives consumer finance licence
Raya Holding for Financial Investments announced that its subsidiary Raya Electronics received consumer finance…
Raya closes EGP 562 mn securitized bond second offering
Raya Holding closes 562 million Egptian pound securitized bond sale with a weighted average yield of 10.78 percent…
NBE offers to buy minority stake in Raya’s Aman Holding
The National Bank of Egypt (NBE) has submitted an offer to Raya Holding to purchase a 20-25 percent stake in its…
Raya Holding is set to invest EGP 600m in 2020
Raya Holding for Financial Investment is considering pumping 600 million Egyptian pounds in investments during the…
EXCLUSIVE: Egypt’s Raya Holding mulls micro-insurance unit launch in 2020
Egypt’s Raya Holding for Financial Investments considers launching a new business unit focused on micro-insurance…
Raya Foods, 30 Egyptian firms to export 400k tonnes of strawberries
Raya Foods, a subsidiary of Raya Holding, has signed a deal with 30 companies to produce and export 40,000 tonnes…
Egypt’s Raya to launch assembly electric cars in H2-2020
Raya Auto, a subsidiary of Egyptian Raya Holding, is planning to offer locally-assembled electric cars in the North…
Raya unveils new investments in Egyptian light transport vehicle industry
Egypt’s Raya Holding announced Tuesday a new project for the assembly and manufacture of light transport vehicles…
Raya IT to sign data centre capacity deal with 4 Egyptian banks this year
Egypt’s Raya Information Technology, a subsidiary of Raya Holding, is planning this year to enter into a…
Raya Holding’s Q1 net profit jumps to 40 mln Egyptian pounds
Egypt’s Raya Holding for Technology and Telecommunication says its first-quarter net profit increased to 40 million…
GIZ, Egypt’s Raya sign gender diversity support agreement
Egypt’s information telecommunications firm, Raya Holding has signed on Saturday a technical and financial support…
Raya launches e-payment arm Aman in Egypt
Egypt’s information telecommunications firm, Raya Holding has launched Tuesday its electronic payment arm named…
Raya to expand investments in Egypt’s Borg El-Arab, New Asyut tech parks
Egypt’s information telecommunications firm, Raya has signed a partnership with Ministry of Communications to…
Egypt’s Raya Q2 net profit jumps 190%
Egyptian information technology firm Raya Holding (RAYA.CA) reported a 190 percent increase in second quarter net…
Egypt’s Raya studies launch of two call centres in UK, Morocco
Egypt’s information telecommunications firm, Raya Holding is considering establishing two new call centres in the…
Raya CEO named Egypt Smart Villages Company’s new chief
Medhat Khalil, Chairman and CEO at Egyptian IT firm Raya Holding, announced on Tuesday that he was named as new…
Raya targets acquiring stake in Poland’s Makarony Polskie
Egyptian information technology firm, Raya Holding (RAYA.CA) Raya Holding announced its investment plan in a…
Raya wins 2016 Cisco Architecture Partner for EMEAR emerging region
Raya Integration, part of Egypt’s Raya Holding Company, announced Tuesday that Cisco recognized Raya IT with Cisco…
Raya planning investments in two Egyptian technology parks
Egyptian information technology firm, Raya Holding (RAYA.CA) is planning to invest in the country’s technological…
Raya Contact Centre plans Floating in Egypt Stock Market
Raya Contact Centre, a fully owned subsidiary of Raya Holding, is planning to list some of its shares in the…
Raya Inaugurates GALLERIA40 Smart Commercial Complex This March
Egypt-based Raya Holding, leading IT and telecommunications company, plans to inaugurate its new smart commercial…
Egypt’s Fawry Registers 1.1 million Monthly Transactions worth EGP380mn
Fawry Electronic Payment Service registered 1.1 million monthly transactions with EGP380million total value. Ashraf…
Raya mulls Establishing Plastics Factory in Saudi Arabia
Egypt-based Raya Holding (RAYA.CA) is currently conducting a feasibility study to establish a plastics factory in…
Beltone braces to Run 4 Major IPOs on Egypt Bourse
Egypt-based Beltone Financial is preparing to manage 4 major initial public offerings (IPOs) in the next 5 months.…
Egypt Shares Gain EGP14.5 billion in Week
In a week, Egypt’s bourse posted vivid gains amounting to 14.5 billion Egyptian pounds boosted by the most major…
Raya Holding Plans IPO for Subsidiary on Egypt Bourse
Egypt's Raya Holding announced on Sunday that its wholly-owned affiliate plans to launch its IPO on the local…
Egypt Finalizes Periodic Review of Indices, OCI Removed From Benchmark
The Egyptian Exchange (EGX)’s management has ratified the amendments that were endorsed by the Indices Committee…
Egypt’s Raya Holding: FY/12 Net Profit 40.2% Up
Raya Holding for Technology and Telecommunication SAE (RAYA.CA) has announced on Tuesday its consolidated…
El Pharaonia Assigns 3 Companies To Insure Raya Holding
El Pharaonia Insurance Brokerage Company assigned three insurance companies to issue the insurance policy of Raya…
Raya To Open Up New Branch In Libya, EGP 4 Mln Investments
Raya Holding for Technology and Communications (RAYA.CA) confirmed plans to open up a new branch in Libya by the…
EGX 30 Edges 0.9% Up In Week
During the last week trading, the Egyptian Exchange has posted gains of EGP one billion as the capital market has…
Raya Holding Owns 4.000 Accredited Distributors, Mulls Further Expansions,
Raya Holding for Technology and Communications (RAYA.CA) said its distribution points have reached about 40 offices…
Raya Studies Establishing PII of Bareeq Factory
Raya Holding is considering the inauguration of Bareeq factory for recycling plastic next year. Eng. Medhat Khalil,…
Raya Holding Awaits EFSA’s Approval For EGM On Free Stocks Distribution
Raya Holding for Technology and Communications (RAYA.CA)’s board said it will be inviting the shareholders for an…
EGX 30 Surges 1%; Morsi’s US Visit Week
Egyptian Exchange's benchmark EGX 30 index rose by 1 % this week, representing an increase of 59.13 points, ending…