Mr. Medhat Mohamed Ibrahim Khalil is a visionary leader who has dedicated his career to shaping the trajectory of Raya Holding and its subsidiaries. Graduating from Cairo University’s Faculty of Commerce in 1977, he embarked on a journey that led him to senior roles at IBM before founding Protech and Oratech in 1993 and 1997, respectively. These companies later merged to form Raya Holding, where Khalil has served as Chairman of the Board of Directors and Managing Director since 1999.

Under his leadership, Raya Holding has experienced exponential growth, with subsidiaries’ business volume soaring from EGP 88 million in 1999 to over EGP 31.3 billion in 2023, accompanied by a workforce expansion from 285 individuals to more than 18,000 highly specialized professionals.

Beyond his corporate endeavors, Engineer Khalil has held prominent positions in esteemed organizations such as the Smart Villages Company and the Egyptian American Economic Council. He is actively engaged in various sports, community, and charitable activities, serving on the Board of Trustees of Sadat Academy and University and the Board of Directors of the Egyptian National Fund for Youth and Sports Activities. Additionally, as Chairman of the Egyptian Sailing Federation and a member of the National Sports Council, Khalil has played a pivotal role in advancing the sport of sailing in Egypt. His multifaceted contributions exemplify his commitment to excellence and service to society.

Ahmed Khalil currently serves as the CEO of Raya Holding for Financial Investments, overseeing a diversified portfolio of 11 portfolio companies operating across multiple sectors with a turnover over USD 1 billion. These sectors include retail, technology, fintech, BPO, manufacturing, distribution, automotive, and hospitality. Under his leadership, Raya Holding has expanded its operations across four continents, growing its workforce to over 20,000 employees while achieving sustainable revenue and profitability growth. The company has also increased its U.S. dollar proceeds to over 30% of its total turnover, further strengthening its global financial position.

Khalil also serves as Vice Chairman on the Supervisory Board of Makarony Polskie, listed on the Warsaw Stock Exchange in Poland, and previously held board positions at Fawry and Rameda Pharma. With 20 years of experience spanning sales, marketing, business development, and general management, along with 17 years of board experience, he brings extensive expertise in corporate leadership and investment strategy.

His career began in retail, where he successfully managed and expanded a family-owned fashion apparel chain, gaining first-hand experience in scaling a business. After a three-year stint at Microsoft Egypt, where he took on a sales role and played a key role in developing and expanding the PC system integrator network in Egypt, strengthening Microsoft market presence, he transitioned into Raya Holding, taking leadership roles across its recycling, food & beverage, and real estate investments.

From 2012 to 2018, Khalil served as the CEO of Raya Restaurants, where he played a pivotal role in developing and expanding Raya Restaurants, the owner of the Ovio restaurant chain. Simultaneously, from 2013 to 2019, he took on the role of CEO of Raya Smart Buildings, spearheading the development of its flagship commercial facility, Galleria 40, which has since become one of Cairo’s premier business and lifestyle destinations. His dual leadership across these sectors strengthened Raya’s footprint in hospitality.

Since 2020, Khalil has been serving as Group CEO of Raya Holding, leading the company’s overall growth strategy, strengthening its market position, and driving operational excellence across its investment portfolio.

Khalil holds a Master’s degree in Business Administration from Harvard University and a Bachelor’s degree in Business Administration, specializing in Financial Management and Marketing, from the American University in Cairo (AUC). He is also a graduate of the German School in Cairo (DEO).

Khalil remains committed to accelerating Raya’s international expansion, attracting top-tier industry talent, and driving sustainable long-term value creation for Raya Holding and its stakeholders.

Hossam Hussein is the Chief Financial Officer for Financial Investments at Raya Holding Company. With a professional background spanning 23 years, Hussein brings extensive expertise in financial management, investment planning, and strategic decision-making. Since joining Raya Holding in 1999, he has held various positions within the company, including CFO of Raya Algeria and Treasurer at Raya Holding Company. Hussein’s educational qualifications include a Bachelor of Commerce from Cairo University, an MBA from the Arab Academy for Banking and Financial Sciences, and executive education from Harvard University.

Marwa Hamza is a distinguished transformational Human Resources leader with nearly three decades of strategic leadership across the full spectrum of HR disciplines. She is widely recognized in the industry as a Reward Guru, celebrated for her deep expertise in market practices and her visionary approach to designing and executing forward-looking compensation and people strategies.
On August 1st, 2025, Marwa was appointed Chief Human Resources Officer at Raya Holding for Financial Investments, where she leads the company’s human capital agenda across its diverse portfolio. Her strategic remit includes driving organizational transformation, shaping the company’s talent strategy, embedding future-ready leadership capabilities, and ensuring HR practices are agile and aligned with global standards to match Raya’s ambitious growth trajectory.
Prior to joining Raya, Marwa served as Head of Reward & Policy at Vodafone Egypt, where she architected the remuneration strategy for over 9,000 employees. Over her 19-year tenure, she held several pivotal roles, including Head of HR Business Partners for Technology & Enabling Functions, and was instrumental in delivering people solutions that accelerated business outcomes and enhanced employee engagement.
Her earlier career includes impactful HR leadership roles at Allianz and Mercedes-Benz, where she gained invaluable experience in managing complex people strategies within multinational environments.
Marwa is a certified Corporate Board Director and deeply committed to talent development and mentoring the next generation of HR leaders. Her leadership style blends strategic foresight with operational excellence, making her a trusted advisor to executive teams and a catalyst for organizational growth.

Tamer Heida is the Chief Business Development Officer at Raya Holding, overseeing business opportunities and new investments in Egypt and emerging markets. With a career spanning 14 years at Raya, Heida has held senior positions across various lines of business. Prior to joining Raya, he served as Africa and ME Program Manager for ExxonMobil Corporation. Heida’s educational background includes a bachelor’s degree in communications engineering from Cairo University and executive management programs from INSEAD University and London Business School.

Bassem Megahed serves as the Chief Executive Officer of Raya Trade. With a distinguished career spanning 27 years, Megahed brings a wealth of experience to his role. He began his professional journey as a Junior Accountant at NCR in 1998, swiftly climbing the ranks to become Finance Director at Raya Trade by 2007. Since assuming the role of CEO in January 2014, Megahed has been instrumental in leading Raya Trade’s operations in distribution and retail of consumer electronics and operator services. Under his leadership, the company has expanded its reach to Nigeria and Tanzania, offering a wide range of consumer electronics and value-added services. Megahed’s strategic vision focuses on capitalizing on online shopping trends, enhancing customer experience, and forging new partnerships to drive business growth and profitability.

Hisham Abdel Rassoul serves as the Chief Executive Officer of Raya IT Line of Business (Raya IT LOB). With over two decades of experience, Abdel Rassoul is recognized for his visionary leadership and strategic acumen. Since joining Raya in 1998, he has been instrumental in driving the company’s growth and success in the information technology landscape across the MEA region. Abdel Rassoul’s leadership ensures the delivery of cutting-edge technology solutions tailored to meet diverse business needs.

Usama Zaki serves as the Chief Executive Officer of Raya Electric. Since joining Raya in 2005, Zaki has played a pivotal role in driving growth and success in various business sectors. Currently leading Raya Electric factory, his innovative leadership has positioned the company as a partner of choice for home appliances and electronics in Egypt and the MEA region. Zaki’s commitment to excellence and employee development underscores his role in Raya’s ongoing success.

Ahmed Ibrahim has been the CEO of Raya Smart Buildings within Raya Holding for Financial Investments since 2018. Known for his strategic vision and crisis management skills, Ibrahim drives substantial business growth while navigating tough economic conditions. He has a proven track record of developing key initiatives and fostering productive relationships with industry partners. With prior experience as Finance Director at Raya Venture Investments and Finance Senior Manager at Raya CX, Ibrahim brings extensive financial expertise to his leadership role. He holds an MBA in Management from Eslsca Business School, Egypt, and is a Certified Management Accountant (CMA). Among his achievements is the successful turnaround of Raya Smart Buildings into one of the top performers within the group, despite challenging market conditions.

Hazem Moghazi is the Co-Chief Executive Officer of Aman Financial Services and Aman for Microfinance, a position he has held since 2017. With a vision to promote financial inclusion in Egypt, he has built a wide network offering diverse financial solutions, from installments to microloans and e-payments. Prior to his current role, Moghazi held various positions within Raya Holding, including Retail Senior Director, IT and Logistics Director, and IT Administrator. He brings a wealth of experience in retail management, IT, and logistics, with a track record of driving business growth and innovation. Moghazi holds an MBA from Harvard Business School, a B.Sc. in Electrical Engineering from Ain Shams University, and has completed advanced management programs at European Management Center and Harvard Business School.

Mohamed Wahby is Co-Chief Executive Officer and is an accomplished business leader known for his entrepreneurial spirit and expertise in technology. With a background in software engineering and IT management, he held key positions at renowned companies, including Microsoft Corporation, where he spearheaded product and audience marketing initiatives to drive technology adoption. During his time as CEO of Aman for E-Payments, he successfully launched a leading FinTech venture, demonstrating his strategic acumen and leadership prowess. Wahby’s passion for innovation and his track record of delivering results make him an invaluable asset to any organization seeking to thrive in today’s dynamic business landscape.

Omar Abdelaziz is the Chief Executive Officer of Raya Foods, where he has led a remarkable turnaround, achieved significant profit growth, and positioned the company as a top player in the frozen vegetables industry. Under his leadership, Raya Foods has experienced exponential growth, expanded its market penetration, and attracted foreign investors. Abdelaziz’s achievements include launching innovative products and leading the rehabilitation of production facilities, saving millions in costs. Prior to his role as CEO, Abdelaziz served as Commercial & Business Development Director, where he grew the export business tenfold and led the successful relaunch of the Lazah brand. He holds an MBA from Georgetown University and a B.Sc. in Construction Engineering from the American University in Cairo. Omar has also held positions at Raya Holding and ABB, where he spearheaded strategic planning and business development initiatives. Throughout his career, Omar has demonstrated a strong track record of driving growth, innovation, and operational excellence.

Gamal Hussein, CEO of Raya FMCG, brings over 25 years of experience within Raya. Starting as Operations Manager, he excelled in roles spanning retail, customer care, marketing, logistics, administration, and business development. Prior to Raya, he gained diverse expertise at companies like Nestle and Jemma Group. With an MBA from Maastricht University and memberships in organizations like Who’s Who, Hussein is a key leader driving Raya’s success in the FMCG sector.

Mohamed El Naggar is a dynamic leader serving as the CEO of Raya Advanced Manufacturing since 2005. With a strong background in business administration, he earned his BA from Misr International University before pursuing an MBA in International Business from the University of South Wales. El Naggar further honed his skills at Harvard Business School, specializing in General Management and Business Administration. Previously, he held the role of Regional Commercial Director at Raya CX from December 2017 to 2019. With his extensive experience and education, El Naggar is driving innovation and success at Raya Advanced Manufacturing.

Alaa El Khishen is a visionary CEO and transformational leader with over 20 years of experience driving growth, innovation, and operational excellence in the telecommunications, outsourcing, and technology industries. As the CEO of Raya CX, he leads the company’s global strategy, fostering innovation and delivering world-class customer experience solutions across international markets.

A proven entrepreneur and executive, El Khishen has a distinguished track record of scaling businesses and establishing industry-leading operations. He founded Webhelp Egypt, rapidly expanding it to over 3,000 employees within three years. As EVP of Majorel UK and former CEO of ECCO Outsourcing, he spearheaded transformative growth, positioning the company as one of the largest BPO providers in the Middle East. His leadership has consistently elevated organizations to new levels of performance and market leadership.

Beyond his executive roles, El Khishen is an influential voice in digital transformation and policy development. He serves on the Board of Directors of the African ICT Alliance (AFICTA), shaping ICT strategies to advance Africa’s digital economy. Committed to talent development, he founded the B2B Sales Academy, training more than 200 sales professionals and strengthening the region’s business capabilities.

Holding an MBA from the American University in Cairo and fluent in Arabic, English, and French, El Khishen combines a global mindset with deep regional expertise. He is widely regarded as a key architect of Egypt’s emergence as a competitive outsourcing and technology hub.

Leadership Philosophy
– Empowering Potential – Great leadership unlocks the best in people.
– Adaptive & Resilient – Success comes from listening, evolving, and embracing change.
– Future-Ready Innovation – Sustainable growth is built on agility and forward-thinking strategies.

El Khishen is passionate about collaborating with like-minded leaders, organizations, and policymakers to drive meaningful transformation, cultivate talent, and create lasting impact.