{"id":637598,"date":"2017-11-20T04:08:30","date_gmt":"2017-11-20T04:08:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/knock-mart-to-invest-egp-25-mn-in-new-branches-next-year\/"},"modified":"2017-11-20T04:08:30","modified_gmt":"2017-11-20T04:08:30","slug":"knock-mart-to-invest-egp-25-mn-in-new-branches-next-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/knock-mart-to-invest-egp-25-mn-in-new-branches-next-year\/","title":{"rendered":"Knock Mart to invest EGP 25 mn in new branches next year"},"content":{"rendered":"

Knock Mart is investing EGP 25 mn next year to open 20 new stores across the country, CEO Ahmed Taher told Al Mal<\/a>. The increase brings their cumulative investments to EGP 65 mn and a total of 40 stores in operation, he added. Knock Mart recently signed an agreement<\/a> with Jumia to offer fresh produce online and has submitted a bid to acquire the Dina Farms supermarket chain.<\/p>\n","protected":false},"excerpt":{"rendered":"

Knock Mart is investing EGP 25 mn next year to open 20 new stores across the country, CEO Ahmed Taher told Al Mal. The increase brings their cumulative investments to EGP 65 mn and a total of 40 stores in operation, he added. Knock Mart recently signed an agreement with Jumia to offer fresh produce […]<\/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":[9315],"tags":[72,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637598","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"459e822f-100d-4656-a2d2-8e7ec3f256b2","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[637565],"teaser":"","voice_url":""},"yoast_head":"\nKnock Mart to invest EGP 25 mn in new branches next year - 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\/11\/20\/knock-mart-to-invest-egp-25-mn-in-new-branches-next-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Knock Mart to invest EGP 25 mn in new branches next year\" \/>\n<meta property=\"og:description\" content=\"Knock Mart is investing EGP 25 mn next year to open 20 new stores across the country, CEO Ahmed Taher told Al Mal. The increase brings their cumulative investments to EGP 65 mn and a total of 40 stores in operation, he added. 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He did not disclose\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639388,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/knock-mart-wants-to-acquire-qalaas-dina-farms-supermarkets\/","url_meta":{"origin":637598,"position":1},"title":"Knock Mart wants to acquire Qalaa\u2019s Dina Farms supermarkets","author":"enterpriseam admin","date":"29 October 2017","format":false,"excerpt":"M&A WATCH- Online grocery delivery specialist Knock Mart has presented an offer to acquire the Dina Farms supermarket chain from Qalaa Holdings\u2019 Arabian Company for Services and Trade, Al Mal reports. Knock Mart is being advised by Haykala Investment Managers and Matouk Bassiouny is legal counsel. 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The company is also opening 10 new booths in Cairo metro stations within 10 days, with plans for further expansion with\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639421,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/eceta-to-manage-operate-egp-600-mn-mall-in-cairo-next-year\/","url_meta":{"origin":637598,"position":4},"title":"ECETA to manage, operate EGP 600 mn mall in Cairo next year","author":"enterpriseam admin","date":"29 October 2017","format":false,"excerpt":"The Egyptian Company for Entertainment and Tourist Attractions (ECETA) will manage and operate a EGP 600 mn mall in Cairo as of next April, Chairman Sherif Sultan said, Al Masry Al Youm reports. 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