{"id":635694,"date":"2017-12-11T04:09:41","date_gmt":"2017-12-11T04:09:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/oriental-weavers-to-invest-egp-120-mn-in-production-lines-and-equipment\/"},"modified":"2017-12-11T04:09:41","modified_gmt":"2017-12-11T04:09:41","slug":"oriental-weavers-to-invest-egp-120-mn-in-production-lines-and-equipment","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/oriental-weavers-to-invest-egp-120-mn-in-production-lines-and-equipment\/","title":{"rendered":"Oriental Weavers to invest EGP 120 mn in production lines and equipment"},"content":{"rendered":"

Oriental Weavers is planning on spending EGP 120 mn on new production lines, machinery, and equipment over the next year, Founder Mohamed Khamis tells Al Shorouk<\/a>. The investments are part of the company\u2019s expansion strategy, which will be financed through a EUR 9 mn loan agreement with QNB Alahli. The company had announced plans in November to add 8-10 weaving looms by end-2018.<\/p>\n","protected":false},"excerpt":{"rendered":"

Oriental Weavers is planning on spending EGP 120 mn on new production lines, machinery, and equipment over the next year, Founder Mohamed Khamis tells Al Shorouk. The investments are part of the company\u2019s expansion strategy, which will be financed through a EUR 9 mn loan agreement with QNB Alahli. The company had announced plans in […]<\/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-635694","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-enterpriseam","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"93303fdb-055a-41ba-a74c-a18576238a3b","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[635666],"teaser":"","voice_url":""},"yoast_head":"\nOriental Weavers to invest EGP 120 mn in production lines and equipment - 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\/2017\/12\/11\/oriental-weavers-to-invest-egp-120-mn-in-production-lines-and-equipment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oriental Weavers to invest EGP 120 mn in production lines and equipment\" \/>\n<meta property=\"og:description\" content=\"Oriental Weavers is planning on spending EGP 120 mn on new production lines, machinery, and equipment over the next year, Founder Mohamed Khamis tells Al Shorouk. 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The company also plans to invest around EUR 15-20 mn this year to reach its production targets, according to El Diwani.\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":650449,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/23\/oriental-weavers-to-buy-usd-10-mn-worth-of-equipment\/","url_meta":{"origin":635694,"position":1},"title":"Oriental Weavers to buy USD 10 mn worth of equipment","author":"enterpriseam admin","date":"23 March 2017","format":false,"excerpt":"Oriental Weavers is planning to buy 11 new looms and other equipment worth USD 10 mn in 2017, according to a bourse statement. 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