{"id":592985,"date":"2019-11-13T04:11:22","date_gmt":"2019-11-13T04:11:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/13\/el-rashidy-el-asly-inaugurates-new-egp-200-mn-factory\/"},"modified":"2019-11-13T04:11:22","modified_gmt":"2019-11-13T04:11:22","slug":"el-rashidy-el-asly-inaugurates-new-egp-200-mn-factory","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/13\/el-rashidy-el-asly-inaugurates-new-egp-200-mn-factory\/","title":{"rendered":"El Rashidy El Asly inaugurates new EGP 200 mn factory"},"content":{"rendered":"<p>Confectioner <a href=\"http:\/\/www.elrashidy.com\/\">El Rashidy El Asly<\/a> inaugurated the first phase of its EGP 200 mn factory in Sixth of October City, which will triple the company\u2019s current production levels, <a href=\"https:\/\/almalnews.com\/%d8%a7%d9%84%d8%b1%d8%b4%d9%8a%d8%af%d9%89-%d8%a7%d9%84%d8%a3%d8%b5%d9%84%d9%89-%d8%aa%d9%81%d8%aa%d8%aa%d8%ad-%d8%a7%d9%84%d9%85%d8%b1%d8%ad%d9%84%d8%a9-%d8%a7%d9%84%d8%a3%d9%88\/\">according to Al Mal.<\/a> The factory was partially financed through a loan from the European Bank for Reconstruction and Development, and is scheduled to reach full production capacity by March 2020. The company had reportedly planned to <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/27\/egyptian-food-manufacturers-eye-expansions-selling-to-new-markets\/\">complete the factory in 2018<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Confectioner El Rashidy El Asly inaugurated the first phase of its EGP 200 mn factory in Sixth of October City, which will triple the company\u2019s current production levels, according to Al Mal. The factory was partially financed through a loan from the European Bank for Reconstruction and Development, and is scheduled to reach full production [&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":[9309],"tags":[2416,571,6440,72,78],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592985","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-ebrd","tag-el-rashidi-el-mizan","tag-enterpriseam","tag-ipo-watch","wpautop","entry"],"acf":{"mongo_id":"b1c6ef98-726d-4120-8228-cca7781a4c0b","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[592955],"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>El Rashidy El Asly inaugurates new EGP 200 mn 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\/2019\/11\/13\/el-rashidy-el-asly-inaugurates-new-egp-200-mn-factory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Rashidy El Asly inaugurates new EGP 200 mn factory\" \/>\n<meta property=\"og:description\" content=\"Confectioner El Rashidy El Asly inaugurated the first phase of its EGP 200 mn factory in Sixth of October City, which will triple the company\u2019s current production levels, according to Al Mal. The factory was partially financed through a loan from the European Bank for Reconstruction and Development, and is scheduled to reach full production [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/13\/el-rashidy-el-asly-inaugurates-new-egp-200-mn-factory\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-13T04:11:22+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\/2019\/11\/13\/el-rashidy-el-asly-inaugurates-new-egp-200-mn-factory\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/13\/el-rashidy-el-asly-inaugurates-new-egp-200-mn-factory\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"El Rashidy El Asly inaugurates new EGP 200 mn factory\",\"datePublished\":\"2019-11-13T04:11:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/13\/el-rashidy-el-asly-inaugurates-new-egp-200-mn-factory\/\"},\"wordCount\":77,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EBRD\",\"El Rashidi El Mizan\",\"EnterpriseAM\",\"IPO watch\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/13\/el-rashidy-el-asly-inaugurates-new-egp-200-mn-factory\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/13\/el-rashidy-el-asly-inaugurates-new-egp-200-mn-factory\/\",\"name\":\"El Rashidy El Asly inaugurates new EGP 200 mn factory - 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Kandil had said yesterday that REMD is also planning an\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":628570,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/el-rashidy-el-asly-revives-ipo-plans\/","url_meta":{"origin":592985,"position":1},"title":"El Rashidy El Asly revives IPO plans","author":"enterpriseam admin","date":"8 May 2018","format":false,"excerpt":"IPO WATCH- El Rashidy El Asly revives IPO plans: Confectioner REMD El Rashidy El Asly is planning an IPO of 20% of the company\u2019s shares on the EGX next year, Managing Director Mohamed Kandil said, according to Youm7. 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