Empowering Change

Raya’s transformative innovations across all its markets are fueled by its determination to promote sustainability in all its forms.

In 2004, Raya Holding was one of the first companies in Egypt to become a member of the United Nations Global Compact (UNGC). We have since been wholly dedicated to inspiring market entities to commit to fulfilling Sustainability Development Goals (SDGs), in line with the nation’s vision for 2030.

raya

Sustainability Milestones

ESG Agenda

In an effort to grow sustainably, Raya crafted a five-year strategy in 2020 to help us become a better corporate citizen and to give back to the people and the communities that have been instrumental to our success over the years.

This agenda is founded on three essential pillars:

Our operational growth is directly linked to the economic prosperity of the communities we serve. As such, we remain committed to promoting financial inclusion through our Aman Group, dedicated to providing empowering digital and financial solutions for all.
Raya’s exceptional team is our biggest asset, making it vital for us to foster a supportive culture that promotes development and growth. By educating, training, and creating opportunities, we encourage our people to fulfill their aspirations in a diverse and equitable environment.
As we grow, we carry a larger share of the responsibility to protect our environment. We believe that responsible growth entails establishing strong governance systems on the holding level, as well as seeking alternatives to meet rigorous climate, waste, and packaging goals.

Environmental Pillar: Improving the Group’s Environmental Footprint

    • Climate Change and Energy Management
    • Environmental Management
    • Material Efficiency and Circular Economy

Social Pillar: Engaged and Inclusive workforce

    • Occupational Health and Safety
    • Human Capital Development
    • Employee Diversity and Inclusion
    • Financial Inclusion
    • Customer Experience and Services Quality
    • Community and Social Impact

Governance Pillar: Improved ESG Governance with Digitalization

    • Business Ethics and Integrity
    • Quality, Compliance, and Risk Management
    • Data Security and Cybersecurity
    • Customer Data Privacy
    • ESG Data Digitalization
    • Responsible Investment

Diversity and Inclusion

Raya Holding is committed to building a team of highly skilled and dedicated personnel. We believe that workforce diversity leads to better ideas, more innovation, and, ultimately, a more harmonious work environment.

14,580

Male Employees

3,420

Female Employees

18,000

Total Number of Employees

Environmental Impact

We strive to lead by example in all the industries we operate in. For this reason, we have tailored our policies to reflect economic stewardship by focusing on the following four pillars:

Energy management and efficiencies
Building smart and green buildings
Responsible waste management
Fostering Climate Resilience
25,472 tC02e

GHG Emissions (in 2022)

75,452 MWh

Total Energy Consumption (in 2022)

673,340 m3

Total Water Withdrawals (in 2022)

Financial Inclusion

We put careful consideration into choosing the sectors that we invest in. Our decision to invest in fintech and financial solutions for the underserved, unbanked population of Egypt was fueled by the desire to provide ways for unbanked individuals to become financially independent and economically self-sufficient.

Established in 2015, our subsidiary Aman Holding is a leading provider of e-payments, microfinance, and consumer finance solutions with reach in 20 governorates throughout Egypt.

Aman Micro Finance (in 2022)
134,069

Customers

EGP 1.99 bn

Funding Portfolio

20

Governorates

165

Branches

Aman Financial Services (in 2022)
313,617

Active Customers

EGP 2.95 bn

Consumer Portfolio

250

Operating Stores

Aman E-Payments (in 2022)
45 mn

Active Customers

140,000

Point of Sale (POS)

Aman Contributions

My business is a bakery and patisserie that has been operational for four years now. We bake biscuits and kahk. I applied for financing after learning about Aman. I met with an employee and submitted my papers. I received my facility after a couple of days through the branch then used the loan to purchase equipment and expand my business. I bought display stands, a trolley, and trays. The business developed well thanks to the loan. I pay back the loan through the Aman POS at the nearby supermarket. This is more convenient for me since I am always at the bakery

Mahmoud Salem Ali
Bakery and Patisserie in Fayoum

Governance

Our Board of Directors provides guidance to our executive team and identifies and implements appropriate corporate governance practices to ensure transparency, accountability, and adequate internal controls. The Board also employs essential committees to fulfill its responsibilities and tasks.

Responsibilities include monitoring the integrity of Raya’s financial statements prior to their submission to the Board and any formal announcements relating to Raya’s financial performance.
Responsibilities include setting the overall investment guidelines in line with the Board’s strategy as well as preparing investment cases and reporting to the Board.
Responsibilities include overseeing the implementation of the corporate governance code as a whole and recommending qualified directors and committee nominees to the Board.
Responsibilities include establishing Raya’s policy on remuneration for the executive directors, executive management, Chairman, and CEOs of the different subsidiaries.
Responsibilities include developing and overseeing sustainability initiatives and strategies, as well as monitoring and reporting on the company's environmental, social, and governance (ESG) performance.
Executive Management

Latest Reports