Egypt’s Nile, Al-Ahram Companies eye $19mn-sales in Eid- Al-Adha

Egypt-owned Nile and Al-Ahram companies for consumer complexes eye achieving sales volume of 175 million Egyptian pounds (US$19.7 million) during Eid Al-Adha.

Al-Ahram and Nile companies are affiliates of the Egyptian Food Industries Holding Company (FIHC).

Speaking to Amwal Al Ghad Tuesday, Chairman of Al-Ahram and Nile companies, Adel El Khatib stated that the companies plan to boost their sales volume by 40 percent this year.

He added that Al-Ahram company is expected to attain sales of 100 million pounds while Nile company is expected to obtain sales estimated at 75 million pounds during Eid Al-Adha.

The chairperson noted that both firms are currently pumping more commodities and meats in all branches to get prepared for Eid Al-Adha.