To further drive digital transformation in Egypt and prepare for the IPO, Raya IT entered into a strategic agreement with Al Baraka …
Medhat Khalil
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Chairman Medhat Khalil lowers stake in Raya Holding, showcasing dynamic changes in Egypt’s financial sector.
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This gain coincides with a double-digit surge in the group’s shares on the Egyptian Exchange (EGX), highlighting investors’ sustained interest in the …
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As a result of the double-digit share price increase, the market value of Medhat Khalil’s stake has risen to $28.89 million from …
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Egyptian businessman Medhat Khalil loses $3 million from Raya Holdings stake in just 11 days
Despite these short-term fluctuations, Khalil remains a key figure in the Egyptian Exchange and is recognized among the country’s wealthiest individuals.
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The acquisition, detailed in a market filing, saw Raya CX purchase 59,170 shares in the Bahraini company from an American investor.
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Despite this recent downturn, Khalil remains a notable investor in the Egyptian Exchange and continues to be recognized among the country’s wealthiest …
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The company’s recently released financial statements reveal a significant revenue increase of 53.31 percent, from $429.22 million in 2022 to $650 million …
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Raya Information Technology is actively pursuing the acquisition of a firm specializing in outsourcing and application development.
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Egyptian businessman Medhat Khalil, the founder and chairman of Raya Holding holds a majority stake of 58.1 percent in the Cairo-based investment …