{"id":565965,"date":"2021-05-19T13:43:44","date_gmt":"2021-05-19T13:43:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/19\/raya-on-verge-of-acquiring-gcc-call-center-company\/"},"modified":"2021-05-19T13:43:44","modified_gmt":"2021-05-19T13:43:44","slug":"raya-on-verge-of-acquiring-gcc-call-center-company","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/19\/raya-on-verge-of-acquiring-gcc-call-center-company\/","title":{"rendered":"Raya on verge of acquiring GCC call center company"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Raya Contact Center is on course to acquire 100% of an unnamed call center <\/strong><strong>company based in the Gulf<\/strong> after its USD 14.2 mn offer was accepted by the firm, Raya said in <a href=\"https:\/\/ent.news\/2021\/5\/Raya-Contact-Center-19-5-2021.pdf\">regulatory filing (pdf)<\/a>. The transaction is still \u201cconditional on the negotiations and successfully executing all the definitive agreements,\u201d Raya said without providing further details. This comes as Raya looks to expand its footprint in the GCC, particularly in Saudi Arabia. Raya submitted its initial offer to acquire the call center back <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/572f13d2-6f33-415c-be92-aeb0eabcbfa3\">in October<\/a>. It hasn\u2019t made public the target\u2019s name.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Raya Contact Center is on course to acquire 100% of an unnamed call center company based in the Gulf after its USD 14.2 mn offer was accepted by the firm, Raya said in regulatory filing (pdf). The transaction is still \u201cconditional on the negotiations and successfully executing all the definitive agreements,\u201d Raya said without providing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10045],"tags":[633,1304,7128,2053,1879],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-565965","post","type-post","status-publish","format-standard","hentry","category-speed-round-ma-watch","tag-enterprisepm","tag-gcc","tag-ma-watch","tag-outsourcing","tag-raya-contact-center","wpautop","entry"],"acf":{"mongo_id":"e7877469-807b-4a69-a6ec-766e8b559250","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[565959],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Raya on verge of acquiring GCC call center company - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/19\/raya-on-verge-of-acquiring-gcc-call-center-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raya on verge of acquiring GCC call center company\" \/>\n<meta property=\"og:description\" content=\"Raya Contact Center is on course to acquire 100% of an unnamed call center company based in the Gulf after its USD 14.2 mn offer was accepted by the firm, Raya said in regulatory filing (pdf). The transaction is still \u201cconditional on the negotiations and successfully executing all the definitive agreements,\u201d Raya said without providing [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/19\/raya-on-verge-of-acquiring-gcc-call-center-company\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-19T13:43:44+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/19\/raya-on-verge-of-acquiring-gcc-call-center-company\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/19\/raya-on-verge-of-acquiring-gcc-call-center-company\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Raya on verge of acquiring GCC call center company\",\"datePublished\":\"2021-05-19T13:43:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/19\/raya-on-verge-of-acquiring-gcc-call-center-company\/\"},\"wordCount\":102,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterprisePM\",\"GCC\",\"M&amp;A Watch\",\"outsourcing\",\"Raya Contact Center\"],\"articleSection\":[\"SPEED ROUND: M&amp;A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/19\/raya-on-verge-of-acquiring-gcc-call-center-company\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/19\/raya-on-verge-of-acquiring-gcc-call-center-company\/\",\"name\":\"Raya on verge of acquiring GCC call center company - 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The transaction is\u2026","rel":"","context":"In &quot;SPEED ROUND: M&amp;A WATCH&quot;","block_context":{"text":"SPEED ROUND: M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/377.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":656861,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/11\/africa50-eyes-42-9-stake-in-raya-data-center-with-usd-15-mn-investment-to-fund-new-data-center\/","url_meta":{"origin":565965,"position":1},"title":"Africa50 eyes 42.9% stake in Raya Data Center with USD 15 mn investment to fund new data center","author":"enterpriseam admin","date":"11 December 2024","format":false,"excerpt":"The data center will in total cost USD 35 mn","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/628.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575757,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/26\/raya-contact-center-submits-offer-to-purchase-gulf-based-call-center-company\/","url_meta":{"origin":565965,"position":2},"title":"Raya Contact Center submits offer to purchase Gulf-based call center company","author":"enterpriseam admin","date":"26 October 2020","format":false,"excerpt":"M&A WATCH- Raya Contact Center has submitted a non-binding offer to purchase an unnamed call center company based in the Gulf, the company said in an EGX filing (pdf) yesterday. The company is currently conducting due diligence but didn\u2019t provide any additional information. Separately, Raya\u2019s board of directors will start\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":623465,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/31\/medhat-khalil-co-looking-to-submit-mto-for-raya\/","url_meta":{"origin":565965,"position":3},"title":"Medhat Khalil &#038; Co looking to submit MTO for Raya","author":"enterpriseam admin","date":"31 October 2018","format":false,"excerpt":"** #1 M&A WATCH- Medhat Khalil & Co to submit mandatory offer for 100% of Raya? Conflicting media reports emerged yesterday over reports that Raya founder Medhat Khalil is leading a group that will submit a mandatory tender offer (MTO) to acquire 100% of Raya Holding for Financial Investments by\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":678440,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/25\/raya-board-clears-path-for-helios-to-buy-food-unit\/","url_meta":{"origin":565965,"position":4},"title":"Raya board clears path for Helios to buy food unit","author":"enterpriseam admin","date":"25 December 2025","format":false,"excerpt":"The initial offer targeted 49% for USD 40 mn","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/12\/1248.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":653591,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/20\/unnamed-bidder-wants-49-of-raya-foods-for-usd-40-mn-2\/","url_meta":{"origin":565965,"position":5},"title":"Unnamed bidder wants 49% of Raya Foods for USD 40 mn","author":"enterpriseam admin","date":"20 October 2024","format":false,"excerpt":"Raya Foods typically contributes c. 5% of the group\u2019s total revenues","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1566.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/565965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=565965"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/565965\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/565959"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=565965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=565965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=565965"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=565965"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=565965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}