{"id":612115,"date":"2023-12-18T00:00:00","date_gmt":"2023-12-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/"},"modified":"2023-12-18T00:00:00","modified_gmt":"2023-12-18T00:00:00","slug":"raya-it-aims-to-make-egx-debut-next-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/","title":{"rendered":"Raya IT aims to make EGX debut next year"},"content":{"rendered":"

Raya IT is coming to the EGX<\/strong>:<\/strong> Raya Holding plans to offer 30-35% of its IT arm Raya Information Technology on the EGX in 1H 2024, it said yesterday in a statement<\/a>(pdf)<\/a>. The company has finished all of the necessary listing requirements and tapped our friends at EFG Hermes to quarterback the transaction. Raya Holding CFO Hossam Hussein told us that the company is not ready to talk about how much it hopes to raise from the take.<\/p>\n

Raya Holding will maintain majority ownership of its IT unit<\/strong>, remaining \u201cthe main shareholder and manager of the company's future strategies and prospects,\u201d Hussein said. The company is penciling in 30% revenue growth for 2024 and will deliver a top line of more than EGP 5 bn this year. Raya IT accounted for about 21% of Raya Holding\u2019s total revenues in 9M 2023, by our math. <\/p>\n

Transaction structure: <\/strong>The IPO could see investors offered the chance to buy a mix of both new shares via a capital increase as well as a secondary component. <\/p>\n

Raya is actively screening for ways to grow: <\/strong>Raya IT has a lot of dry powder \u201cready for allocation to potential acquisitions and inorganic growth initiatives,\u201d the CFO said, explaining that the company is eyeing potential acquisitions that would \u201cadd value to its portfolio of services, especially in the IT outsourcing and technical system integration projects.\u201d The company also plans to ramp up sales in Saudi Arabia. It also operates in the UAE.<\/p>\n

R<\/strong>aya has another IPO brewing:<\/strong> Raya Holding\u2019s non-banking financial services outfit, Aman Financial Services,is \u201cwaiting for the right time\u201d to go public, Hussein said, adding that the long-awaited IPO won\u2019t happen before 2H 2024. Aman had signaled it would make its market debut<\/a> this year after its IPO plans were pushed back from 2022. <\/p>\n","protected":false},"excerpt":{"rendered":"

Aman Financial Services is \u201cwaiting for the right time\u201d to go public<\/p>\n","protected":false},"author":1,"featured_media":612116,"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":[7224],"tags":[68,72,78,614,7142],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-612115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-watch","tag-egx","tag-enterpriseam","tag-ipo-watch","tag-raya-holding","tag-raya-it","wpautop","entry"],"acf":{"mongo_id":"4828da19-8d9b-4a74-a0c3-28dac99c0258","order":"0","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/1156.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Raya IT aims to make EGX debut in 1H 2024","related_issue":[612110],"teaser":"Aman Financial Services is \u201cwaiting for the right time\u201d to go public","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.7b30186e-b94a-47ba-9faf-9b24cf3bfa04.mp3"},"yoast_head":"\nRaya IT aims to make EGX debut next year - 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\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raya IT aims to make EGX debut next year\" \/>\n<meta property=\"og:description\" content=\"Aman Financial Services is \u201cwaiting for the right time\u201d to go public\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-18T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1156.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Raya IT aims to make EGX debut next year\",\"datePublished\":\"2023-12-18T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/\"},\"wordCount\":307,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1156.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EGX\",\"EnterpriseAM\",\"IPO watch\",\"Raya Holding\",\"Raya IT\"],\"articleSection\":[\"IPO\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/\",\"name\":\"Raya IT aims to make EGX debut next year - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1156.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-12-18T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1156.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1156.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Raya IT aims to make EGX debut next year\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Raya IT aims to make EGX debut next year - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/","og_locale":"en_US","og_type":"article","og_title":"Raya IT aims to make EGX debut next year","og_description":"Aman Financial Services is \u201cwaiting for the right time\u201d to go public","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-12-18T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1156.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Raya IT aims to make EGX debut next year","datePublished":"2023-12-18T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/"},"wordCount":307,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1156.jpg?fit=%2C&ssl=1","keywords":["EGX","EnterpriseAM","IPO watch","Raya Holding","Raya IT"],"articleSection":["IPO"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/","name":"Raya IT aims to make EGX debut next year - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1156.jpg?fit=%2C&ssl=1","datePublished":"2023-12-18T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1156.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1156.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/raya-it-aims-to-make-egx-debut-next-year\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Raya IT aims to make EGX debut next year"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1156.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1156.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1156.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":574829,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/23\/raya-mulls-listing-aman-on-egx-in-2021\/","url_meta":{"origin":612115,"position":0},"title":"Raya mulls listing Aman on EGX in 2021","author":"enterpriseam admin","date":"23 September 2020","format":false,"excerpt":"IPO WATCH- Raya mulls listing Aman on EGX in 2021: Raya Holding could debut its non-banking financial service business outfit Aman Holding on the EGX in 2021, Raya\u2019s CFO Hossam Hussein told Al Mal, without disclosed the size of the potential offering. Raya is still considering its options for the\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":549949,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/09\/aman-holding-and-raya-trade-distribution-could-be-heading-to-the-egx\/","url_meta":{"origin":612115,"position":1},"title":"Aman Holding and Raya Trade & Distribution could be heading to the EGX","author":"enterpriseam admin","date":"9 October 2022","format":false,"excerpt":"Raya Holding getting serious about Aman Holding IPO + adds Raya Trade to the pipeline: Raya Holding met with EGX Chairman Ramy El Dokany last week to discuss market conditions as the company looks to IPO its non-banking financial services (NBFS) outfit, Aman Holding. The company is also considering debuting\u2026","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/154.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593241,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/21\/raya-holding-and-subsidiaries-may-delist-from-egx-in-2020\/","url_meta":{"origin":612115,"position":2},"title":"Raya Holding and subsidiaries may delist from EGX in 2020","author":"enterpriseam admin","date":"21 November 2019","format":false,"excerpt":"Medhat Khalil warns Raya Holding could delist from EGX in 2020: Raya Holding is considering delisting from the EGX, founder and CEO Medhat Khalil told Al Mal. Khalil is also quoted as saying he would pull back from IPOs of other subsidiaries in the future. (The newspaper also quotes Khalil\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":548137,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/aman-pushes-ipo-to-2023\/","url_meta":{"origin":612115,"position":3},"title":"Aman pushes IPO to 2023","author":"enterpriseam admin","date":"27 July 2022","format":false,"excerpt":"Aman pushes EGX debut to next year: Raya Holding\u2019s non-banking financial services outfit, Aman Holding, has reportedly become the latest Egyptian company to delay plans to IPO on the EGX as global economic headwinds batter financial markets. The company was planning to go public this year and had already appointed\u2026","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/285.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":611925,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/14\/raya-holding-to-up-its-stake-in-ostool-to-90\/","url_meta":{"origin":612115,"position":4},"title":"Raya Holding to up its stake in Ostool to 90%","author":"enterpriseam admin","date":"14 December 2023","format":false,"excerpt":"Raya has signed an agreement to purchase another 28% stake in its subsidiary","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/908.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":602218,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/21\/raya-holding-reports-fy2018-earnings-names-ahmed-hassan-and-hossam-hussein-as-ir-managers\/","url_meta":{"origin":612115,"position":5},"title":"Raya Holding reports FY2018 earnings, names Ahmed Hassan and Hossam Hussein as IR managers","author":"enterpriseam admin","date":"21 March 2019","format":false,"excerpt":"EARNINGS WATCH- Raya Holding reported a net profit of EGP 89.1 mn in 2018, down from EGP 103.2 last year, according to its earnings release (pdf). 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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/612115","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=612115"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/612115\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/612110"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/612116"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=612115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=612115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=612115"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=612115"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=612115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}