Kazyon supermarket to inject EGP 800 mn investments this year

Discount minimarket chain Kazyon will invest some EGP 800 mn in growth this year and plans to open 100 new branches, says Mohamed Kharma, according to remarks carried by Al Shorouk. Kharma, executive director at Kazyon parent company Tawfeer for Food Products, says the homegrown chain retails products for 10%-20% below supermarket prices.