Raya Holding
Egypt-based investment holding company listed on the Egyptian Exchange since 2005, with 10 portfolio companies in fintech, technology, retail, manufacturing, outsourcing, hospitality and logistics.
Industry: Diversified investment holding | Location: Giza, Egypt | Founded: 1999
About Raya Holding
Raya Holding for Financial Investments, also known as Raya Corp, is an investment holding company based in Giza, Egypt, and listed on the Egyptian Exchange under the ticker RAYA since 2005. Its FY2025 investor presentation lists 10 portfolio companies across fintech, technology and infrastructure, retail and distribution, manufacturing, business process outsourcing, hospitality and logistics, with operations in Egypt, Saudi Arabia, the UAE, Poland and Nigeria. The company says it has more than 20,000 employees.
Raya's website dates the company to 1999 and says Medhat Khalil, chairman since 1999, founded Protech and Oratech, which later merged to form Raya. Ahmed Khalil has been group chief executive since 2020. Hossam Hussein is chief financial officer, and Marwa Abbas became chief executive of Raya Information Technology on 1 July 2026, succeeding Hisham AbdelRasoul.
The portfolio includes Aman Holding in fintech, Raya Information Technology, Raya Trade and Raya FMCG in distribution and retail, Raya Customer Experience in outsourcing, Raya Auto, Raya Foods and Raya Electric in manufacturing, Raya Smart Buildings and Raya Restaurants in hospitality, and the logistics company Ostool. Raya Customer Experience became the group's second EGX-listed company in 2015.
In December 2024 Africa50 announced a USD 15 million equity investment in Raya Data Center, a wholly owned subsidiary that operates two Tier III data centers in Cairo, to fund a new Tier III facility. TechScoop reported in March 2026 that Raya was one of four investors, with Blackstone, NRT and Sightline, in a UAE payments infrastructure platform whose terms were not disclosed.
According to the FY2025 investor presentation, the Khalil family owned 56.5 percent of the company at 31 December 2025, Naif Al-Rajhy 12.07 percent and Ashraf Kheir Eldin 10.82 percent, with a 13.73 percent free float. Raya reported FY2025 revenue of EGP 63.8 billion, up 41.5 percent, and net income after minority interests of EGP 2.6 billion. For the first quarter of 2026 it reported revenue of EGP 15.8 billion, up 22.8 percent,, and net profit of EGP 384 million. Raya's website puts H1 2026 revenue at EGP 33.8 billion, up 22 percent.
Leadership
- Ahmed Khalil, Group Chief Executive Officer
- Hossam Hussein, Chief Financial Officer
- Marwa Hamza, Chief Human Resources Officer
- Tamer Heida, Chief Business Development Officer
- Marwa Abbas, Chief Executive Officer, Raya Information Technology
- Bassem Megahed, Chief Executive Officer, Raya Trade
- Seif Coutry, Non-Executive Board Member