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Country-Plan Projects and Tenders |
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5722 Subject |
5 مليون دولار استثمارات لشركة راية القابضة في قطاع الاتصالات An Arab Fund investing $ 5 million in Cairo based Raya Holding Group, a leading national I.T. company. |
| Date Published | Tuesday, March 30, 2004 |
| Source Name | Al-Ahram |
| Location Name | Country Wide |
| Description | Ingazat Fund for Technology, affiliated to Jeddah based IDB- Islamic Development Bank, has signed a contract with Cairo based Raya Holding Group to invest $ 5 million therein. Fund Executive Director, Mr. Houssein Al Refaie, said the deal is the first concluded by the Fund in Egypt indicating that the Fund is capitalized at $ 50 million. |
| Sectors Section |
Beneficiary Sectors - Information Technology & Telecom Computers, Hardware & Software |
