ArabFinance: Raya Holding (RAYA) clarified, in a statement sent to the Egyptian Stock Exchange (EGX), what was published in a newspaper regarding Raya Restaurant signing off a franchise contract with the Australian restaurant, jones the grocer. It confirmed that it's already signed the contract today to present this international series in the Egyptian market.

The company added that they agreed to start with 2 restaurants; the first one located in Galleria mall in the Sixth of October City and the other one in O1 mall New Cairo.

Raya Holding stated decided to invest $60 million to inaugurate 6 branches of jones the grocer in the Egyptian market during the upcoming period, in addition, providing 240 new direct jobs.

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