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Sunday, 24 November 2019

Raya Trade to launch washing machine production line in 1Q2020

Raya Holding subsidiary Raya Trade is launching a washing machine production line at an unnamed local company’s factor in 1Q2020, Al Mal reports. The production line will see machines manufactured under the Samsung trademark in accordance with a EUR 4 mn agreement, and will source 60% of its components locally.

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