{"id":627565,"date":"2018-06-05T04:12:34","date_gmt":"2018-06-05T04:12:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/05\/kabil-to-inaugurate-threeunionaire-group-factories-with-saudi-egyptian-investments-worth-usd-100-mn\/"},"modified":"2018-06-05T04:12:34","modified_gmt":"2018-06-05T04:12:34","slug":"kabil-to-inaugurate-threeunionaire-group-factories-with-saudi-egyptian-investments-worth-usd-100-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/05\/kabil-to-inaugurate-threeunionaire-group-factories-with-saudi-egyptian-investments-worth-usd-100-mn\/","title":{"rendered":"Kabil to inaugurate threeUnionaire Group factories with Saudi-Egyptian investments worth USD 100 mn"},"content":{"rendered":"

INVESTMENT WATCH- Trade Minister to inaugurate three new Unionaire factories in three weeks: <\/strong>Trade and Industry Minister Tarek Kabil is expected within the coming weeks to inaugurate three new Unionaire Group factories worth a collective USD 100 mn, according to a ministry statement<\/a>. The factories in Six October City \u2014 which will produce an annual 750k television screens, 500k refrigerators, and 300k washing machines in their first phase of operation \u2014 are being partially financed through Egyptian-Saudi investments, with Unionaire contributing around EGP 1.5 bn to the project, according to Chairman Mohamed Fathy.<\/p>\n

Kabil is also expected to break ground soon on Unionaire\u2019s EGP 1 bn export-focused industrial complex,<\/strong> which will produce heavy-duty electric appliances, such as air conditioners, refrigerators, and washing machines, as the company looks to expand its presence in the Egyptian market and the region. Sources had said last year that the 80,000 sqm area would be complete by July 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Trade Minister to inaugurate three new Unionaire factories in three weeks: Trade and Industry Minister Tarek Kabil is expected within the coming weeks to inaugurate three new Unionaire Group factories worth a collective USD 100 mn, according to a ministry statement. The factories in Six October City \u2014 which will produce an annual […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627565","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"1cdeb614-58a0-4ecc-b133-7c72b1f91ef7","order":"0","is_powered_by":true,"section_story_id":"c5c053a3-d094-4045-8856-09a192ea2524","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627550],"teaser":"","voice_url":""},"yoast_head":"\nKabil to inaugurate threeUnionaire Group factories with Saudi-Egyptian investments worth USD 100 mn - 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\/06\/05\/kabil-to-inaugurate-threeunionaire-group-factories-with-saudi-egyptian-investments-worth-usd-100-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kabil to inaugurate threeUnionaire Group factories with Saudi-Egyptian investments worth USD 100 mn\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Trade Minister to inaugurate three new Unionaire factories in three weeks: Trade and Industry Minister Tarek Kabil is expected within the coming weeks to inaugurate three new Unionaire Group factories worth a collective USD 100 mn, according to a ministry statement. The factories in Six October City \u2014 which will produce an annual […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/05\/kabil-to-inaugurate-threeunionaire-group-factories-with-saudi-egyptian-investments-worth-usd-100-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-05T04:12:34+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/05\/kabil-to-inaugurate-threeunionaire-group-factories-with-saudi-egyptian-investments-worth-usd-100-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/05\/kabil-to-inaugurate-threeunionaire-group-factories-with-saudi-egyptian-investments-worth-usd-100-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Kabil to inaugurate threeUnionaire Group factories with Saudi-Egyptian investments worth USD 100 mn\",\"datePublished\":\"2018-06-05T04:12:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/05\/kabil-to-inaugurate-threeunionaire-group-factories-with-saudi-egyptian-investments-worth-usd-100-mn\/\"},\"wordCount\":160,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/05\/kabil-to-inaugurate-threeunionaire-group-factories-with-saudi-egyptian-investments-worth-usd-100-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/05\/kabil-to-inaugurate-threeunionaire-group-factories-with-saudi-egyptian-investments-worth-usd-100-mn\/\",\"name\":\"Kabil to inaugurate threeUnionaire Group factories with Saudi-Egyptian investments worth USD 100 mn - 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The facilities include five production lines at the refrigerator factory and another seven at the television screens factor.\u2026","rel":"","context":"In "Manufacturing"","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":634916,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/29\/mars-to-inaugurate-egp-750-mn-expansion-by-februarys-end-kabil\/","url_meta":{"origin":627565,"position":1},"title":"Mars to inaugurate EGP 750 mn expansion by February\u2019s end -Kabil","author":"enterpriseam admin","date":"29 January 2018","format":false,"excerpt":"INVESTMENT WATCH: International confectionery producer Mars will inaugurate two new production lines by the end of February, Trade and Industry Minister Tarek Kabil said, according to Al Mal. 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