Raya Customer Experience News - Mubasher Info
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21 May 05:39 AM

Raya Customer Experience (RACC)

Last update: 20 May 01:27 PM market time.
9.71
2.41
33.01%
Open 9.90
Previous Close 7.30
High 10.05
Low 9.70
Stock Statistics
Volume 778,286
Turnover 7,647,928.50
All data are 15 minutes late during market session

News

Photo Archive
23 September 2024 02:01 PM Egypt’s RAYA CX expands global expansion via subsidiary in UK
Cairo – Mubasher: Raya Customer Experience (RAYA CX) announced the board’s approval to establish a company in the UK on 22 September 2024. The new entity will be fully owned by RAYA CX,  according to a bourse disclosure. Medhat Mohamed Ibrahim …
Companies Investments
Photo Archive
8 May 2024 03:27 PM RAYA CX acquires 15% of Gulf Customer Experience Bahrain
Cairo – Mubasher: The board of Raya Customer Experience (RAYA CX) has acquired 59,170 shares in Gulf Customer Experience Bahrain, representing 14.97% of the company’s capital. The acquired stake was bought from an American investor, according to a …
Companies Investments
Photo Archive
21 April 2024 00:46 PM RAYA CX names El-Khishen as new CEO
Cairo – Mubasher: Raya Customer Experience (RAYA CX) has appointed Alaa El-Khishen as its new CEO, according to a recent press statement. El Khishen has more than 30 years of experience in the telecommunications, outsourcing, and technology …
Corporate Actions
Photo Archive
29 May 2023 11:07 AM Raya Contact Center posts jump in Q1-23 net profits
Cairo – Mubasher: The consolidated net profits after tax of Raya Contact Center hit EGP 45 million during the first quarter (Q1) of 2023, a year-on-year (YoY) leap from EGP 6.61 million, including non-controlling equity. The revenues stood at EGP …
Financial Results
Photo Archive
13 March 2023 02:59 PM Raya Contact Center's 2022 consolidated profits exceed EGP 42m
Cairo – Mubasher: Raya Contact Center recorded consolidated net profits after tax of EGP 42.22 million in 2022, higher than EGP 21.86 million in 2021, including minority interest. The firm generated revenues worth EGP 1.21 billion last year, …
Financial Results
Photo Archive
4 December 2022 11:24 AM Raya Contact Center hikes limit of loan granted to Bahrain-based unit
Cairo - Mubasher: The board of Raya Contact Center approved unanimously increasing the limit of the $500,000 loan granted to Gulf Customer Experience, a  Bahrain-based subsidiary, by an amount not exceeding $3.50 million. The loan’s maturity …
Banking and Finance
Photo Archive
13 November 2022 10:51 AM Raya Contact Center's profits slide 61% in 9M-22
Cairo - Mubasher: The consolidated net earnings of Raya Contact Center shrank by 61% during the first nine months (9M) of 2022 to EGP 7.80 million, compared to EGP 20.03 million in the year-ago period. Earnings per share (EPS) reached EGP 0.04 in …
Financial Results
Photo Archive
2 October 2022 11:31 AM Raya Contact Center’s board approves EGP 6.66m capital cut
Cairo - Mubasher: Raya Contact Center’s board of directors approved reducing the company’s capital by EGP 6.66 million by cancelling 13.33 million treasury stocks. During the period from 18 March 2020 to 27 April 2022, the company purchased 18.04 …
Corporate Actions
Photo Archive
6 June 2022 00:23 PM Raya Contact Center to launch new limited liability company in Dubai
Cairo - Mubasher: The board of Raya Contact Center has approved the establishment of a new limited liability company in Dubai under the name of Raya Gulf Customers Experience or any other relevant names. Raya will hold a 100% stake in the new …
Companies Investments
Photo Archive
15 May 2022 00:48 PM Raya Contact Center's profits up in Q1-22
Cairo – Mubasher: The consolidated net profits of Raya Contact Center increased to EGP 6.61 million in the first quarter (Q1) of 2022, compared to EGP 2.04 million in the year-ago period. The company generated revenues of EGP 252.17 million in the …
Financial Results
Photo Archive
10 March 2022 11:42 AM Raya Contact Center's profits retreat 54% in 2021
Cairo – Mubasher: The consolidated net profits of Raya Contact Center decreased by 53.7% to EGP 23.74 million in 2021, compared to EGP 36.48 million in 2020. The company's revenues rose by 7% to EGP 789.23 million in 2021 from EGP 733.80 million …
Financial Results
The revenues declined to EGP 561.36 million in the January-September period
15 November 2021 03:24 PM Raya Contact Center's profit down 30% in nine months
Cairo – Mubasher: Raya Contact Center posted consolidated net profits of EGP 20 million in the first nine months of 2021, down by 30% year-on-year (YoY) from EGP 28.63 million, including minority shareholders' rights.  The revenues declined to …
Financial Results
Raya Contact Center logged net profits of EGP 9.75 million in six months
7 November 2021 01:06 PM Raya Contact Center mulls expansion in American continent
Cairo – Mubasher: Raya Contact Center is currently studying expansion in the American continent through acquisition as part of its near-future strategy.  In response to news reports about completing an agreement to acquire a US firm in 2022, the …
Mergers and Acquisitions
The company will cancel 5.68 million treasury shares
13 October 2021 11:22 AM Raya Contact Center's board approves capital cut
Cairo – Mubasher: The board of directors of Raya Contact Center decided to reduce its capital by EGP 2.84 million by cancelling 5.68 million treasury shares.  Over the period from 18 March 2020 to 7 September 2020, the company purchased 10.4 …
Insider Trading & Treasury Stocks
The Gulf-based firm has been valued at $14.32 million
29 August 2021 01:12 PM Raya Contact Center to proceed with acquisition of Gulf Customer Experience
Cairo – Mubasher: The board of directors of Raya Contact Center approved a decision to proceed with the acquisition of 85% of Bahrain's Gulf Customer Experience, amounting to 335,829 shares.  The Bahrain-based firm operating in the business …
Mergers and Acquisitions
The revenues retreated to EGP 376.56 million in the January-June period
10 August 2021 11:36 AM Raya Contact Center's profit more than halves in H1-21
Cairo - Mubasher: Raya Contact Center logged consolidated net profits of EGP 9.75 million in the first half (H1) of 2021, a drop of 52% year-on-year (YoY) from EGP 20.6 million, including minority shareholders' rights.  The revenues retreated to …
Financial Results
The company will be wholly-owned by Raya Contact Center
27 July 2021 11:44 AM Raya Contact Center to set up new subsidiary in US
Cairo - Mubasher: The board of directors of Raya Contact Center approved the establishment of a wholly-owned subsidiary, which will be based in the US.  The board authorised the Chairman and Managing Director to determine the company's capital and …
Corporate Actions
Up to 10 startups will get a cash investment of up to EGP 1 million
13 July 2021 00:53 PM Raya launches corporate accelerator to support customer experience startups
Cairo - Mubasher: Raya Customer Experience (RCX), a subsidiary of Raya Holding for Financial Investments, has launched its first corporate accelerator, Raya FutureTECH, powered by the US-based venture builder, Openner. "Raya FutureTECH will power …
Companies Investments
Gulf Customer Experience has been valued at $15.797 million
11 July 2021 03:36 PM Raya Contact Center to acquire 85% of Gulf Customer Experience
Cairo - Mubasher: The board of directors of Raya Contact Center approved the acquisition of 85% of Bahrain's Gulf Customer Experience, amounting to 335,829 shares. The share purchase agreement and all other contracts related to the transaction …
Mergers and Acquisitions
The company will cancel 4.272 million treasury stocks
1 June 2021 02:02 PM Raya Contact Center gets FRA's approval for capital cut
Cairo – Mubasher: The Egyptian Financial Regulatory Authority (FRA) approved the publication of the disclosure form submitted by Raya Contact Center to proceed with its capital cut procedures. The disclosure form includes the board’s decision to …
Corporate Actions
The value of the transaction amounts to $14.2 million
19 May 2021 00:17 PM Gulf-based firm accepts Raya Contact Center's acquisition offer
Cairo – Mubasher: A Gulf-based firm operating in the business process outsourcing sector has accepted Raya Contact Center's binding offer for the acquisition of 100% of the issued capital of the company. The transaction, which amounts to $14.2 …
Mergers and Acquisitions
The revenues declined to EGP 182.86 million
10 May 2021 00:00 PM Raya Contact Center's profit sinks 80% in Q1-21
Cairo – Mubasher: The consolidated net profits of Raya Contact Center plunged by 80% year-on-year (YoY) to EGP 2.04 million in the first quarter (Q1) of 2021, compared to EGP 10.3 million, including minority shareholders’ rights. The revenues …
Financial Results
An independent financial advisor will assess the value of the target company
4 May 2021 02:59 PM Raya Contact Center approves submitting offer to acquire GCC firm
Cairo – Mubasher: The board of directors of Raya Contact Center approved submitting a binding acquisition proposal to acquire a contact centre services company operating in a GCC country. The board delegated the chairman or whoever he delegates to …
Mergers and Acquisitions
The company reported net profits of EGP 36.48 million in 2020
11 April 2021 01:38 PM Raya Contact Center's board approves capital cut via treasury stock cancellation
Cairo – Mubasher: The board of directors of Raya Contact Center approved the commencement of procedures to cancel some of its treasury stocks. A total of 4.272 million treasury stocks will be cancelled by reducing capital by EGP 2.14 …
Corporate Actions
Revenues dropped to EGP 733.8 million last year
7 March 2021 02:01 PM Raya Contact Center's profit slides 68% in 2020; board proposes dividend suspension
Cairo – Mubasher: Raya Contact Center reported a 68.1% year-on-year (YoY) decline in its consolidated net profits, logging EGP 36.48 million in 2020, compared to EGP 114.57 million, including minority shareholders’ rights. Revenues dropped to EGP …
Financial Results