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Raya Holding’s net income rose to EGP 541.4 mn in 2021, after having posted losses of EGP 45.7 mn the year before, according to the company’s financials (pdf). Revenues rose to EGP 16.9 bn, compared with EGP 10.8 bn in 2020.
The IFC and the EBRD are in for USD 100…
Banks are cautious about letting AI judge a borrower. Local…
Money market funds stalled while retail piled into equity, index,…
The final close adds roughly USD 7 mn to a…
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