Raya Holdings completes $24.7-million deal to boost growth
This move is seen as a critical step to accelerate Raya's growth trajectory and enhance its operational capabilities.
This move is seen as a critical step to accelerate Raya's growth trajectory and enhance its operational capabilities.
This renews a previous working capital financing arrangement signed in November 2023.
Juhayna Food Industries, a household name in Egyptian dairy, juice, and cooking products, has recently surpassed investor expectations with an extraordinary surge in profits.
The landmark wind project, one of the world’s largest, will generate 47,790 gigawatt-hours (GWh) of clean energy annually.
Fawry’s impressive Q1 performance fueled investor confidence. During trading on the Egyptian Exchange on Tuesday, shares surged 3.99 percent to close at EGP6 ($0.128).
Despite the recent decline in the market value of his stake, Berzi remains a prominent investor on the Egyptian Stock Exchange.