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FINANCIAL NEWS
Egypt’s Raya Co. to expand in food sector
30 Mar 2016
(MENAFN) Raya Trade Co. aims to enlarge in the food sector in the coming phase, and it also hopes to increase in the elects sector after acquiring the licensing for Lenovo in Egypt.
Moreover, the firm will focus its investments on offering payments across installments through its largest outlet, as well as focusing on online elect trade.
On the other hand, Raya Trade also aims a 20 percent market share of mobile devices distribution, compared to 10 percent of last year.
Additionally, the firm will launch five new outlets in Cairo and Delta governorates, involving Tanta and other cities, while it will have a whole of 10 outlets.
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