The Damietta Furniture City Company will complete and being operating its 331-feddan furniture manufacturing complex by 2022, company CEO El Moataz Bahaa El Din said. The project is a 20-minute drive from downtown Damietta, and will include 150 furniture factories, some 1500 smaller workshops, exposition halls, banks, hotels and other facilities.
More from Enterprise
The digital EGP won’t look different at checkout — but it will work nothing like InstaPay
Every instant payment today depends on your bank or telco.…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Inside the retail wave reshaping EGX
Individuals are setting EGX prices day to day, trading on…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…