By: Ahmad Allam
Cairo-Mubasher: The ordinary general meeting of Raya Holding for Technology and Communications agreed on not distributing dividends for the fiscal year ended 31 December, 2015.
During FY15, the company achieved higher profits worth EGP 103.8 million ($11.69 million) as compared to EGP 49.4 million ($5.56 million) in the previous year.
Moreover, Raya’s shareholders agreed on renewing the contract of the current auditor.
