{"id":650449,"date":"2017-03-23T04:12:44","date_gmt":"2017-03-23T04:12:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/23\/oriental-weavers-to-buy-usd-10-mn-worth-of-equipment\/"},"modified":"2017-03-23T04:12:44","modified_gmt":"2017-03-23T04:12:44","slug":"oriental-weavers-to-buy-usd-10-mn-worth-of-equipment","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/23\/oriental-weavers-to-buy-usd-10-mn-worth-of-equipment\/","title":{"rendered":"Oriental Weavers to buy USD 10 mn worth of equipment"},"content":{"rendered":"

Oriental Weavers is planning to buy 11 new looms and other equipment worth USD 10 mn in 2017, according to a bourse statement<\/a>. The company targets net sales of EGP 10-11 bn in 2017 with annual growth exceeding 50%.<\/p>\n","protected":false},"excerpt":{"rendered":"

Oriental Weavers is planning to buy 11 new looms and other equipment worth USD 10 mn in 2017, according to a bourse statement. The company targets net sales of EGP 10-11 bn in 2017 with annual growth exceeding 50%.<\/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-650449","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-enterpriseam","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"fa10f725-ff38-475d-9e1f-7a6ee6f28124","order":"0","is_powered_by":true,"section_story_id":"554a3ad7-fbb9-4e07-aea8-44ff7b07339e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[650409],"teaser":"","voice_url":""},"yoast_head":"\nOriental Weavers to buy USD 10 mn worth of 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\/03\/23\/oriental-weavers-to-buy-usd-10-mn-worth-of-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 buy USD 10 mn worth of equipment\" \/>\n<meta property=\"og:description\" content=\"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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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":635694,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/oriental-weavers-to-invest-egp-120-mn-in-production-lines-and-equipment\/","url_meta":{"origin":650449,"position":1},"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. 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