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Press Releases

Jones the Grocer launches in Egypt through Raya Restaurants – A Total Investment Equal to 60 million Egyptian Pounds in Six Branches and 240 Job Opportunities

Raya Restaurants, one of the subsidiaries of Raya Holding for Financial Investments, announced the signing of the master franchise agreement in the Egyptian market with the Australian specialty gourmet food retail and award-wining café, Jones the Grocer. Raya Restaurants’ investments in the brand through six branches reach more than 60 million Egyptian pounds and generate 240 direct job opportunities. Mr Medhat Khalil, Chairman of Raya Holding for Financial Investments, expressed his delight towards the signing of the master franchise agreement with Jones the Grocer, which chose Raya Restaurants to represent...

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“BariQ” participates in the “EGYPLAST” exhibition and announces its new year 2020 strategy

BariQ, a subsidiary of Raya Holding For Financial Investments, announced its participation in Egypt international exhibition for plastics and rubber products for exporting “EgyPlast” for the second year in a row from the 9th of January to the 12th at the Egypt International Exhibition Center-5th settlement. BariQ is one of the leading companies in the field of plastic recycling, which was established in 2012 with a total investment capital equal to approximately 150 million Egyptian Pounds. The “EgyPlast” exhibition was able, during the past years, to host all of those...

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Raya IT Inaugurates The Second Phase Of Its Data Center In The 6th Of October City With Nearly EGP 25 Million In Investments

Attended by the corporate CEO and board members, Raya Information Technology, a subsidiary of Raya Holding for Financial Investment, inaugurated today the second phase of its data center. The project holds investments of nearly EGP 25 million. With this expansion, Medhat Khalil, the Chairman and CEO of Raya Holding, pointed out that Raya is keen to support the digital transformation and financial inclusion across all the markets the corporate operates in, which goes in line with the country’s long term strategies and goals. “As Egypt-based corporate, Raya takes pride in...

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Aman For Financial Services Works On A Productive 2019 Plan

- A promising expansion plan in 2019 with a financial infusion of EGP700 million and 55 branches. - With currently 130 stores, Aman For Financial Services plans to reach 300 stores by the end of 2019. - Receiving a letter from the Egyptian Financial Supervisory Authority, Aman has become the very first microfinancing company to be compatible with the EFSA regulations. - Aman injected about EGP150 million into 15.000 microfinance projects with only 0.5% late repayment in 2018. - Providing 35.000 cash machines across the country, Aman is planning to...

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Following Its Expansion Plan, BariQ Takes New Steps To Enter The Egyptian Market

The Chairperson and Managing Director of BariQ, Osama Zaki: - The company aims to launch three new production lines for BariQ’s manufacturer with the same productivity efficiency. - In order to encourage the recycling investment in Egypt, BariQ demands the facilitation to procedures of releasing imported shipments. - BariQ imports 50% of its plastic wastes requirements from abroad with Spain being the main supplier. - 60% of BariQ’s productions are exported to Europe with the rest being shipped to the USA. - BariQ received requests to import from Australia with...

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Organized by Raya IT, Egypt’s Minister of Petroleum and Mineral Resources, Eng. Tarek El-Molla, Inaugurates The Egypt Energy Hub 2019 Conference

Medhat Khalil: The digital transformation has contributed in Egypt’s Gross Domestic Product growth rate which increased from 10% to 15% Hesham Abdel Rassoul: Excellent investment opportunities are estimated to be $1.6 trillion in the global petroleum industry due to the digital transformation in the field. Egypt's Minister of Petroleum and Mineral Resources, Tarek El-Molla, opened on Sunday the Egypt Energy Hub 2019 conference. Organized by Raya IT, the conference was attended by ambassadors, representatives of companies operating in the oil and gas sector, and industry leaders. Among many discussions on...

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In cooperation with Italy’s Piaggio Group: Raya Holding to invest EGP 100 million in making light transport vehicles in Egypt

- Raya Advanced Manufacturing Company is proud to cooperate with Italian vehicle maker Piaggio in the manufacture and assembly of state-of-the-art light transport equipment for the Egyptian market. The vehicles will meet the highest European safety standards. - Expanding Egyptian industry is a core objective of the partnership - Financing offers for various service projects are aimed at creating job opportunities and creating a new generation of young investors - A 10,000-m2 factory is to be built to Piaggio’s highest standards of safety and quality - Maintenance centers throughout Egypt...

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After exceeding its sales target with 256% Raya Information Technology has been awarded Wincor Nixdorf’s Best Performance Banking Partner of the Year for MEA region

Hisham Abdul Rasoul: Our partnership with Wincor Nixdorf is extended for more than 20 years Cairo, July 8, 2017: Raya Information Technology, the leading system integrator in the Egyptian market, has won the award of theBest Performance Partner of the Year in Middle East and Africa from Wincor Nixdorf after a tough competition between 85 Wincor Nixdorf partners from 72 countries around the world. The award was announced in Wincor Nixdorf annual conference for MEA regionthat was held from 09-12 May 2017 in Cape Town, South Africa the Middle East...

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Raya Data Center Achieves ISO 22301 Certification in Preparation for Launching Cloud Computing Service Offering

Raya Data Center, the leading collocation and data center solution provider in Egypt, announced today that it has successfully achieved the ISO 22301 Business Continuity Management System (BCMS) certification, thereby becoming the first data center in Egypt to achieve this standard. This achievement comes as Raya Data Center gears up to launch its public cloud service offering by the end of Q1 2016. The ISO 22301 standard specifies the requirements for a management system to protect against, reduce the likelihood of, and ensure a business recovers from disruptive incidents. This...

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Raya Integration has been awarded Cisco Architectural Excellence Service Provider Architecture Partner of the Year for EMEAR Emerging region

Raya Integration, the leading system integrator in the Egyptian market announced that Cisco recognized Raya IT with Cisco Architectural Excellence Service Provider Architecture Partner of the Year for EMEAR region (Europe, Middle East, Africa and Russia). The award was announced at Cisco Partner Summit 2016 held from February 29 - March 3, 2016 in San Diego, California. Cisco Partner Summit Global Awards recognize the top leading partners across the geographical region that demonstrated successful business practices and serve as a model to the industry. In an effort to reward best...

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Raya IT Partners with IE Networks to offer IT solutions in Ethiopia

The strategic partnership is dual benefit for the two counterparts, allowing Raya IT to penetrate and solidify its presence in Ethiopia with a vision for expansion in the African continent, while IE Networks will have the support of a leading expert in the information technology with strong track record in large- scale project delivery and turnkey solutions. With a number of successful projects for reputable firms in the Egyptian banking sector, Raya Integration plans to penetrate the Ethiopian market with its cutting edge banking solutions, catering to an unattended yet...

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Raya Trade inaugurates its new Raya Megastore in Helwan and soon in Abbas El Akkad

Raya Trade’s efforts to expand its Raya Megastore chain surpass the launch of Helwan’s megastore. The expansion will soon be crowned with the launch of yet another Raya Megastore in Abbas El Akkad, Nasr City. The store is designed to be Raya’s largest megastore, occupying a space of 1000 sqm and is planned to be launched mid July 2015. Raya Megastore Abbas El Akkad will cater to the busy geographic areas of Nasr City and Masr el Gedida, complementing Raya’s already existing stores in the neighborhood. The concept of Raya...

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Raya Data Center launches its third Data Center Facility located in New Cairo, Egypt

Raya Data Center successfully launched its third Data Center facility in the Fifth Settlement, New Cairo, to meet growing customer demand for data center and cloud-based IT services. With its location the new facility offers organizations an opportunity to expand their IT infrastructure and connect to an established ecosystem of existing and potential customers and partners. “The selection process for choosing the facility’s location was exceedi" said Reem Asaad, Raya Data Center CEO. “We looked for key indicators of reliability and performance such as fiber optic density, availability of key...

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Etisalat Misr selects Raya Networks Services to design, implement and prepare its new data center infrastructure

The scope mainly includes civil works, mechanical system, power system, light current system and Data Center Infrastructure Management (DCIM) system. As a leading data center systems integrator and solution provider, offering solutions supported by the world’s renowned brands, RNS leveraged on its technical and financial capabilities and resources to deliver a creative data center design with the most competitive price against its competitors based on a rigid study of the customer’s distinctive needs. In a challenging bidding cycle of 6 months, Raya Networks Services was able to win the deal...

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Raya Data Center awarded ISO/IEC 20000 – 1:2011

Cairo, Egypt, July 12, 2014 –International Standards Certifications (ISC), a full scope JAS-ANZ accredited certification body, announced Raya Data Center as the first data center service provider in Egypt to be awarded the ISO 20000 certification. "This certification is an affirmation of the Raya Data Center’s team excellence as well as our commitment to deliver seamless customer support services to our customers. Customers can be sure that we continuously improve and maintain the high quality of our service delivery processes so they can concentrate on doing their core business and...

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VMware Announces Raya Data Center as Egypt’s first VMware Service

Cairo, Egypt, June 8, 2014 – In an event held at JW Marriot Mirage, VMware announced Raya Data Center as the first service provider in Egypt to join the vCloud Service Provider community. An affirmation of Raya Data Center’s vision to be the leading and sophisticated cloud computing provider in Egypt and the Middle East, the partnership is expected to provide organizations vCloud services and smart-enabled data center services portfolio, allowing them to take advantage of an innovative collaborative service to further differentiate their business with greater visibility and actionable...

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In Partnership between Etisalat Egypt and Raya, Minister of Communications inaugurates Etisalat Egypt’s Contact Center by Raya in Maadi Park

H.E. Engineer Atef Helmy, Minister of Communications and Information Technology, accompanied by Medhat Khalil, Raya Holding Chairman and CEO, and Engineer Hazem Metwaly, Etisalat Chief Operations Officer, inaugurated Etisalat Egypt’s customer service center enabled by Raya Contact Center today in Maadi Contact Center Park. The inauguration comes in line with the strategic partnership between Etisalat Egypt and Raya Contact Center. This service expansion coincided with the inauguration of Raya Contact Center’s new facility in the International Maadi Contact Center Park. Raya owns the leading contact center in the Middle East...

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OSTOOL, a Raya Holding subsidiary, signs deal with ASEC to move cement across Egypt

OSTOOL Transport, a Raya subsidiary and leader in Egypt’s land transport industry, has signed a major 5- year-agreement with ASEC Cement with a value of 110 million Egyptian Pounds to deliver its bagged and bulk concrete via truck to ASEC customers across Egypt. Turning over its transportation needs to OSTOOL and 38 state-of- the-art trucks of OSTOOL’s fleet leaves ASEC free to focus on customer service and its core business of manufacturing high quality cement for Egypt’s expanding construction sector. Under this contract, OSTOOL guarantees the prompt and efficient delivery...

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Raya Academy and world-leading business software company SAP today announced a training partnership set to significantly boost Egypt’s IT sector

Raya Academy will help SAP up-skill workforces across the country, with a particular focus on certification training in key company offerings such as enterprise resource planning. The news represents a noteworthy addition to the SAP Education entity, which is one of the world’s largest IT training organizations with more than 400 classroom based courses and in excess of 100 e-based courses. It will also have a notable impact on SAP’s ambitious expansion plans in the MENA region, which includes certifying 2,000 new consultants within the next four years and increasing...

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Raya Integration wins Cisco’s Highest Growth Partner of the Year in Egypt Award at Cisco Partner Sales Year-End Event 2012

Raya Integration has been awarded the Cisco’s Highest Growth Partner of the Year in Egypt during Cisco Partner Sales Year End Event 2012. The event held on July 10th 2012 at Kempinski Nile Hotel and was attended by Cisco’s top partners in Egypt. Cisco demonstrated its ongoing focus and commitment to its channel partners by recognizing the achievements of its top performing partners for the year 2012. The award recognizes Raya Integration as one of Cisco’s sales arms in Egypt. "It reinforces Raya’s excellence in developing and implementing Cisco Architecture...

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Raya Data Center receives a feasibility study grant from US Trade and Development Agency (USTDA)

Raya Data Center successfully received USTDA’s support for a feasibility study grant that will be dedicated to Raya’s investment in a new data center in New Cairo, providing Raya’s newly launched cloud-computing services. The grant was signed by U.S. Ambassador Anne Patterson representing USTDA, Medhat Khalil, Raya Holding Chairman and CEO, and Reem Asaad, Raya Data Center CEO at the U.S. Embassy in Garden City, Cairo on Thursday, July 12th. The $285,804 grant, provided by USTDA, will fund a feasibility study that will develop the fundamental design requirements, technology, and...

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Raya Integration wins Cisco Architectural Collaboration Excellence Award of the Year in Cisco Global Partners Summit 2012

For the third year in a row, Raya Integration was awarded Cisco Architectural Collaboration Excellence Award of the Year during Cisco Global Partner Summit 2012. The annual chan  el partner conference held on April 17th 2012 in San Diego, California, US, was attended by Cisco's partners from across theAsia/Pacific region, Japan, US, Canada, European and Emerging Markets. The award recognizes Raya Integration as one of Cisco’s sales arms in North Africa and the Middle East and reinforces Raya’s excellence in developing and implementing Cisco's Architecture Collaboration and Unified Communication Solutions...

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Raya Holding ranks fifth on the Environment, Social and Governance (ESG) Index

Raya Holding was ranked fifth on the Environment, Social and Governance (ESG) Index created by the Egyptian Institute of Directors (EIoD), the Egyptian Stock Exchange (EGX), Standard Poor’s and Crisil. Raya Holding came in fifth place after ranking 10th last year based on Raya’s corporate governance and sustainable development activities in 2011. The Index is designed to track the size of disclosure information made available by companies about their corporate governance, environmental and social responsibility practices, as well as the size of market cap and liquidity of the company. Companies...

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Raya Software shares its Agile experience in Agile 2011 in Utah, USA

Ali Zewail, Raya Software General Manager, presented a session titled “Agile Adoption in a non-Western cultural context: Is it any different?” to more than 1,600 attendees from around the world, gathered to learn and share ideas around experiences and best-practices on Agile software development. Zewail explained how Raya Software, as an Egyptian company, was faced with challenges specific to Egypt’s cultural context and how they were successfully overcome. The session shared adoption insights with non-US companies that want to embark on the journey towards becoming an agile organization. Hisham Abdel...

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Raya IT builds the new data center for the Egyptian Credit Bureau by January 2012

The new data center will enable the Egyptian Credit Bureau I-Score to enhance its operation productivity, ensure increased business agility while assuring a greater competitive advantage. I-Score believes that this project, which shall be built and implemented by RAYA IT, shall greatly support its tenacity on continuously adapting state-of- the-art technology following the best international practices whether in the IT or operations of World class credit bureaus. "Raya IT has been focusing on network services and installations in the banking sector, and we are proud to be awarded such a...

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Raya offers a New Concept for Administration and Commercial Facility Management – Modern Systems for Efficiency and Cost Control Boost

The concept aims to enhance the efficiency and to develop the conditions of the facilities, prolonging its infrastructure’s life span and functional systems through world class management, maintenance and monitoring. Fares added that the new service was launched to fulfill the market’s pressing need for new management solutions, especially that the real estate market and the public and private real estate sectors suffer from many problems based on the adoption of traditional facility management systems. These traditional systems don’t fit the needs of today’s vast buildings with advanced design, functionality...

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