{"id":570070,"date":"2020-03-17T04:35:06","date_gmt":"2020-03-17T04:35:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/"},"modified":"2020-03-17T04:35:06","modified_gmt":"2020-03-17T04:35:06","slug":"raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/","title":{"rendered":"Raya, China\u2019s Haier Electric to establish EGP 200 mn home appliances factory"},"content":{"rendered":"<p>Raya Holding has signed a EGP 200 mn partnership agreement with Chinese <a href=\"http:\/\/www.haier.net\/en\/\">Haier<\/a><a href=\"http:\/\/www.haier.net\/en\/\">Electric<\/a> to establish a home appliances factory under the name Haier Raya Electric, <a href=\"https:\/\/bit.ly\/2U9wxWt\">reports Al Mal<\/a>. The factory will be constructed on Raya-owned property in the first industrial zone in Sixth of October city. Ownership of the factory will be split between the two, with Raya holding 85% and Haier holding the remaining 15%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Raya Holding has signed a EGP 200 mn partnership agreement with Chinese HaierElectric to establish a home appliances factory under the name Haier Raya Electric, reports Al Mal. The factory will be constructed on Raya-owned property in the first industrial zone in Sixth of October city. Ownership of the factory will be split between the [&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":[7255],"tags":[116,72,131,614],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-570070","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-china","tag-enterpriseam","tag-manufacturing","tag-raya-holding","wpautop","entry"],"acf":{"mongo_id":"bf5999bf-fcdf-43f0-ba5d-b4bd6e093a7a","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[570045],"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>Raya, China\u2019s Haier Electric to establish EGP 200 mn home appliances factory - 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\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raya, China\u2019s Haier Electric to establish EGP 200 mn home appliances factory\" \/>\n<meta property=\"og:description\" content=\"Raya Holding has signed a EGP 200 mn partnership agreement with Chinese HaierElectric to establish a home appliances factory under the name Haier Raya Electric, reports Al Mal. The factory will be constructed on Raya-owned property in the first industrial zone in Sixth of October city. Ownership of the factory will be split between the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-17T04:35:06+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Raya, China\u2019s Haier Electric to establish EGP 200 mn home appliances factory\",\"datePublished\":\"2020-03-17T04:35:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/\"},\"wordCount\":76,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"China\",\"EnterpriseAM\",\"Manufacturing\",\"Raya Holding\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/\",\"name\":\"Raya, China\u2019s Haier Electric to establish EGP 200 mn home appliances factory - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-03-17T04:35:06+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Raya, China\u2019s Haier Electric to establish EGP 200 mn home appliances factory\"}]},{\"@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":"Raya, China\u2019s Haier Electric to establish EGP 200 mn home appliances factory - 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\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/","og_locale":"en_US","og_type":"article","og_title":"Raya, China\u2019s Haier Electric to establish EGP 200 mn home appliances factory","og_description":"Raya Holding has signed a EGP 200 mn partnership agreement with Chinese HaierElectric to establish a home appliances factory under the name Haier Raya Electric, reports Al Mal. The factory will be constructed on Raya-owned property in the first industrial zone in Sixth of October city. Ownership of the factory will be split between the [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-03-17T04:35:06+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Raya, China\u2019s Haier Electric to establish EGP 200 mn home appliances factory","datePublished":"2020-03-17T04:35:06+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/"},"wordCount":76,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["China","EnterpriseAM","Manufacturing","Raya Holding"],"articleSection":["Manufacturing"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/","name":"Raya, China\u2019s Haier Electric to establish EGP 200 mn home appliances factory - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2020-03-17T04:35:06+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Raya, China\u2019s Haier Electric to establish EGP 200 mn home appliances factory"}]},{"@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":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":649355,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/raya-to-build-egp-200-300-mn-pasta-manufacturing-plant-by-year-end-in-sczone\/","url_meta":{"origin":570070,"position":0},"title":"Raya to build EGP 200-300 mn pasta manufacturing plant by year-end in SCZone","author":"enterpriseam admin","date":"30 April 2017","format":false,"excerpt":"Raya Holding for Financial Investment will establish a EGP 200-300 mn pasta plant by year\u2019s end in partnership with Poland\u2019s Makarony Polskie in which Raya owns a 20% stake, CEO Medhat Khalil tells Al Mal. The factory will be located at the Suez Canal Economic Zone. Raya also plans to\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559725,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/raya-eyes-expansion-efic-plans-fertilizer-production-upgrade\/","url_meta":{"origin":570070,"position":1},"title":"Raya eyes expansion + EFIC plans fertilizer production upgrade","author":"enterpriseam admin","date":"2 February 2021","format":false,"excerpt":"Raya Holding for Financial Investments will invest EGP 400 mn in 2021 to expand into new sectors, CEO Medhat Khalil told Reuters in an interview cited by Al Arabiya. The company will self-finance half of the amount and is lining up bank finance for the rest, he said.Haier Raya kickstarts\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632942,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/22\/raya-holding-partners-with-italys-uvcc-for-usd-70-mn-agricultural-products-factory-in-uganda\/","url_meta":{"origin":570070,"position":2},"title":"Raya Holding partners with Italy\u2019s UVCC for USD 70 mn agricultural products factory in Uganda","author":"enterpriseam admin","date":"22 February 2018","format":false,"excerpt":"Raya Holding is partnering with Italy\u2019s UVCC to establish a USD 70 mn food production facility in Uganda, Raya CFO Hossam Hussein tells Al Mal. The two companies will form a new joint venture, to which Raya will contribute 24% of the capital \u2014 USD 24 mn \u2014 of which\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600039,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/17\/raya-redirecting-egp-300-in-investments-outside-egypt\/","url_meta":{"origin":570070,"position":3},"title":"Raya redirecting EGP 300 in investments outside Egypt","author":"enterpriseam admin","date":"17 January 2019","format":false,"excerpt":"Raya boss says he\u2019s redirecting EGP 300 mn in investments outside Egypt: Raya Holding for Financial Investments is redirecting elsewhere up to EGP 300 mn of investments that were initially planned for Egypt, Chairman and CEO Medhat Khalil tells Al Mal. Raya is in talks to raise its stake in\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":653743,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/22\/raya-foods-eyes-usd-20-mn-factory-to-boost-exports-2\/","url_meta":{"origin":570070,"position":4},"title":"Raya Foods eyes USD 20 mn factory to boost exports","author":"enterpriseam admin","date":"22 October 2024","format":false,"excerpt":"The new factory will help the company boost exports","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1839.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":622078,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/raya-to-begin-manufacturing-air-conditioners-in-usd-4-mn-factory-in-egypt\/","url_meta":{"origin":570070,"position":5},"title":"Raya to begin manufacturing air conditioners in USD 4 mn factory in Egypt","author":"enterpriseam admin","date":"26 November 2018","format":false,"excerpt":"Home appliance distributor Raya Trade is mulling between Sadat City and 6 October for the location of their USD 4 mn air conditioner factory, CEO Bassem Megahed tells Al Mal. There was no mention of the project\u2019s timeline or annual capacity. The company is also studying a separate EGP 300\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/570070","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=570070"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/570070\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/570045"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=570070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=570070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=570070"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=570070"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=570070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}