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FRA greenlights Wafa, Raya tender offers as bids go live on EGX
Delta shareholders have until 27 October and Raya CX shareholders until 26 October to decide
CIRA moves closer to raising its stake in CAED + Raya Holding submits MTO to increase its stake in RCX
CIRA’s transaction is valued at EGP 80.8 mn, according to our math
Raya’s Ahmed Khalil on staying focused while driving growth across diverse sectors
Raya is looking to up its stake in subsidiary Raya CX
Beltone Holding, Palm Hills Developments,Vodafone Egypt, and Raya CX report earnings
Beltone Holding recorded EGP 1.1 bn in net income during the first nine months of the year
China’s Dayun wants to start locally assembling passenger EVs, trucks, and light transport vehicles. PLUS: Midar, Cairo 3A, Raya CX
The company’s expansion plans involve establishing new production lines and expanding the percentage of local components used
Alexandria for Industrial Development to build USD 120 mn worth of turnkey factories for foreign companies. PLUS: United Bank, Fawry, Raya CX, eAswaaq + Post for Investment, Trellix
The company is currently setting up a pipe manufacturing facility for a Chinese investor
Raya CX triples its income y-o-y in 1H 2024
Raya CX’s business process outsourcing was once again the primary contributor to growth
Raya CX more than doubles its net income y-o-y in 1Q. PLUS: Vodafone Egypt, Mopco report earnings
The company’s top line also climbed 40.9% y-o-y to EGP 625.4 mn
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