Cairo – Mubasher: Raya Holding that its subsidiary Raya for information technology has signed an agreement to supply 750 ATM machines to each of the National Bank of Egypt and Banque Du Caire.
The agreement worth $18 million and represents the second phase of a contract the company signed earlier with the aim of supplying ATM machines to major Egyptian banks in addition to operating them and providing them with other information technology solutions.
Raya completed the first phase last October with investments amounted to EGP110 million.
