Latest in Tag: Raya Holding Highlight

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Latest in Tag: Raya Holding


Raya Holding completes sales of BariQ for Advanced Industries in EGP 570m deal

This comes after Raya Holding agreed, at the end of last April, to the offer submitted by the Intro Company, owned by businessman, Mamdouh Abbas, to buy up to 100% of BariQ’s shares in a deal worth EGP 490.750m. Under the deal, Intro Waste Management bears dues from BariQ in the form of carried forward profits and financial transactions between sister companies under the umbrella of Raya Holding worth EGP 74.8m, which brings the total value of the concluded sale deal to EGP 570m.

Daily News Egypt

Basim Moujahid, CEO of Raya Trade, a subsidiary of Raya Holding.

Aman for electronic payments to start operations in September

Aman, a company recently founded by Raya Trade that is specialised in electronic payment solutions, will effectively launch in the Egyptian market in September, according to Basim Moujahid, CEO of Raya Trade, a subsidiary of Raya Holding. Aman aims to provide electronic payment solutions “from a new perspective”, thus enabling all kinds of users to …

Mohamed Alaa El-Din

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