{"id":600360,"date":"2019-01-28T04:23:27","date_gmt":"2019-01-28T04:23:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/nestle-to-invest-egp-1-bn-in-egypt-in-the-next-five-years\/"},"modified":"2019-01-28T04:23:27","modified_gmt":"2019-01-28T04:23:27","slug":"nestle-to-invest-egp-1-bn-in-egypt-in-the-next-five-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/nestle-to-invest-egp-1-bn-in-egypt-in-the-next-five-years\/","title":{"rendered":"Nestl\u00e9 to invest EGP 1 bn in Egypt in the next five years"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <b>INVESTMENT WATCH- Nestl\u00e9 is planning to invest about EGP 1 bn in Egypt in the next five years<\/b>, Nestl\u00e9 North Africa CEO Moataz El Hout said, according to reports in <a href=\"https:\/\/alborsaanews.com\/2019\/01\/27\/1172415\">the local press<\/a>. The company has seen sales growth of more than 25% in 2018 and expects growth of over 20% to continue this year across all lines of business, El Hout said. Nestl\u00e9 <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/27\/nestle-ambition-to-invest-in-egypt-continues-forward-momentum\/\">inaugurated last week<\/a> a EGP 250 mn factory for its coffee brand Bonjorno, which the Swiss food giant plans to position as an export hub for the region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Nestl\u00e9 is planning to invest about EGP 1 bn in Egypt in the next five years, Nestl\u00e9 North Africa CEO Moataz El Hout said, according to reports in the local press. The company has seen sales growth of more than 25% in 2018 and expects growth of over 20% to continue this year [&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":[8572],"tags":[72,125,131,3116,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600360","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-investment-watch","tag-manufacturing","tag-nestle","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"7d151f02-75b6-4233-89d2-a7a438af010f","is_powered_by":true,"section_story_id":"ba61a347-65d9-4ef8-869f-cf0c48de6c73","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600347],"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>Nestl\u00e9 to invest EGP 1 bn in Egypt in the next five 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\/2019\/01\/28\/nestle-to-invest-egp-1-bn-in-egypt-in-the-next-five-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nestl\u00e9 to invest EGP 1 bn in Egypt in the next five years\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Nestl\u00e9 is planning to invest about EGP 1 bn in Egypt in the next five years, Nestl\u00e9 North Africa CEO Moataz El Hout said, according to reports in the local press. 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Dabbas made no\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":575414,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/rmbv-to-launch-usd-300-mn-mena-fund\/","url_meta":{"origin":600360,"position":3},"title":"RMBV to launch USD 300 mn MENA fund","author":"enterpriseam admin","date":"14 October 2020","format":false,"excerpt":"INVESTMENT WATCH- RMBV about to hit the road to raise a USD 300 mn fund that will target the Middle East and North Africa, with up to 40% of its investments earmarked for Egypt, RMVB Managing Partner Ahmed Badreldin told Al Mal. 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