Arab Finance: Raya Holding for Financial Investments announced the transfer of nearly 3.353 million issued shares under its employee incentive and reward scheme, according to a disclosure to the Egyptian Exchange (EGX).
The transaction was valued at EGP 23.877 million.
Raya Holding is a Cairo-based auspicious investment conglomerate managing a diversified investment portfolio. The company operates in the fields of information technology, data center outsourcing, contact center, smart buildings, consumer electronics, food and beverage, land transport, e-payment solutions, and non-banking financial services.
Raya Holding shares have been listed in the Egyptian Exchange (EGX) since 2005, while the company empowers more than 13,000 proficient employees, accommodating a wide international customer base from offices based in Egypt, Saudi Arabia, the UAE, Poland, and Nigeria.