Raya Holding loses EGP 2m on fire breakout


Cairo – Mubasher: Raya Holding for Technology and Communications initially suffered a EGP2 million losses from a fire breakout in the company-owned plant, Al-Bareeq, said the company in a bourse filing.

A blaze broke out at a store of row material on Monday morning, the company added.

Al-Bareeq is a plant for recycling and plastics granules with EGP 120 million investment costs. 

Mubasher Contribution Time: 16-May-2016 13:37 (GMT)
Mubasher Last Update Time: 16-May-2016 13:37 (GMT)