FINANCIAL NEWS

Egypt’s Raya Holding to grow incomes share 30 percent

23 Dec 2015

(MENAFN) Raya Holding will expand its outsourcing services in the coming period; it also intends to launch Aman Company for e-payments solutions through 2016.

Moreover, it will also direct part of its investments to the cooking sector to increase in Greater Cairo and markets overseas.

The investment climate in the regional market is depressing, due to many challenges currently, such as the bureaucracy and the legal procedures.

In addition, the dollar lack is also challenging investment in the country, whereby the choices taken by the Central Bank of Egypt (CBE) to limit credits.

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