{"id":623342,"date":"2018-10-28T03:50:36","date_gmt":"2018-10-28T03:50:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/28\/domty-plans-new-local-investment-as-it-temporarily-shelves-african-expansion-strategy\/"},"modified":"2018-10-28T03:50:36","modified_gmt":"2018-10-28T03:50:36","slug":"domty-plans-new-local-investment-as-it-temporarily-shelves-african-expansion-strategy","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/28\/domty-plans-new-local-investment-as-it-temporarily-shelves-african-expansion-strategy\/","title":{"rendered":"Domty plans new local investment as it temporarily shelves African expansion strategy"},"content":{"rendered":"<p>Domty will be committing new capital to the local market in the coming months after the company decided to postpone plans to expand further into Africa given the continent\u2019s current currency problems, Vice Chairman Mohamed El Damaty said, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=27102018&id=3d5ca53f-856c-4676-b9dd-fbfe1ad0956e\">according to Al Shorouk<\/a>. The company\u2019s new investments are expected to significantly boost output and help increase its market share as it launches new products, El Damaty said, refusing to discuss the details further.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Domty will be committing new capital to the local market in the coming months after the company decided to postpone plans to expand further into Africa given the continent\u2019s current currency problems, Vice Chairman Mohamed El Damaty said, according to Al Shorouk. The company\u2019s new investments are expected to significantly boost output and help increase [&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":[1598,72,125,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-623342","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-domty","tag-enterpriseam","tag-investment-watch","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"6e2a1a23-fe92-4b0c-8a97-ca22b5b69fcc","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Domty plans new local investment as it temporarily shelves African expansion strategy","related_issue":[623309],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.008b0a5c-c139-46cd-ba20-03d0122d18ac.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>Domty plans new local investment as it temporarily shelves African expansion strategy - 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\/28\/domty-plans-new-local-investment-as-it-temporarily-shelves-african-expansion-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Domty plans new local investment as it temporarily shelves African expansion strategy\" \/>\n<meta property=\"og:description\" content=\"Domty will be committing new capital to the local market in the coming months after the company decided to postpone plans to expand further into Africa given the continent\u2019s current currency problems, Vice Chairman Mohamed El Damaty said, according to Al Shorouk. 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