Raya Holding Archives - جريدة الاخبارية

Samara and Raya Holding Partner to Launch Electric Golf Cart Assembly in Saudi Arabia

Posted on يناير 20, 2026يناير 20, 2026 by doha

Samara Land Transportation Services Co a subsidiary of Alturki Holding, has officially

announced the launch of a joint venture with Raya Holding to establish a local electric golf

cart assembly plant in Saudi Arabia This strategic partnership leverages Samara’s established

market presence and leadership in land transportation, combined with Raya Holding’s manufacturing

expertise via its mobility arm, Raya Auto The new venture will focus on setting up a localized assembly

facility, providing comprehensive after-sales support, and developing a skilled workforce for the hospitality

tourism, construction, and urban development sectors The project aims to meet the growing demand for

efficient, sustainable mobility solutions in large-scale projects, while supporting Saudi Arabia’s vision for

economic diversification and industrial localization

Building Local Assembly Capacity for Sustainable Mobility Solutions

The electric golf cart assembly project is expected to produce over 3,000 electric golf carts

over the next two years, helping meet the increasing demand for eco-friendly transportation

solutions By investing in local manufacturing and technology transfer, the joint venture

will create job opportunities and contribute to the Kingdom’s goals of economic diversification

and sustainable growth Bader AlShathry, Chairman of Samara Land Transportation Services

Co commented In this partnership, we are pioneering a ‘Saudi-assembled’ standard for electric

golf carts, ensuring seamless connectivity, advanced features, and premium after-sales support

By prioritizing local assembly, we aim to deliver a high-quality customer experience that aligns with

our long-term vision

Raya Holding’s Regional Expansion and Commitment to Innovation

Ahmed Khalil, Group CEO of Raya Holding, shared his excitement about the partnership

This joint venture with Samara marks a significant milestone in our regional expansion strategy

as we now have four of our portfolio companies operating in Saudi Arabia It underscores our

confidence in cross-regional collaborations that create long-term, sustainable value

Through its mobility division, Raya Auto, Raya Holding is bringing its expertise in sustainable

mobility solutions and innovation to the Kingdom Khalil added, By working with Samara, we

are building a robust foundation for localized vehicle manufacturing and next-generation mobility

solutions tailored for Saudi Arabia He concluded This collaboration aligns closely with Saudi

Vision 2030, particularly its goals for industrial localization, innovation, and sustainable economic growth

Shaping the Future of Mobility in Saudi Arabia

Juan Carlos Azcona, CEO of Samara Land Transportation Services Co expressed his

enthusiasm about the joint venture This collaboration with Raya Auto is a key milestone

in shaping the future of mobility in Saudi Arabia. We are committed to delivering state-of-the-art

eco-friendly transportation solutions that will help transform mobility in the Kingdom

Mohamed El-Naggar, CEO of Raya Auto, added We are excited to bring our proven track record

in Egypt’s electric mobility sector, which includes electric golf carts, e-buses, and EV cars, to Saudi

Arabia. This partnership will allow us to replicate the success we have achieved in Egypt by

offering integrated solutions and a full-service model encompassing manufacturing, distribution

and after-sales support El-Naggar further emphasized Our goal is to set new standards for sustainable

mobility in Saudi Arabia, aligning with the Kingdom’s Vision 2030 by driving innovation, supporting

localization efforts, and contributing to the development of smart cities

About Samara Land Transportation Services Co. and SIXT

Founded in 1982, Samara Land Transportation Services Co a subsidiary of Alturki Holding,

has grown to become one of Saudi Arabia’s leading providers of car rental, corporate leasing,

and limousine services Samara was also appointed as the exclusive franchisee for SIXT, the

global mobility service provider based in Germany, in Saudi Arabia SIXT operates a fleet of

approximately 280,000 vehicles in over 110 countries worldwide

About Raya Holding for Financial Investments

Raya Holding for Financial Investments is a diversified investment firm operating across

high-impact sectors powered by technology and innovation With over 26 years of growth

Raya manages 10 flagship companies and more than 40 subsidiaries in Saudi Arabia, Egypt

the UAE, Nigeria, Bahrain, and Poland The company’s portfolio spans across various sectors

including technology, fintech, automotive, customer experience outsourcing, retail, manufacturing

hospitality, and food production Raya’s vision is to drive digital transformation, create new economic

opportunities, and deliver sustainable long-term value

Conclusion: Paving the Way for Sustainable Mobility in Saudi Arabia

This joint venture between Samara and Raya Holding represents a significant leap towards

achieving the Kingdom of Saudi Arabia’s goals for economic diversification, local manufacturing

and sustainable mobility solutions By focusing on electric golf cart assembly and expanding electric

vehicle offerings, the collaboration supports Saudi Vision 2030’s emphasis on innovation, localization

and smart city development

Raya Holding Reports Record-Breaking Results for Q3 and 9M 2025

Posted on نوفمبر 16, 2025 by aberabozaher

Raya Holding for Financial Investments (RAYA.CA) announced its consolidated financial results for the third quarter and first nine months of 2025, reporting another period of record-breaking performance that reflects the Group’s resilience, strategic execution, and diversified business model.

Raya Holding

During the third quarter of 2025, Raya Holding achieved its highest results to date, with revenues reaching EGP 17.7 billion, marking a strong 45.5% year-on-year growth and a 19% increase compared to the previous quarter. Gross profit recorded EGP 3.6 billion, up 46.8% year-on-year, while EBITDA rose by 59.1% to reach EGP 2.1 billion.

Net profit after minority interest surged by 62.4% year-on-year to EGP 740 million, representing the highest quarterly net profit in the company’s history.

For the first nine months of 2025, the Group maintained its strong growth trajectory, with total revenues amounting to EGP 45.5 billion, reflecting a 41% increase compared to the same period last year. Gross profit grew by 41.4% to reach EGP 9.6 billion, while EBITDA rose by 43.6% to EGP 5.3 billion.

Net profit after minority interest recorded a 47% year-on-year increase, reaching EGP 1.6 billion.

These results underscore Raya Holding’s operational excellence and strategic focus on sustainable growth and profitability across its diverse portfolio.

portfolio companies continued to demonstrate the strength and balance of Raya’s business model. Raya Information Technology reported exceptional growth of 65.1% year-on-year, driven by major digital transformation projects and strategic investments, including financing agreements exceeding EGP 2 billion.

Aman Holding achieved 51.4% year-on-year revenue growth, fueled by the launch of innovative financing products, expansion plans in Saudi Arabia, and a total of EGP 665 million in securitization issuances during 2025.

Raya Trade achieved 33.2% growth in revenues, supported by the expansion of its retail network and exclusive distribution partnerships with global brands. Raya Electric recorded an outstanding 212.4% year-on-year increase in revenues, reflecting the success of its Manufacturing-as-a-Service partnership with LG and growing demand for local production.

Raya Foods also delivered strong performance with a 36.3% year-on-year increase in exports, reinforcing its position as Egypt’s number-one frozen strawberry exporter, while Raya Auto continued to grow with a 33.9% increase in revenues supported by the success of XPENG’s electric vehicles. Meanwhile, Raya Customer Experience maintained steady performance, with 67.9% of its revenues generated in USD, highlighting its growing offshore footprint.

Commenting on the results, Ahmed Khalil, Group CEO of Raya Holding, stated:

“Our 2025 performance reflects the strength of Raya’s investment portfolio, a diversified structure, and a strategy built on discipline and growth. Each of our businesses has delivered solid results, proving the value of our operating model and the quality of our leadership across sectors.

This record year is the outcome of collective effort, from our teams driving performance on the ground to the leadership steering strategic direction. We remain focused on consistency, sustainable returns, and creating real value for our shareholders, partners, and customers.”

As one of Egypt’s leading investment groups, Raya Holding continues to operate through 10 portfolio companies, 40 subsidiaries across 6 countries, employing more than 20,000 professionals. With a consistent focus on innovation, expansion, and efficiency, Raya continues to strengthen its position as a flagship investment group contributing to Egypt’s industrial, technological, and economic growth.

Raya Holding Reports Strong Revenue and Profit Growth in H1 2025

Posted on أغسطس 17, 2025 by alaa

Raya Holding for Financial Investments (EGX: RAYA), a leading Egyptian investment

conglomerate operating across high-growth sectors, has announced its consolidated financial results

for the first half of 2025, reflecting robust performance across all key financial indicators.

The results were significantly boosted by an exceptional second quarter, maintaining

the company’s strong momentum following record achievements in FY 2024.

H1 2025: Double-Digit Growth Across the Board

During H1 2025, Raya Holding reported:

Consolidated revenues of EGP 27.78 billion, up 38.3% year-on-year (H1 2024: EGP 20.09 billion)

Gross profit of EGP 6.00 billion, growing 38.4%, with a stable gross margin of 21.62%

EBITDA of EGP 3.20 billion, marking a 34.9% increase year-on-year, with an EBITDA margin of 11.5%

Net profit before minority interest of EGP 972 million, up 27.5%

Net profit after minority interest reached EGP 892 million, growing 36.3% year-on-year

Q2 2025: A Standout Quarter

The second quarter of 2025 delivered exceptional results:

Revenues reached EGP 14.90 billion, up 54.0% compared to Q2 2024 and 15.6% higher than Q1 2025

Gross profit rose to EGP 3.32 billion, up 52.3% year-on-year and 23.4% quarter-on-quarter, with a margin of 22.3%

EBITDA jumped to EGP 1.81 billion, increasing 55.1% YoY and 29.6% QoQ, with an EBITDA margin of 12.1%

Net profit before minority interest surged to EGP 584 million, up 52.1% YoY and 50.5% QoQ

Sustained Momentum and Strategic Expansion

Commenting on the results, Raya Holding’s management stated:

“Our strong first-half performance reflects the continued success of our strategy focused on

sustainable growth, operational efficiency, and sector diversification.

The exceptional second-quarter results underscore our ability to scale operations while maintaining profitability.

We are optimistic about H2 2025, driven by expansion plans across six countries and

continued investment in high-potential sectors.”

Outlook for H2 2025

Backed by solid fundamentals, Raya Holding is well-positioned for continued growth in the second half of 2025.

The company remains committed to delivering long-term value for shareholders through:

Geographic expansion across six markets

Diversification across technology, retail, logistics, and manufacturing

Operational excellence and improved capital efficiency

Balanced growth between revenue and profitability

Raya Foods Collaborates with the Ministry of Agriculture to Enhance Sustainable Agriculture and Empower Farmers within Egypt’s Vision 2030

Posted on يوليو 27, 2025يوليو 27, 2025 by alaa

Strategic Meeting to Support Agricultural Growth

Raya Foods, a portfolio company of Raya Holding for Financial Investments, held a

strategic meeting with the Ministry of Agriculture and Land Reclamation to explore

potential areas of cooperation.

The meeting aligns with Egypt’s Vision 2030 and aims to advance the agricultural

sector, empower farmers, and increase sustainable food production and exports.

Showcasing the RAP Program

During the session, Raya Foods presented its flagship agricultural program, “RAP,” which

plays a crucial role in aligning local farming with global technical specifications and food safety standards.

The program is designed to deliver customized agricultural outputs that meet the unique

needs of international buyers.

Focus on High-Demand Global Crops

Discussions included proposals to expand into high-demand crops, such as jalapeños, which

have strong international market potential.

The company also explored opportunities to secure support from international

financial institutions to scale up operations.

Empowering Farmers Through Innovation

Commenting on the meeting, Omar Abdelaziz, CEO of Raya Foods, stated:

“Through RAP, we empower Egyptian farmers by combining training, technical support, and

smart financing, which enhances production quality and improves the global competitiveness

of our exports.”

He also emphasized the company’s leadership in exporting over 3,000 products annually

to 50 countries, all produced from 100% locally sourced raw materials.

Adopting Smart Agriculture Solutions

Raya Foods is investing in smart agriculture technologies, including modern irrigation

systems and drone-enabled crop management, to optimize productivity and sustainability.

Global Reach with Local Roots

Raya Foods specializes in the processing and export of frozen fruits and vegetables, exporting

99% of its products to global markets such as the United States, Europe, Asia, and the GCC, while

also serving local consumers with innovative, high-quality food solutions.

Driving Sustainable Agricultural Development

The company continues to expand its agricultural network and strengthen its role in the

agri-industrial value chain, driving innovation, efficiency, and export competitiveness.

This reinforces Raya Holding’s position as a leading force in Egypt’s private sector

support for agricultural development.