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Sunday, 13 May 2018

Monginis to invest EGP 30 mn in 30 new stores this year

Indian bakery and pastry chain Monginis is planning to invest EGP 30 mn this year to open 30 new stores across the country, Director Adnan Khorakiwala tells Al Mal. The company is also opening 10 new booths in Cairo metro stations within 10 days, with plans for further expansion with new metro stations. Mongini’s new factory in Sadat City is expected to be fully operational by the end of 2019, says Khorakiwala.

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