{"id":665733,"date":"2025-05-22T00:00:00","date_gmt":"2025-05-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/22\/six-local-players-set-up-new-entity-to-expand-into-african-markets\/"},"modified":"2025-05-22T00:00:00","modified_gmt":"2025-05-22T00:00:00","slug":"six-local-players-set-up-new-entity-to-expand-into-african-markets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/22\/six-local-players-set-up-new-entity-to-expand-into-african-markets\/","title":{"rendered":"Six local players set up new entity to expand into African markets"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">EXPANSION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Six local companie<\/strong><strong>s formed<\/strong><strong> the Egyptian Industrial Export Hub<\/strong><strong> to expand into Kenya, <\/strong><strong>Nigeria, Ghana<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2025\/05\/21\/1889594\" style=\"\" rel=\"noopener\">Al Borsa<\/a> reports, citing Managing Director Mona Wahba. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The alliance will begin by exporting building materials and chemical products during the <\/strong><strong>first six months<\/strong> and will later broaden its offerings to match the needs of each market. The alliance is also planning to open a logistics warehouse in Nairobi to encourage Egyptian exports to Kenya, Uganda, Tanzania, and South Sudan, she added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Our friends <\/strong><strong>at Egypt Kuwait Holding (EKH) have taken their first step into the Saudi <\/strong><strong>market <\/strong>after having secured a 35-year exclusive concession to develop and operate a natural gas distribution network in Dammam through their subsidiary Egyptian Kuwaiti Advanced Operation and Maintenance Company, CEO Jon Rokk told <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2025\/05\/21\/%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA%D9%8A%D8%A9-%D9%84%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D8%AA%D8%B3%D9%84%D9%8A%D9%85-%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D8%BA%D8%A7%D8%B2-%D9%81%D9%8A-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D8%A8%D9%80-60-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%B1%D9%8A%D8%A7%D9%84\" style=\"\" rel=\"noopener\">Al Arabiya<\/a>. The first phase will come at an investment cost of SAR 60.3 mn, which has already been fully deployed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">F&B-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Edit<\/strong><strong>a\u2019s frozen food arm Edita Froze<\/strong><strong>n Food Industries has launched a new premium line <\/strong><strong>of frozen croissants, viennoiseries, and breads<\/strong> targeting hotels, restaurants, caf\u00e9s, and catering services, according to a company <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/5\/1873.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. The new line of products will leverage Edita\u2019s nationwide cold-chain distribution network.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS- Egypt Kuwait Holding has taken its first step into the Saudi market<\/p>\n","protected":false},"author":1,"featured_media":665734,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7209],"tags":[111,191,1668,93,72,145,91,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-665733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-edita","tag-egypt-kuwait-holding","tag-energy","tag-enterpriseam","tag-logistics","tag-oil-and-gas","tag-trade","wpautop","entry"],"acf":{"mongo_id":"68668038-747a-4cf6-80ad-983f3de3b41d","order":"16","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/5\/1882.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Six Egyptian players set up new entity to expand into African markets","related_issue":[665704],"teaser":"PLUS- Egypt Kuwait Holding has taken its first step into the Saudi market","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.b6fa2b1a-0ad1-48df-bd63-fb96d3aef74f.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Berzi made the announcement on the sidelines of a visit by Prime Minister Mostafa Madbouly and Trade Minister Nevine Gamea to the\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":667034,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/18\/egypt-kuwait-holding-to-sell-entire-63-4-delta-ins-stake-plus-sodic-madar-developments-punalu-erada-microfinance-disruptech-ventures\/","url_meta":{"origin":665733,"position":3},"title":"Egypt Kuwait Holding to sell entire 63.4% Delta Ins. stake. PLUS: SODIC, Madar Developments, Punalu, Erada Microfinance, DisrupTech Ventures","author":"enterpriseam admin","date":"18 June 2025","format":false,"excerpt":"The Morocco-based ins. player submitted an MTO to acquire up to 100% of Delta Ins. at EGP 40 per share last week,","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1765.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576265,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/17\/egypt-kuwait-holding-increases-stake-in-mohandes-insurance-by-another-2\/","url_meta":{"origin":665733,"position":4},"title":"Egypt Kuwait Holding increases stake in Mohandes Insurance by another 2%","author":"enterpriseam admin","date":"17 November 2020","format":false,"excerpt":"Egypt Kuwait Holding (EKH) has purchased another 2% stake in Mohandes Insurance, just a few days after it doubled its ownership in the insurance provider, according to a regulatory filing (pdf). EKH now holds 22% in Mohandes. Pharos Holding executed the transaction on the OTC market.","rel":"","context":"In &quot;Other Business News of Note&quot;","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":568554,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/15\/egypt-kuwait-holding-doubles-stake-in-mohandes-insurance\/","url_meta":{"origin":665733,"position":5},"title":"Egypt Kuwait Holding doubles stake in Mohandes Insurance","author":"enterpriseam admin","date":"15 November 2020","format":false,"excerpt":"M&A WATCH- Egypt Kuwait Holding (EKH) more than doubled its stake in Mohandes Insurance to 20.4% in a EGP 109.7 mn transaction, according to a regulatory filing (pdf) on Thursday. EKH, which already owned a 10% stake in the company, acquired the bulk of the shares from the National Bank\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/665733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=665733"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/665733\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/665704"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/665734"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=665733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=665733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=665733"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=665733"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=665733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}