Raya Holding’s Revenues Surge to EGP 49.8 Billion in 9M 2026 Driven by Regional Expansion and FinTech

Thursday 12 November 2026 08:37

Raya Holding for Financial Investments announced its consolidated financial results for the first nine months of 2026 (ended September 30), recording a surge in revenues driven by the strong performance of its subsidiaries across distribution, financial technology (FinTech), and outsourcing services, alongside expansion plans in manufacturing and smart infrastructure.

Consolidated Financial Indicators: Revenue and Gross Profit Growth

The Group successfully increased its consolidated revenues by 9.5% year-on-year (YoY) to reach EGP 49.8 billion, compared to EGP 45.5 billion in the corresponding period of 2025. Gross profit rose by 5.4% to EGP 10.2 billion (up from EGP 9.6 billion), achieving a gross profit margin of 20.4%.

Regarding operating and net profits, Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) recorded approximately EGP 4.7 billion, while net profit after minority interest stood at EGP 1.1 billion. Bottom-line profitability was impacted by regional expansion costs, increased expected credit loss (ECL) provisions, and margin pressures in certain sectors.

Distribution and FinTech Lead the Growth Engine

Raya Trade topped the revenue contributors, recording EGP 21.1 billion with a 21.8% growth rate, benefiting from product diversification and international expansion, particularly in the Nigerian market. Additionally, Raya FMCG’s revenues jumped by 43.9% to EGP 2.4 billion, propelled by new commercial partnerships and an expanded distribution network.

In the FinTech sector, Aman Holding generated EGP 8.5 billion in revenues, marking a 28.9% YoY increase. This coincided with obtaining preliminary approval from the Saudi Central Bank (SAMA) to establish a microfinance company in the Kingdom, as well as approval from Egypt's Financial Regulatory Authority (FRA) to establish "Aman Sukuk."

Strong Performance in Outsourcing and Information Technology

Raya Customer Experience (RCX) continued its expansion across Gulf and European markets, achieving 27.1% growth as revenues reached EGP 2.6 billion. Simultaneously, Raya Information Technology posted EGP 10.7 billion in revenues, leveraging its expertise in digital transformation solutions and data centers.

Industrial Sector, Hospitality, and Smart Infrastructure

On the industrial front, Raya Auto’s revenues grew by 29% to EGP 1.7 billion, supported by the launch of new electric vehicle models from the XPENG brand in Egypt, while Raya Electric recorded EGP 766 million. Conversely, Raya Foods posted EGP 1.3 billion in revenues, impacted by rising logistics costs and global shipping challenges.

In smart infrastructure, Raya Smart Buildings' revenues surged by 35.5% to EGP 249 million, backed by its EDGE Innovation Centers network, electric vehicle charging operations (Electra), and signing an agreement to manage the C5 administrative building in the New Administrative Capital. Meanwhile, Raya Restaurants achieved EGP 235 million in revenues (a 7.8% YoY growth), with its gross profit rising by 19.3%.

Upcoming Acquisition Deal and Treasury Shares

In a move to strengthen its footprint in digital infrastructure, Raya Holding’s Board of Directors authorized executive management to finalize the Share Purchase Agreement (SPA) for a 100% acquisition of a data center facility in Egypt, alongside appointing an independent financial advisor to determine its fair value.

The Board also approved a proposal to purchase treasury shares up to a maximum value of EGP 20 million, to be allocated to the Group's Employee Stock Ownership Plan (ESOP) and incentive system, supporting its strategy to maximize sustainable shareholder returns.