{"id":571744,"date":"2020-05-21T04:03:13","date_gmt":"2020-05-21T04:03:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/21\/galina-agrofreeze-to-invest-egp-87-mn-in-its-new-factory\/"},"modified":"2020-05-21T04:03:13","modified_gmt":"2020-05-21T04:03:13","slug":"galina-agrofreeze-to-invest-egp-87-mn-in-its-new-factory","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/21\/galina-agrofreeze-to-invest-egp-87-mn-in-its-new-factory\/","title":{"rendered":"Galina-Agrofreeze to invest EGP 87 mn in its new factory"},"content":{"rendered":"

Frozen fruit and vegetables producer Galina\u2013Agrofreeze<\/a> is investing EGP 87 mn to build a new factory<\/a>, Chairman Abdel Wahed Soliman told Al Mal<\/a>. The company secured a EGP 37 mn loan from Bank of Alexandria and the Saudi Investment Bank and will self-finance the remaining EGP 50 mn, he said. The company announced in February that it had broken ground on the factory.<\/p>\n","protected":false},"excerpt":{"rendered":"

Frozen fruit and vegetables producer Galina\u2013Agrofreeze is investing EGP 87 mn to build a new factory, Chairman Abdel Wahed Soliman told Al Mal. The company secured a EGP 37 mn loan from Bank of Alexandria and the Saudi Investment Bank and will self-finance the remaining EGP 50 mn, he said. The company announced in February […]<\/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":[9309],"tags":[5196,2416,72,4522],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571744","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-abdel-wahed-soliman","tag-basic-materials-commodities","tag-enterpriseam","tag-galina-agrofreeze","wpautop","entry"],"acf":{"mongo_id":"ef4468f6-5916-4da0-a8ac-b2a2735e0dfd","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[571714],"teaser":"","voice_url":""},"yoast_head":"\nGalina-Agrofreeze to invest EGP 87 mn in its new 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\/05\/21\/galina-agrofreeze-to-invest-egp-87-mn-in-its-new-factory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Galina-Agrofreeze to invest EGP 87 mn in its new factory\" \/>\n<meta property=\"og:description\" content=\"Frozen fruit and vegetables producer Galina\u2013Agrofreeze is investing EGP 87 mn to build a new factory, Chairman Abdel Wahed Soliman told Al Mal. The company secured a EGP 37 mn loan from Bank of Alexandria and the Saudi Investment Bank and will self-finance the remaining EGP 50 mn, he said. The company announced in February […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/21\/galina-agrofreeze-to-invest-egp-87-mn-in-its-new-factory\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-21T04:03:13+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\/05\/21\/galina-agrofreeze-to-invest-egp-87-mn-in-its-new-factory\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/21\/galina-agrofreeze-to-invest-egp-87-mn-in-its-new-factory\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Galina-Agrofreeze to invest EGP 87 mn in its new factory\",\"datePublished\":\"2020-05-21T04:03:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/21\/galina-agrofreeze-to-invest-egp-87-mn-in-its-new-factory\/\"},\"wordCount\":70,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Abdel Wahed Soliman\",\"Basic Materials + Commodities\",\"EnterpriseAM\",\"Galina-Agrofreeze\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/21\/galina-agrofreeze-to-invest-egp-87-mn-in-its-new-factory\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/21\/galina-agrofreeze-to-invest-egp-87-mn-in-its-new-factory\/\",\"name\":\"Galina-Agrofreeze to invest EGP 87 mn in its new factory - 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No details were provided on the project\u2019s timeline, location, or target markets, but Soliman said the company is planning to cover part of the cost through bank\u2026","rel":"","context":"In "Manufacturing"","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":599196,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/galina-agrofreeze-proposes-egp-1-2-bn-plan-in-setting-up-retail-franchises\/","url_meta":{"origin":571744,"position":2},"title":"Galina-Agrofreeze proposes EGP 1.2 bn plan in setting up retail franchises","author":"enterpriseam admin","date":"20 June 2019","format":false,"excerpt":"Galina-Agrofreeze Fruits & Vegetables has submitted preliminary studies to the government to propose setting up discount retail outlets across the country, company Chairman Abdel Wahed Soliman said. 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