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Raya Holding eyes over EGP 500m investments in 2021

Raya Holding eyes over EGP 500m investments in 2021
Most of these investments will be injected to Aman
Raya
RAYA
5.01% 3.56 0.17

By: Islam Fadl

Cairo – Mubasher: Raya Holding for Financial Investments is planning to invest more than EGP 500 million in 2021, the Chairman Medhat Khalil revealed.

Most of these investments will be injected into Aman, Khalil said in an interview with Mubasher on Sunday.

He further revealed that the company aims to further expand its subsidiary Aman in the upcoming period.

During the first nine months of 2020, Raya Holding for Financial Investments incurred net losses of EGP 53.69 million, down from EGP 58.16 million in the year-ago period.