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Monday, 20 November 2017

Knock Mart to invest EGP 25 mn in new branches next year

Knock Mart is investing EGP 25 mn next year to open 20 new stores across the country, CEO Ahmed Taher told Al Mal. The increase brings their cumulative investments to EGP 65 mn and a total of 40 stores in operation, he added. Knock Mart recently signed an agreement with Jumia to offer fresh produce online and has submitted a bid to acquire the Dina Farms supermarket chain.

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