{"id":638332,"date":"2017-10-02T03:40:58","date_gmt":"2017-10-02T03:40:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/savola-group-eyes-expansion-in-egypt\/"},"modified":"2017-10-02T03:40:58","modified_gmt":"2017-10-02T03:40:58","slug":"savola-group-eyes-expansion-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/savola-group-eyes-expansion-in-egypt\/","title":{"rendered":"Savola Group eyes expansion in Egypt"},"content":{"rendered":"

Saudi Arabia\u2019s Savola Group is eying expanding in Egypt, said the company\u2019s CEO Bader Hamad Al Aujan at a meeting with Trade and Minister Tarek Kabil and Supply Minister Ali El Moselhi, according to Al Masry Al Youm<\/a>. Though Al Aujan was vague on the nature of this expansion, El Moselhi had reportedly said at the meeting that he welcomed Savola\u2019s participation in Supply Ministry tenders to supply government outlets.<\/p>\n","protected":false},"excerpt":{"rendered":"

Saudi Arabia\u2019s Savola Group is eying expanding in Egypt, said the company\u2019s CEO Bader Hamad Al Aujan at a meeting with Trade and Minister Tarek Kabil and Supply Minister Ali El Moselhi, according to Al Masry Al Youm. Though Al Aujan was vague on the nature of this expansion, El Moselhi had reportedly said at […]<\/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-638332","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"4b2a6896-a259-4446-9c32-b5b6e97d8356","order":"0","is_powered_by":true,"section_story_id":"9ef967f9-9be9-47b1-bfd4-0d9e762a40bc","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638298],"teaser":"","voice_url":""},"yoast_head":"\nSavola Group eyes expansion in Egypt - 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\/10\/02\/savola-group-eyes-expansion-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Savola Group eyes expansion in Egypt\" \/>\n<meta property=\"og:description\" content=\"Saudi Arabia\u2019s Savola Group is eying expanding in Egypt, said the company\u2019s CEO Bader Hamad Al Aujan at a meeting with Trade and Minister Tarek Kabil and Supply Minister Ali El Moselhi, according to Al Masry Al Youm. Though Al Aujan was vague on the nature of this expansion, El Moselhi had reportedly said at […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/savola-group-eyes-expansion-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-02T03:40:58+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\/10\/02\/savola-group-eyes-expansion-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/savola-group-eyes-expansion-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Savola Group eyes expansion in Egypt\",\"datePublished\":\"2017-10-02T03:40:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/savola-group-eyes-expansion-in-egypt\/\"},\"wordCount\":79,\"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\/2017\/10\/02\/savola-group-eyes-expansion-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/savola-group-eyes-expansion-in-egypt\/\",\"name\":\"Savola Group eyes expansion in Egypt - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-10-02T03:40:58+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/savola-group-eyes-expansion-in-egypt\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/savola-group-eyes-expansion-in-egypt\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/savola-group-eyes-expansion-in-egypt\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Savola Group eyes expansion in Egypt\"}]},{\"@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":"Savola Group eyes expansion in Egypt - 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\/10\/02\/savola-group-eyes-expansion-in-egypt\/","og_locale":"en_US","og_type":"article","og_title":"Savola Group eyes expansion in Egypt","og_description":"Saudi Arabia\u2019s Savola Group is eying expanding in Egypt, said the company\u2019s CEO Bader Hamad Al Aujan at a meeting with Trade and Minister Tarek Kabil and Supply Minister Ali El Moselhi, according to Al Masry Al Youm. 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Local sugar producers and beet farmers, including El Nobaria for Sugar Refining head Hassan Kamel, say that the government had promised them\u2026","rel":"","context":"In "Basic Materials + Commodities"","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":614105,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/28\/hedging-is-off-the-table-for-wheat-contracts-el-moselhi\/","url_meta":{"origin":638332,"position":1},"title":"Hedging is off the table for wheat contracts - El Moselhi","author":"enterpriseam admin","date":"28 January 2024","format":false,"excerpt":"Egypt\u2019s strategic reserves of wheat currently stand at 4.2 months","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/913.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":613610,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/17\/el-moselhi-on-the-hot-seat\/","url_meta":{"origin":638332,"position":2},"title":"El Moselhi on the hot seat","author":"enterpriseam admin","date":"17 January 2024","format":false,"excerpt":"It was a shouty night on the airwaves yesterday, as an unusually rowdy House earlier in the day aimed their sights on Supply Minister Ali El Moselhi to vent their frustration over commodity shortages and price hikes.Supply minister under fire: \u201cThis is not a House that pats [on the back].\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1400.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":634415,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/15\/savola-plans-to-increase-investments-in-egypt\/","url_meta":{"origin":638332,"position":3},"title":"Savola plans to increase investments in Egypt","author":"enterpriseam admin","date":"15 January 2018","format":false,"excerpt":"INVESTMENT WATCH- Saudi Arabia\u2019s Savola Group is planning to increase its investments in Egypt over the coming period to keep up with rising demand for its products, Group CEO Bader Hamad Al Aujan tells Al Shorouk. The company, which says it has about EGP 28 bn in investments in Egypt,\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":652938,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/23\/egp-float-impacts-international-companies-savola-schlumberger-report-impairment-charges\/","url_meta":{"origin":638332,"position":4},"title":"EGP float impacts international companies, Savola, Schlumberger report impairment charges","author":"enterpriseam admin","date":"23 January 2017","format":false,"excerpt":"The impact of the EGP float on international companies\u2019 bottom lines is starting to show: Savola Group recorded a larger-than-expected net loss in 4Q2016 of SAR 964.3 mn (USD 257.2 mn). The company said it had to take losses in Egypt due to the EGP devaluation as well as impairment\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":562958,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/13\/pharos-energy-strikes-oil-in-fayoum\/","url_meta":{"origin":638332,"position":5},"title":"Pharos Energy strikes oil in Fayoum","author":"enterpriseam admin","date":"13 June 2021","format":false,"excerpt":"Pharos Energy finds oil in two reservoirs at Egyptian well: Pharos Energy announced an oil discovery with potential of 4.3 mn barrels in its Abu Rawash Lower \u201cG\u201d reservoir, and a smaller 430k barrel deposit in its Upper Bahariya reservoir, the company said in a statement on Thursday. 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