{"id":561994,"date":"2021-04-28T04:00:19","date_gmt":"2021-04-28T04:00:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/28\/unionaire-rebrands-as-ugt\/"},"modified":"2021-04-28T04:00:19","modified_gmt":"2021-04-28T04:00:19","slug":"unionaire-rebrands-as-ugt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/28\/unionaire-rebrands-as-ugt\/","title":{"rendered":"Unionaire rebrands as UGT"},"content":{"rendered":"<p><strong>Unionaire Group Technology<\/strong> has announced its <a href=\"https:\/\/www.alborsaanews.com\/2021\/04\/27\/1438025\">rebranding to<\/a><strong><a href=\"https:\/\/www.alborsaanews.com\/2021\/04\/27\/1438025\">UGT<\/a><\/strong>. The new entity will include Unionaire, Premium, Fine Stone and TCL, and plans to double annual exports to USD 100 mn by the end of 2021. The new company\u2019s new <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/97d049e6-a61e-4b0c-889d-f141f384cee9\">EGP 1<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/97d049e6-a61e-4b0c-889d-f141f384cee9\">bn<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/97d049e6-a61e-4b0c-889d-f141f384cee9\">industrial complex<\/a>, located in Sixth of October, will also have its full output allocated for exports when it opens in 2022.<\/p>\n<p><strong>Cairo\u2019s criminal court has sentenced the man accused of the attempted [redacted] <\/strong><strong>assault of a young girl in Maadi to 10 years in prison<\/strong>, <a href=\"https:\/\/bit.ly\/3nC4Cgp\">Youm7<\/a> reports. The trial began <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/58b6c7e8-2a46-4a94-8693-44344e4cfd57\">on 30 March<\/a> just a few weeks after shocking video footage of the defendant attacking the girl <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a39ff05c-3f95-4dcf-91f9-141f3d3c3e8a\">went viral online<\/a>.<\/p>\n<p><strong>Arrest following yet another rail accident:<\/strong> Egypt\u2019s Public Prosecution has ordered a railway technician to be detained for four days after a train collided with a pick-up truck in Suez\u2019s Al Amer village yesterday, killing one person and injuring three, the prosecutor said in a <a href=\"https:\/\/www.facebook.com\/ppo.gov.eg\/photos\/a.2579366742171212\/3939049012869638\/\">statement<\/a>. This is the fourth fatal accident on Egypt\u2019s rail network in just one month, after the deadly train crashes in <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2bcf3978-5ef1-496c-aa08-47cf1436e86e\">Sohag,<\/a> <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ab9ca9b1-c618-437a-9adc-f28c40323304\">Qalyubia<\/a> and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0b17747d-e332-42db-bb8f-9ccd91887aaa\">Sharqia<\/a>.<\/p>\n<p><strong>OTHER THINGS we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>CIB <\/strong>will <a href=\"https:\/\/www.alborsaanews.com\/2021\/04\/27\/1438038\">facilitate the payment and disbursement of microloans<\/a> for clients of the <strong>Alexandria Business Association <\/strong>through its smart wallets, Meeza cards or bank accounts.<\/li>\n<li>The MSME Development Agency and Gastec <strong><a href=\"https:\/\/bit.ly\/3gGgwnO\">converted<\/a><\/strong> <strong>9.5k <\/strong><strong>cars to run on natgas<\/strong> in 1Q2021, at an estimated cost of EGP 75 mn.<\/li>\n<li>The Higher Education Ministry has launched the first <strong>incubator <\/strong>program for <strong>clean and <\/strong><strong>green technology<\/strong> in <a href=\"https:\/\/english.ahram.org.eg\/NewsContent\/3\/12\/410071\/Business\/Economy\/Minister-announces-launch-of-st-incubator-for-clea.aspx\">Upper Egypt<\/a>, as part of the Tanmia wa Tatweer: Egypt's Entrepreneurship Development Project.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Unionaire Group Technology has announced its rebranding toUGT. The new entity will include Unionaire, Premium, Fine Stone and TCL, and plans to double annual exports to USD 100 mn by the end of 2021. The new company\u2019s new EGP 1bnindustrial complex, located in Sixth of October, will also have its full output allocated for exports [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7209],"tags":[111,144,204,240,72,7087,3528,125,131,991],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-561994","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-automotive","tag-banking","tag-cib","tag-enterpriseam","tag-finance","tag-gastec","tag-investment-watch","tag-manufacturing","tag-sme-development-authority","wpautop","entry"],"acf":{"mongo_id":"213076e5-39b0-4bb2-9752-97fc4e66962f","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[561974],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Unionaire rebrands as UGT - 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\/04\/28\/unionaire-rebrands-as-ugt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unionaire rebrands as UGT\" \/>\n<meta property=\"og:description\" content=\"Unionaire Group Technology has announced its rebranding toUGT. The new entity will include Unionaire, Premium, Fine Stone and TCL, and plans to double annual exports to USD 100 mn by the end of 2021. 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The facilities include five production lines at the refrigerator factory and another seven at the television screens factor.\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625454,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/06\/unionaire-group-pushes-planned-ipo-to-end-2019\/","url_meta":{"origin":561994,"position":1},"title":"Unionaire Group pushes planned IPO to end-2019","author":"enterpriseam admin","date":"6 August 2018","format":false,"excerpt":"IPO WATCH- Unionaire Group pushes planned IPO to end-2019: It looks like Unionaire Group has once again decided to postpone its planned EGX debut to the end of 2019, from 1Q2019, owner and Chairman Mohamed Fathy tells Amwal Al Ghad in an interview. The group is also considering a dual\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":602538,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/31\/unionaire-group-to-venture-into-real-estate\/","url_meta":{"origin":561994,"position":2},"title":"Unionaire Group to venture into real estate","author":"enterpriseam admin","date":"31 March 2019","format":false,"excerpt":"Electronics manufacturer Unionaire Group is reportedly planning to expand its activities into real estate, and is looking to work on a commercial project in the new administrative capital, Al Mal reports. No further details were provided on the project or the company\u2019s expansion plans.","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628464,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/06\/unionaire-group-reportedly-pushes-planned-ipo-to-1q2019\/","url_meta":{"origin":561994,"position":3},"title":"Unionaire Group reportedly pushes planned IPO to 1Q2019","author":"enterpriseam admin","date":"6 May 2018","format":false,"excerpt":"IPO WATCH- Unionaire Group has reportedly pushed its planned IPO to 1Q2019, company sources said on Thursday. The company has yet to determine the size of its listing, but it will likely be in the range of 30% of its shares, according to the sources. Unionaire Group had been expected\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":639124,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/22\/unionaire-looking-to-increase-its-capital-boost-sales-this-year\/","url_meta":{"origin":561994,"position":4},"title":"Unionaire looking to increase its capital, boost sales this year","author":"enterpriseam admin","date":"22 October 2017","format":false,"excerpt":"Unionaire is looking to increase its capital to EGP 1 bn this year, up 36% from EGP 735 mn at the end of 2016, Al Masry Al Youm reports. The capital increase is part of the company\u2019s plans to reach EGP 6 bn in sales by the end of 2017,\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632913,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/22\/unionaire-group-reportedly-pushes-back-its-ipo-to-2h2018\/","url_meta":{"origin":561994,"position":5},"title":"Unionaire Group reportedly pushes back its IPO to 2H2018","author":"enterpriseam admin","date":"22 February 2018","format":false,"excerpt":"IPO WATCH- Unionaire Group has also reportedly pushed back its initial public offering plan to 2H2018 after having originally said the transaction would take place in 1H2018, sources close to the company say, according to Al Mal. The company is apparently still studying the alternatives to an IPO, including through\u2026","rel":"","context":"In &quot;Speed Round&quot;","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\/561994","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=561994"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/561994\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/561974"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=561994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=561994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=561994"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=561994"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=561994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}