Egypt’s retailer El Fergany to open 3 new branches this year

Egypt’s El Fergany Hypermarket plans to open three new branches in Obour city as well as Heliopolis and Nozha districts within 2019, said a senior official in the retail chain on Wednesday.

The three branches are with investments worth 50 million Egyptian pounds ($2.9 million), public relations manager Ahmed el-Shemy further told Amwal Al Ghad.

“The new branches will provide around 360 job opportunities,” he said.

By adding these branches, El Fergany will have a network of 15 branches at the end of this year, el-Shemy said.