{"id":631676,"date":"2018-03-25T04:11:26","date_gmt":"2018-03-25T04:11:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/turkeys-bim-to-increase-egypt-capital-by-usd-7-4-mn\/"},"modified":"2018-03-25T04:11:26","modified_gmt":"2018-03-25T04:11:26","slug":"turkeys-bim-to-increase-egypt-capital-by-usd-7-4-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/turkeys-bim-to-increase-egypt-capital-by-usd-7-4-mn\/","title":{"rendered":"Turkey\u2019s BIM to increase Egypt capital by USD 7.4 mn"},"content":{"rendered":"<p>Turkish discount supermarket operator BIM has decided to increase the share capital of Egypt-based unit BIM Stores by USD 7.4 mn, <a href=\"https:\/\/www.reuters.com\/article\/brief-bim-decides-to-increase-share-capi\/brief-bim-decides-to-increase-share-capital-of-egypt-based-unit-bim-stores-by-7-4-mln-idUSFWN1R40U9\">according to Reuters<\/a>. The increase will be paid in cash, the newswire notes. No additional detail was provided. BIM had <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/04\/bim-to-expand-retail-outlets-to-300-this-year\/\">announced last July<\/a> that it was planning to increase its number of retail outlets in Egypt to 300 from 256 in 2017.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Turkish discount supermarket operator BIM has decided to increase the share capital of Egypt-based unit BIM Stores by USD 7.4 mn, according to Reuters. The increase will be paid in cash, the newswire notes. No additional detail was provided. BIM had announced last July that it was planning to increase its number of retail outlets [&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":[9309],"tags":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-631676","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"e0098bd9-3631-4aa9-a44b-c01d57483bec","order":"0","is_powered_by":true,"section_story_id":"816b2839-e647-48ef-8b30-5d81b00cea20","story_type":"1","photo_url":"","photo_position":"above","related_issue":[631644],"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>Turkey\u2019s BIM to increase Egypt capital by USD 7.4 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\/03\/25\/turkeys-bim-to-increase-egypt-capital-by-usd-7-4-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Turkey\u2019s BIM to increase Egypt capital by USD 7.4 mn\" \/>\n<meta property=\"og:description\" content=\"Turkish discount supermarket operator BIM has decided to increase the share capital of Egypt-based unit BIM Stores by USD 7.4 mn, according to Reuters. The increase will be paid in cash, the newswire notes. No additional detail was provided. BIM had announced last July that it was planning to increase its number of retail outlets [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/turkeys-bim-to-increase-egypt-capital-by-usd-7-4-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-25T04:11:26+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\/03\/25\/turkeys-bim-to-increase-egypt-capital-by-usd-7-4-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/turkeys-bim-to-increase-egypt-capital-by-usd-7-4-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Turkey\u2019s BIM to increase Egypt capital by USD 7.4 mn\",\"datePublished\":\"2018-03-25T04:11:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/turkeys-bim-to-increase-egypt-capital-by-usd-7-4-mn\/\"},\"wordCount\":69,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/turkeys-bim-to-increase-egypt-capital-by-usd-7-4-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/turkeys-bim-to-increase-egypt-capital-by-usd-7-4-mn\/\",\"name\":\"Turkey\u2019s BIM to increase Egypt capital by USD 7.4 mn - 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There is a need for commercial chains in the Delta and governorates other than Cairo, the company\u2019s regional director says. BIM, which has invested around USD 77 mn in Egypt since it\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":549133,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/05\/bim-to-invest-usd-25-mn-to-expand-egypt-footprint\/","url_meta":{"origin":631676,"position":1},"title":"Bim to invest USD 25 mn to expand Egypt footprint","author":"enterpriseam admin","date":"5 September 2022","format":false,"excerpt":"Supermarket chain Bim Egypt plans to invest USD 25 mn to open hundreds of new branches, Al Mal reports, citing people familiar with the matter. The Turkish retailer reportedly wants to open as many as 200 branches during the first half of 2023. Bim first entered Egypt in 2013 and\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649681,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/06\/sakr-group-looking-to-increase-exports-to-usd-30-mn-in-2017\/","url_meta":{"origin":631676,"position":2},"title":"Sakr Group looking to increase exports to USD 30 mn in 2017","author":"enterpriseam admin","date":"6 March 2017","format":false,"excerpt":"Sakr Group for Food Industries is looking to increase exports by 66% to reach USD 30 mn this year, Daily News Egypt reports. The company is targeting Arab and European countries, as well as the United States to reach its targets, chairman Ahmed Sakr says.","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":650727,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/the-profile-of-egypts-food-retail-sector\/","url_meta":{"origin":631676,"position":3},"title":"The profile of Egypt\u2019s food retail sector","author":"enterpriseam admin","date":"30 March 2017","format":false,"excerpt":"Food sales at Egyptian supermarkets and hypermarkets are expected to double from their 2011 levels by 2017, according to a report by the USDA Foreign Agriculture Service. Smaller supermarket outlets opened by Turkey\u2019s BIM and home-grown hard discounter Kazyon represent a growing percentage of the modern supermarket retail channel in\u2026","rel":"","context":"In &quot;Worth reading&quot;","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636505,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/01\/contact-financial-is-setting-up-an-ins-consultancy-firm-plus-news-from-banque-misr-visa-misr-ins-emaar-misr\/","url_meta":{"origin":631676,"position":4},"title":"Contact Financial is setting up an ins. consultancy firm. 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