Raya established Aman in 2016 with EGP 100m capital. According to Khalil, Raya has made revenues worth EGP 805m last year, with an increase of EGP 218m compared to 2015, achieving a growth of 37%. Raya has witnessed a noticeable growth over the past three years with revenues worth EGP 474 in 2014, an increase of EGP 74m compared to 2013. The company is also working to focus on electronic payment and financial inclusion solutions. According to Abdel Rassoul, the company plans to focus on several sectors this year, including government, banking, and telecommunications.

Source: Daily News Egypt May 01, 2017 13:41 UTC