ZAWYA-PRESSR: Raya Holding concludes Raya FutureTECH Program with GIZ

About this update from Raya Holding For Financial Investments Sae

Cairo, Egypt: Raya Holding for Financial Investments celebrated the successful conclusion of its two-year collaboration with the German Agency for International Cooperation (GIZ) through Raya FutureTECH, the Group’s corporate innovation platform dedicated to empowering startups and strengthening Egypt’s entrepreneurial ecosystem.The closing event brought together entrepreneurs, investors, corporate leaders, and ecosystem partners to reflect on the program’s impact and to unveil the new identity “FutureTECH by Raya,” signaling a strategic shift toward growth-stage integration, commercial partnerships, and investment readiness.Over the course of the partnership, Raya FutureTECH delivered a comprehensive set of initiatives designed to support startups at different stages of maturity. Key achievements included 12 specialized webinars engaging nearly 1,000 participants, 6 thematic hackathons with the participation of 112 startups, and 4 acceleration cycles that supported 46 startups across sectors such as fintech, logistics, e-commerce, clean technology, and AI. These efforts contributed to the creation of 238 jobs and enabled startups to raise USD 2.3 million in investments, in addition to facilitating pilot-to-commercial collaborations with several Raya portfolio companies.In his opening remarks, Ahmed Khalil, Group CEO of Raya Holding said, “This partnership with GIZ has demonstrated what happens when corporates and development institutions work with a shared purpose: innovation turns into opportunity, and opportunity into impact. At Raya, innovation is not an initiative, it is how we grow. many of the Group’s leading businesses originally began as greenfield ideas that evolved into market champions.Through FutureTECH and our collaboration with GIZ, we opened our ecosystem to founders, giving them access to real markets, operators, and expertise that accelerate the path from pilot to commercial success. This program has strengthened Egypt’s startup landscape and reinforced the role of corporate–startup collaboration as a driver of competitiveness and job creation.As we conclude this chapter with GIZ, our commitment continues. FutureTECH will build on these foundations to integrate startups deeper into Raya’s portfolio, invest in promising technologies, and support the next generation of Egyptian innovators.”Representing GIZ, Elisabeth Richter, Head of Progr...

View stock analysis, news, and events for Raya Holding For Financial Investments Sae