Egypt’s Prime’s Group to set up 40 branded restaurants by 2023

Prime Hospitality is planning to open some 40 branches of different restaurant chains it owns over three years at a cost of up to EGP 500 mn, said Tamer Wagih, chairman of the company’s parent, Prime Group, according to the local press. Up to 15 branches of sports-themed restaurant LaLiga Lounge, which Prime Hospitality recently obtained franchise rights for, are expected to be opened as part of the three-year expansion plan.