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Raya Holding cut its losses by 46% y-o-y in 2020, posting a bottom line that was EGP 45.7 mn in the red compared to EGP 85 mn the year before, according to an earnings release (pdf). The company grew its top line 22% to EGP 10.76 bn.
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Plus: Incolease taps securitization market with debut EGP 2 bn…
PE and VC-backed companies were already pivoting to local exchanges…
Telda claims users can sell a position and immediately spend…
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