A set of core values that we have been steadfastly holding on to since our inception has guided our development and led to our success: respecting people, pursuing excellence, customer focus and standing together as one strong reliable team. We have always believed that diversity is essential; it keeps us relevant and encourages growth and progress. We continue to be guided by our mission to empower every person and every line of business in our organization to grow, advance and achieve more. Encouraged by government incentives to increase local manufacturing, this year we have invested more than EGP 500 million into existing and new lines of business. Our mission is to create more employment opportunities and impact the development and sustainability of our community positively.

This year, we ventured into small-transportation vehicles through recognizing a demand that needed to be met. Raya Advanced Manufacturing was established to provide versatile transportation vehicles that can easily and safely navigate many of the narrow and winding streets in Egypt and in all of Africa. In the next year, Raya Holding will be facing a new set of challenges, one of which will be liquidity restrictions resulting from our various new investments. As is our custom, we face all challenges head on, driven by an unfaltering confidence in our business practices, advanced operational tools and creative talents. We have an optimistic and positive outlook on the growth potential of our new investments.

Today, we have successfully achieved our financial and business objectives, met all our set targets, and expanded our business operations.

Meanwhile, Raya Information Technology recorded an impressive year of achievements. Raya Foods established a state-of-the-art food manufacturing business after acquiring a facility that produces and distributes frozen fruits and vegetables. The factory operates state-of-the-art equipment based on high quality business procedures to produce goods that meet export standards. Today, we are very proud to see our goods entering foreign markets like Europe and Asia. Raya Contact Center had another incredible year as we marked a new level of success and maturity after listing the company in the Egyptian Stock Exchange. We are extremely proud to have created a real multinational company, operating with governance, based on publicly traded company standards.

We are also very proud of the growth that Aman for E-Payments has experienced over the past year, becoming one of the top e-payment companies in Egypt. Our business retail arm Aman for Financial Services has more than 100 outlets to date; with more in the pipeline to solidify our market presence. As always, employee empowerment is at the foundation of our growing operations. My advice to Raya family is to focus on education and training, take advantage of the surrounding accessible resources, and always striving to learn something new. I’m extremely pleased with our rich and eventful journey. Today, I’m looking forward to seeing Raya Group grow into the largest Egyptian conglomerate company in terms of employees, revenue, profit, and subsidiaries listed in the stock exchange market.