{"id":622978,"date":"2018-10-17T03:24:54","date_gmt":"2018-10-17T03:24:54","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/raya-samsung-mull-egp-300-mn-washing-machine-plant\/"},"modified":"2018-10-17T03:24:54","modified_gmt":"2018-10-17T03:24:54","slug":"raya-samsung-mull-egp-300-mn-washing-machine-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/raya-samsung-mull-egp-300-mn-washing-machine-plant\/","title":{"rendered":"Raya, Samsung mull EGP 300 mn washing machine plant"},"content":{"rendered":"<p>A subsidiary of Raya Holding is studying a EGP 300 mn investment in a plant that would manufacture washing machines in partnership with Samsung, CEO Medhat Khalil <a href=\"https:\/\/www.almalnews.com\/Story\/394224\/11\/%C2%AB%D8%B1%D8%A7%D9%8A%D8%A9%C2%BB-%D9%84%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9-%D8%AA%D8%AF%D8%B1%D8%B3-%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%85%D8%B5%D9%86%D8%B9-%D9%84%D8%BA%D8%B3%D8%A7%D9%84%D8%A7%D8%AA-%D8%B3%D8%A7%D9%85%D8%B3%D9%88%D9%86%D8%AC-%D8%A8%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7\">tells Al Mal<\/a>. Construction would begin within a year. Raya and Samsung had signed a separate USD 3.5 mn agreement <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/04\/raya-signs-usd-3-5-mn-agreement-with-samsung-to-manufacture-washing-machines\/\">earlier this year<\/a> to manufacture top-loading washing machines.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A subsidiary of Raya Holding is studying a EGP 300 mn investment in a plant that would manufacture washing machines in partnership with Samsung, CEO Medhat Khalil tells Al Mal. Construction would begin within a year. Raya and Samsung had signed a separate USD 3.5 mn agreement earlier this year to manufacture top-loading washing machines.<\/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],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622978","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-enterpriseam","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"384a95d9-c931-4b77-afb3-bba62d514240","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Raya, Samsung mull EGP 300 mn washing machine plant","related_issue":[622945],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.56741ce0-3e38-4d7a-9ed8-0d4ed637108a.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, Samsung mull EGP 300 mn washing machine plant - 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\/10\/17\/raya-samsung-mull-egp-300-mn-washing-machine-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raya, Samsung mull EGP 300 mn washing machine plant\" \/>\n<meta property=\"og:description\" content=\"A subsidiary of Raya Holding is studying a EGP 300 mn investment in a plant that would manufacture washing machines in partnership with Samsung, CEO Medhat Khalil tells Al Mal. Construction would begin within a year. Raya and Samsung had signed a separate USD 3.5 mn agreement earlier this year to manufacture top-loading washing machines.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/raya-samsung-mull-egp-300-mn-washing-machine-plant\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-17T03:24:54+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\/2018\/10\/17\/raya-samsung-mull-egp-300-mn-washing-machine-plant\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/raya-samsung-mull-egp-300-mn-washing-machine-plant\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Raya, Samsung mull EGP 300 mn washing machine plant\",\"datePublished\":\"2018-10-17T03:24:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/raya-samsung-mull-egp-300-mn-washing-machine-plant\/\"},\"wordCount\":61,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Manufacturing\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/raya-samsung-mull-egp-300-mn-washing-machine-plant\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/raya-samsung-mull-egp-300-mn-washing-machine-plant\/\",\"name\":\"Raya, Samsung mull EGP 300 mn washing machine plant - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-10-17T03:24:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/raya-samsung-mull-egp-300-mn-washing-machine-plant\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/raya-samsung-mull-egp-300-mn-washing-machine-plant\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/raya-samsung-mull-egp-300-mn-washing-machine-plant\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Raya, Samsung mull EGP 300 mn washing machine plant\"}]},{\"@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, Samsung mull EGP 300 mn washing machine plant - 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\/2018\/10\/17\/raya-samsung-mull-egp-300-mn-washing-machine-plant\/","og_locale":"en_US","og_type":"article","og_title":"Raya, Samsung mull EGP 300 mn washing machine plant","og_description":"A subsidiary of Raya Holding is studying a EGP 300 mn investment in a plant that would manufacture washing machines in partnership with Samsung, CEO Medhat Khalil tells Al Mal. 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The production line will see machines manufactured under the Samsung trademark in accordance with a EUR 4 mn agreement, and will source 60% of its components locally.","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":634106,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/raya-signs-usd-3-5-mn-agreement-with-samsung-to-manufacture-washing-machines\/","url_meta":{"origin":622978,"position":1},"title":"Raya signs USD 3.5 mn agreement with Samsung to manufacture washing machines","author":"enterpriseam admin","date":"4 January 2018","format":false,"excerpt":"A subsidiary of Raya Holding signed a partnership agreement with Samsung to manufacture top-loading washing machines, according to a bourse disclosure. 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":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":622978,"position":2},"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":[]},{"id":596729,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/07\/raya-auto-plans-investing-egp-300-mn-in-making-motorcycles-and-electric-vehicles\/","url_meta":{"origin":622978,"position":3},"title":"Raya Auto plans investing EGP 300 mn in making motorcycles and electric vehicles","author":"enterpriseam admin","date":"7 July 2019","format":false,"excerpt":"INVESTMENT WATCH- Raya Auto plans to invest EGP 300 mn in three years: Raya Holding\u2019s automotive unit Raya Auto is planning to invest around EGP 300 mn over the coming three years to manufacture motorcycles and electric vehicles, CEO Tamer Abdel Aziz said, according to the local press. The company\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":591522,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/09\/raya-holding-to-invest-egp-1-bn-in-home-appliance-production-lines\/","url_meta":{"origin":622978,"position":4},"title":"Raya Holding to invest EGP 1 bn in home appliance production lines","author":"enterpriseam admin","date":"9 December 2019","format":false,"excerpt":"INVESTMENT WATCH- Raya Holding to invest EGP 1 bn in home appliance production lines: Raya Holding is planning to set up several new home appliance production lines, an investment that could cost as much as EGP 1 bn, Chairman Medhat Khalil tells Al Mal. The group is in talks with\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":570070,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-chinas-haier-electric-to-establish-egp-200-mn-home-appliances-factory\/","url_meta":{"origin":622978,"position":5},"title":"Raya, China\u2019s Haier Electric to establish EGP 200 mn home appliances factory","author":"enterpriseam admin","date":"17 March 2020","format":false,"excerpt":"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. 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