{"id":622078,"date":"2018-11-26T04:10:53","date_gmt":"2018-11-26T04:10:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/raya-to-begin-manufacturing-air-conditioners-in-usd-4-mn-factory-in-egypt\/"},"modified":"2018-11-26T04:10:53","modified_gmt":"2018-11-26T04:10:53","slug":"raya-to-begin-manufacturing-air-conditioners-in-usd-4-mn-factory-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/raya-to-begin-manufacturing-air-conditioners-in-usd-4-mn-factory-in-egypt\/","title":{"rendered":"Raya to begin manufacturing air conditioners in USD 4 mn factory in Egypt"},"content":{"rendered":"<p>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 <a href=\"https:\/\/almalnews.com\/Story\/399984\/17\/-%D8%B1%D8%A7%D9%8A%D8%A9--%D8%AA%D8%AF%D8%B1%D8%B3-%D8%B6%D8%AE-4-%D9%85%D9%84%D8%A7%D9%8A%D9%8A%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%81%D9%89-%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D8%A7%D9%84%D8%AA%D9%83%D9%8A%D9%8A%D9%81\">tells Al Mal<\/a>. There was no mention of the project\u2019s timeline or annual capacity. The company is also studying a <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/17\/raya-samsung-mull-egp-300-mn-washing-machine-plant\/\">separate EGP 300 mn facility<\/a>, in partnership with Samsung, to manufacture top-loading washing machines.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 mn facility, in partnership with [&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":[72,131,4238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622078","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-enterpriseam","tag-manufacturing","tag-raya-trade","wpautop","entry"],"acf":{"mongo_id":"7923d408-cb50-449f-bcb4-960a376d0f14","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Raya to begin manufacturing air conditioners in USD 4 mn factory in Egypt","related_issue":[622049],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.747584a6-f2b6-4b41-9218-75462c8bf5c3.mp3"},"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 to begin manufacturing air conditioners in USD 4 mn factory in Egypt - 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\/2018\/11\/26\/raya-to-begin-manufacturing-air-conditioners-in-usd-4-mn-factory-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raya to begin manufacturing air conditioners in USD 4 mn factory in Egypt\" \/>\n<meta property=\"og:description\" content=\"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. 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The agreement involves an USD 3.5 mn investment and entails producing a preliminary 40k washing machines in 2018. Raya says the partnership with Samsung will contribute to expanding its\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":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":622078,"position":3},"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":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":622078,"position":4},"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":653710,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/21\/raya-foods-eyes-usd-20-mn-factory-to-boost-exports\/","url_meta":{"origin":622078,"position":5},"title":"Raya Foods eyes USD 20 mn factory to boost exports","author":"enterpriseam admin","date":"21 October 2024","format":false,"excerpt":"Good afternoon, folks, and a happy Monday to you all.THE BIG STORY TODAY Half of Helios\u2019 USD 40 mn acquisition bid for Raya Foods will go towards building a new factory: Raya Food\u2019s parent company Raya Holding will direct USD 20 mn of Helios Investment Partners\u2019 USD 40 mn bid\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1778.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622078","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=622078"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622078\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/622049"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=622078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=622078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=622078"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=622078"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=622078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}