This comes after Raya Holding agreed, at the end of last April, to the offer submitted by the Intro Company, owned by businessman, Mamdouh Abbas, to buy up to 100% of BariQ’s shares in a deal worth EGP 490.750m. Under the deal, Intro Waste Management bears dues from BariQ in the form of carried forward profits and financial transactions between sister companies under the umbrella of Raya Holding worth EGP 74.8m, which brings the total value of the concluded sale deal to EGP 570m.