{"id":555756,"date":"2021-11-25T04:00:57","date_gmt":"2021-11-25T04:00:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/"},"modified":"2021-11-25T04:00:57","modified_gmt":"2021-11-25T04:00:57","slug":"coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/","title":{"rendered":"Coca-Cola HBC to spend USD 1 bn on Egypt expansion over 5 years"},"content":{"rendered":"

<\/a> Coca-Cola Hellenic Bottling Company (HBC) is looking to invest USD 1 bn in the <\/strong>Egyptian market<\/strong> over the next five years following its acquisition of Coca-Cola Bottling Company of Egypt (CCBCE), CEO Ahmed Afify told PM Moustafa Madbouly yesterday, according to a cabinet statement<\/a>. The money will go towards building factories and adding production lines, he said. The statement provided no further details on the company\u2019s spending plans.<\/p>\n

The acquisition:<\/strong> Over the summer<\/a> a subsidiary of HBC purchased a 94.7% stake in CCBCE for USD 427 mn, giving it access to Egypt \u2014 one of the largest markets in Africa. FTSE 100-listed Coca-Cola HBC is one of the largest Coca-Cola bottlers in the world and is 23% owned by the US\u2019 Coca-Cola Company.<\/p>\n

Madbouly has taken a personal interest in the company\u2019s activity: <\/strong>\u201cI will personally follow up on the company's work in Egypt during the coming period, and I will visit its site after the start of its expansions,\u201d Prime Minister Moustafa Madbouly said during his meeting with HBS and CCBCE executives and representatives.<\/p>\n

IN OTHER INVESTMENT NEWS-<\/strong><\/p>\n

Germany\u2019s BSH Home Appliances will begin constructing its planned EUR 30 mn <\/strong>(EGP 550 mn) <\/strong>oven factory<\/a><\/strong> in Tenth of Ramadan City next year<\/strong>, which will be the company\u2019s first factory in Africa, according to a press release (pdf)<\/a>. Construction is set to take two years, with the factory slated to come online in 2024. The facility will have a production capacity of over 350k units per year, with a portion earmarked for the local market and some earmarked for exports. The company plans to sell the units under the Bosch brand to consumers in Egypt, as well as export them to other countries.<\/p>\n

Background:<\/strong> BSH has been eyeing the Egyptian market since 2018, when it initially reported<\/a>interest in constructing a EUR 80 mn water heater and stove manufacturing company. The company signed<\/a> a memorandum of understanding with the Trade and Industry Ministry in 2019 to build its home appliances factory.<\/p>\n","protected":false},"excerpt":{"rendered":"

Coca-Cola Hellenic Bottling Company (HBC) is looking to invest USD 1 bn in the Egyptian market over the next five years following its acquisition of Coca-Cola Bottling Company of Egypt (CCBCE), CEO Ahmed Afify told PM Moustafa Madbouly yesterday, according to a cabinet statement. The money will go towards building factories and adding production lines, […]<\/p>\n","protected":false},"author":1,"featured_media":555757,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7272],"tags":[1760,3263,72,900,481,125,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-555756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-coca-cola","tag-coca-cola-hbc","tag-enterpriseam","tag-food-and-beverage","tag-germany","tag-investment-watch","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"14a975dd-ca33-4469-a266-88305a0769d1","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/11\/599.jpg","photo_position":"above","related_issue":[555746],"teaser":"","voice_url":""},"yoast_head":"\nCoca-Cola HBC to spend USD 1 bn on Egypt expansion over 5 years - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coca-Cola HBC to spend USD 1 bn on Egypt expansion over 5 years\" \/>\n<meta property=\"og:description\" content=\"Coca-Cola Hellenic Bottling Company (HBC) is looking to invest USD 1 bn in the Egyptian market over the next five years following its acquisition of Coca-Cola Bottling Company of Egypt (CCBCE), CEO Ahmed Afify told PM Moustafa Madbouly yesterday, according to a cabinet statement. The money will go towards building factories and adding production lines, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-25T04:00:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/599.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Coca-Cola HBC to spend USD 1 bn on Egypt expansion over 5 years\",\"datePublished\":\"2021-11-25T04:00:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/\"},\"wordCount\":335,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/599.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Coca-Cola\",\"Coca-Cola HBC\",\"EnterpriseAM\",\"food and beverage\",\"Germany\",\"investment watch\",\"Manufacturing\"],\"articleSection\":[\"Investment Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/\",\"name\":\"Coca-Cola HBC to spend USD 1 bn on Egypt expansion over 5 years - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/599.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-11-25T04:00:57+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/599.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/599.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Coca-Cola HBC to spend USD 1 bn on Egypt expansion over 5 years\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Coca-Cola HBC to spend USD 1 bn on Egypt expansion over 5 years - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/","og_locale":"en_US","og_type":"article","og_title":"Coca-Cola HBC to spend USD 1 bn on Egypt expansion over 5 years","og_description":"Coca-Cola Hellenic Bottling Company (HBC) is looking to invest USD 1 bn in the Egyptian market over the next five years following its acquisition of Coca-Cola Bottling Company of Egypt (CCBCE), CEO Ahmed Afify told PM Moustafa Madbouly yesterday, according to a cabinet statement. The money will go towards building factories and adding production lines, […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-11-25T04:00:57+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/599.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Coca-Cola HBC to spend USD 1 bn on Egypt expansion over 5 years","datePublished":"2021-11-25T04:00:57+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/"},"wordCount":335,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/599.jpg?fit=%2C&ssl=1","keywords":["Coca-Cola","Coca-Cola HBC","EnterpriseAM","food and beverage","Germany","investment watch","Manufacturing"],"articleSection":["Investment Watch"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/","name":"Coca-Cola HBC to spend USD 1 bn on Egypt expansion over 5 years - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/599.jpg?fit=%2C&ssl=1","datePublished":"2021-11-25T04:00:57+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/599.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/599.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/25\/coca-cola-hbc-to-spend-usd-1-bn-on-egypt-expansion-over-5-years\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Coca-Cola HBC to spend USD 1 bn on Egypt expansion over 5 years"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/599.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/599.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/599.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":558501,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/15\/greek-bottler-acquires-coke-in-egypt-in-landmark-foreign-investment\/","url_meta":{"origin":555756,"position":0},"title":"Greek bottler acquires Coke in Egypt in landmark foreign investment","author":"enterpriseam admin","date":"15 August 2021","format":false,"excerpt":"Coca-Cola HBC to acquire Coca-Cola Bottling Company of Egypt: A subsidiary of the Coca-Cola Hellenic Bottling Company (HBC) has agreed to purchase a majority stake in Coca-Cola Bottling Company of Egypt (CCBCE) in a transaction valued at USD 427 mn, the company announced in a statement on Thursday. Coca-Cola HBC\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/159.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":708568,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/08\/coca-cola-hbc-plans-usd-1-3-bn-investment-in-egypt-through-2030\/","url_meta":{"origin":555756,"position":1},"title":"Coca-Cola HBC plans USD 1.3 bn investment in Egypt through 2030","author":"enterpriseam admin","date":"8 June 2026","format":false,"excerpt":"Plus: A USD 500 mn-equivalent Samurai bond issuance is in \u201cthe final steps\u201d","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/6\/436.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":633584,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/17\/ebrd-extends-usd-130-mn-loan-to-coca-cola-hbc-egypt\/","url_meta":{"origin":555756,"position":2},"title":"EBRD extends USD 130 mn loan to Coca-Cola HBC Egypt","author":"enterpriseam admin","date":"17 July 2024","format":false,"excerpt":"The loan will be complemented by a USD 750 grant","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1301.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":564192,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/16\/russia-triples-flights-to-hurghada-sharm-el-sheikh\/","url_meta":{"origin":555756,"position":3},"title":"Russia triples flights to Hurghada, Sharm El Sheikh","author":"enterpriseam admin","date":"16 August 2021","format":false,"excerpt":"Russia will triple the number of weekly flights from Moscow to Sharm El Sheikh and Hurghada starting 27 August, RT reports, citing a statement from Russia\u2019s covid advisory panel. The committee named Egypt as one of five countries to see an increase in Russian passenger flights, with each of the\u2026","rel":"","context":"In "SPEED ROUND: TOURISM"","block_context":{"text":"SPEED ROUND: TOURISM","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/441.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572187,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/15\/coca-cola-egypt-plans-to-invest-egp-1-bn-this-year\/","url_meta":{"origin":555756,"position":4},"title":"Coca-Cola Egypt plans to invest EGP 1 bn this year","author":"enterpriseam admin","date":"15 June 2020","format":false,"excerpt":"INVESTMENT WATCH- Coca-Cola Egypt is planning to invest EGP 1 bn this year to expand production capacity and increase sales outlets, a cabinet statement said yesterday. The plan is part of a wider strategy to invest EGP 5 bn over the coming five years, CEO Ahmed Elafifi said in a\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593337,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/25\/coca-cola-egypt-is-planning-to-invest-usd-500-mn-over-three-years\/","url_meta":{"origin":555756,"position":5},"title":"Coca-Cola Egypt is planning to invest USD 500 mn over three years","author":"enterpriseam admin","date":"25 November 2019","format":false,"excerpt":"INVESTMENT WATCH- Coca-Cola Egypt is planning to invest USD 500 mn over the next three years, General Manager Ahmed Rady said in a video published on the Investment Ministry\u2019s Facebook page (watch, runtime: 1:28). Rady provided no details on the planned investment. The company invested USD 500 mn in Egypt\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=555756"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555756\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/555746"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/555757"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=555756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=555756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=555756"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=555756"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=555756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}