{"id":567026,"date":"2020-01-09T04:05:55","date_gmt":"2020-01-09T04:05:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypts-raya-holding-sets-up-parent-company-for-nbfs-businesses\/"},"modified":"2020-01-09T04:05:55","modified_gmt":"2020-01-09T04:05:55","slug":"egypts-raya-holding-sets-up-parent-company-for-nbfs-businesses","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypts-raya-holding-sets-up-parent-company-for-nbfs-businesses\/","title":{"rendered":"Egypt\u2019s Raya Holding sets up parent company for NBFS businesses"},"content":{"rendered":"

Raya Holding has set up a new parent company for its three non-banking financial service businesses, the company said in an EGX filing (pdf)<\/a>. The new company, Aman Holding, has EGP 375 mn in capital and holds 99% stakes in Aman for Financial Services<\/a> and Aman for E-Payments<\/a>, and a 74.5% stake in Aman for Microfinance<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Raya Holding has set up a new parent company for its three non-banking financial service businesses, the company said in an EGX filing (pdf). The new company, Aman Holding, has EGP 375 mn in capital and holds 99% stakes in Aman for Financial Services and Aman for E-Payments, and a 74.5% stake in Aman for […]<\/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":[9315],"tags":[72,595,2390,614],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567026","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-non-banking-financial-services","tag-other-business-news-of-note","tag-raya-holding","wpautop","entry"],"acf":{"mongo_id":"c81fca0a-a91a-4c16-9950-fe2c49ea5e46","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[566988],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s Raya Holding sets up parent company for NBFS businesses - 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\/2020\/01\/09\/egypts-raya-holding-sets-up-parent-company-for-nbfs-businesses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s Raya Holding sets up parent company for NBFS businesses\" \/>\n<meta property=\"og:description\" content=\"Raya Holding has set up a new parent company for its three non-banking financial service businesses, the company said in an EGX filing (pdf). The new company, Aman Holding, has EGP 375 mn in capital and holds 99% stakes in Aman for Financial Services and Aman for E-Payments, and a 74.5% stake in Aman for […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypts-raya-holding-sets-up-parent-company-for-nbfs-businesses\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-09T04:05:55+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\/2020\/01\/09\/egypts-raya-holding-sets-up-parent-company-for-nbfs-businesses\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypts-raya-holding-sets-up-parent-company-for-nbfs-businesses\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s Raya Holding sets up parent company for NBFS businesses\",\"datePublished\":\"2020-01-09T04:05:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypts-raya-holding-sets-up-parent-company-for-nbfs-businesses\/\"},\"wordCount\":64,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"non-banking financial services\",\"Other Business News of Note\",\"Raya Holding\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypts-raya-holding-sets-up-parent-company-for-nbfs-businesses\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/egypts-raya-holding-sets-up-parent-company-for-nbfs-businesses\/\",\"name\":\"Egypt\u2019s Raya Holding sets up parent company for NBFS businesses - 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Revenues for the year were up to EGP 7.9 bn from EGP 6.7 bn in 2017.The company also announced it has set up non-banking\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/194.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569023,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/ebrd-nbe-want-a-piece-of-rayas-aman-holding\/","url_meta":{"origin":567026,"position":3},"title":"EBRD, NBE want a piece of Raya\u2019s Aman Holding","author":"enterpriseam admin","date":"11 February 2020","format":false,"excerpt":"M&A WATCH- EBRD, NBE want a piece of Raya\u2019s Aman Holding: The European Bank of Reconstruction and Development and the National Bank of Egypt are both on a list of 24 investors who have submitted bids to acquire a minority stake in Raya subsidiary Aman Holding, Al Mal reports, citing\u2026","rel":"","context":"In "Speed Round"","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":573051,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/nbe-submits-offer-for-minority-stake-in-aman-holding\/","url_meta":{"origin":567026,"position":4},"title":"NBE submits offer for minority stake in Aman Holding","author":"enterpriseam admin","date":"19 July 2020","format":false,"excerpt":"M&A WATCH- NBE makes offer for minority stake in Raya\u2019s Aman Holding: The National Bank of Egypt (NBE) has submitted an offer to Raya Holding to purchase a 20-25% stake in its subsidiary Aman Holding, Al Mal reports, citing unnamed informed sources. 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