{"id":635981,"date":"2017-12-18T04:02:22","date_gmt":"2017-12-18T04:02:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/gmc-to-invest-egp-165-mn-in-2018\/"},"modified":"2017-12-18T04:02:22","modified_gmt":"2017-12-18T04:02:22","slug":"gmc-to-invest-egp-165-mn-in-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/gmc-to-invest-egp-165-mn-in-2018\/","title":{"rendered":"GMC to invest EGP 165 mn in 2018"},"content":{"rendered":"<p>GMC Group For Industrial Commercial and Financial Investments plans on investing EGP 165 mn in 2018, President Mohamed Geneidy said in <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1232705\">statements picked up by AMAY<\/a>. The investments include spending EGP 50 mn on increasing production capacity of its factories producing washing machines and freezers and the development of new production lines for other household appliances. The company also plans to invest EGP 100 mn in developing a restaurant complex in Mohandiseen and EGP 15 mn into a commercial space in the Haram area.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GMC Group For Industrial Commercial and Financial Investments plans on investing EGP 165 mn in 2018, President Mohamed Geneidy said in statements picked up by AMAY. The investments include spending EGP 50 mn on increasing production capacity of its factories producing washing machines and freezers and the development of new production lines for other household [&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":[72,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635981","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-enterpriseam","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"52040069-bd42-4310-914d-10e74f9f298f","order":"0","is_powered_by":true,"section_story_id":"049e9d1f-17a1-4c16-814c-ff7f0d91a399","story_type":"1","photo_url":"","photo_position":"above","related_issue":[635944],"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>GMC to invest EGP 165 mn in 2018 - 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\/18\/gmc-to-invest-egp-165-mn-in-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GMC to invest EGP 165 mn in 2018\" \/>\n<meta property=\"og:description\" content=\"GMC Group For Industrial Commercial and Financial Investments plans on investing EGP 165 mn in 2018, President Mohamed Geneidy said in statements picked up by AMAY. The investments include spending EGP 50 mn on increasing production capacity of its factories producing washing machines and freezers and the development of new production lines for other household [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/gmc-to-invest-egp-165-mn-in-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-18T04:02:22+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\/2017\/12\/18\/gmc-to-invest-egp-165-mn-in-2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/gmc-to-invest-egp-165-mn-in-2018\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"GMC to invest EGP 165 mn in 2018\",\"datePublished\":\"2017-12-18T04:02:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/gmc-to-invest-egp-165-mn-in-2018\/\"},\"wordCount\":85,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Manufacturing\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/gmc-to-invest-egp-165-mn-in-2018\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/gmc-to-invest-egp-165-mn-in-2018\/\",\"name\":\"GMC to invest EGP 165 mn in 2018 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-12-18T04:02:22+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/gmc-to-invest-egp-165-mn-in-2018\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/gmc-to-invest-egp-165-mn-in-2018\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/gmc-to-invest-egp-165-mn-in-2018\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GMC to invest EGP 165 mn in 2018\"}]},{\"@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":"GMC to invest EGP 165 mn in 2018 - 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\/2017\/12\/18\/gmc-to-invest-egp-165-mn-in-2018\/","og_locale":"en_US","og_type":"article","og_title":"GMC to invest EGP 165 mn in 2018","og_description":"GMC Group For Industrial Commercial and Financial Investments plans on investing EGP 165 mn in 2018, President Mohamed Geneidy said in statements picked up by AMAY. 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The company will now have 11 production lines at its Giza facility, allowing it to produce 90 million boxes of the pain\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\/2021\/3\/465.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576870,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/01\/beyti-is-looking-to-invest-egp-440-mn-in-egypt-over-two-years\/","url_meta":{"origin":635981,"position":1},"title":"Beyti is looking to invest EGP 440 mn in Egypt over two years","author":"enterpriseam admin","date":"1 November 2022","format":false,"excerpt":"Dairy and juice producer Beyti plans to invest EGP 440 mn in Egypt over the next two years, split equally between this year and next, CEO Mark Wiley said at a press conference, according to Mubasher. Wiley said earlier this year that the company would invest EGP 250 mn in\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\/2022\/11\/41.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591392,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/04\/obour-land-to-invest-egp-30-mn-in-new-production-lines\/","url_meta":{"origin":635981,"position":2},"title":"Obour Land to invest EGP 30 mn in new production lines","author":"enterpriseam admin","date":"4 December 2019","format":false,"excerpt":"Obour Land plans to invest EGP 30 mn to add new production lines in 2020, Deputy Chairman Ashraf Hamed said, according to Al Mal. The company will also establish a new dairy factory in the middle of next year that will produce 36k tonnes of milk a year.","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":635694,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/oriental-weavers-to-invest-egp-120-mn-in-production-lines-and-equipment\/","url_meta":{"origin":635981,"position":3},"title":"Oriental Weavers to invest EGP 120 mn in production lines and equipment","author":"enterpriseam admin","date":"11 December 2017","format":false,"excerpt":"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. 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