Business Services Industry
RAYA HOLDING COMPANY TARGETS EP 1 BILLION SALES
Info-Prod Research (Middle East), March, 2004
According to Al-Sharq Al-Awsat newspaper (March 14, 2004), Mr. Medhat Khalil, Chairman & CEO of Raya Holding Company for Technology and Communication, announced that Raya Holding is targeting a EP 1 billion ($162 million) sales volume by the end of the current year. This sales volume translates into a 32% rise compared with the previous year.
Raya Holding and its subsidiaries, located in Cairo, are pioneers in the field of Information Technology and telecommunications in the Middle East. Through a group of employees of around 1000 professionals, Raya Holding and its affiliates provide technological solutions and world-standard value-added services. The Company was incorporated in 1999. It succeeded in introducing several mega-projects in the fields of finance, industry,...
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