Investment bank acted as sell-side advisor to Spinneys shareholders
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Opening on November 4th of new branch was well-received by local residents
Spinneys Egypt announced opening a new multi-million-pound branch in El Shorouk city, on Sunday.
Marakez for real estate investment has signed a 15-year agreement with Spinneys hypermarket to lease approximately 4,100 sqm in Mall of Tanta, according to a Saturday press statement. The company is the Egyptian arm of Saudi Arabian conglomerate Fawaz Alhokair Group, the largest mall developer in the Middle East. “At Marakez, we made a concerted, …
Spinneys continues its expansion across Egypt with its recent opening of a new store in Sheikh Zayed. On Thursday April 20, the newest Spinneys supermarket opened its doors to residents of the upscale neighbourhood of Sheikh Zayed in the new Mazar Mall. “We are pleased to be responding to requests by local residents to open …
Spinneys opened its second store in Cairo on 14 December, celebrating more than 10 years as Egypt’s foremost supplier of grocery and household products. The newest Spinneys supermarket is located in the upper-class neighbourhood of New Cairo in Arena Mall. “We are overjoyed to be responding to requests by residents to open another store in New …
The new outlet for Spinneys is the second to be launched this year, following the opening of a new branch in Alexandria. Two other stores are scheduled to open this year.
On March 10, the newest Spinneys supermarket opened its doors to Alexandrians in the upscale neighborhood of Smouha
Spinneys first entered the Egyptian market nine years ago, and has since made significant strides to increase its presence locally, and also to enhance the brand’s image and awareness
Spinneys opened its first branch in Egypt nine years ago, and since then has made significant strides to increase its presence locally and also to enhance the brand’s image and awareness.
Spoiled foodstuffs stall deal after many complaints from consumers and raids of Spinneys branches in City Stars, Mall of Arabia, and Hurghada
Investment groups pursue stakes in Egyptian supermarkets