By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Suez Cement invests millions of dollars in environmental sustainability efforts
    Suez Cement invests millions of dollars in environmental sustainability efforts
    June 6, 2023
    As Egypt decides to establish tourist chambers, federation, what is in it for tourism industry?
    As Egypt decides to establish tourist chambers, federation, what is in it for tourism industry?
    June 6, 2023
    FRA extends deadline for electing Egyptian federation for securities’ board for 3 months
    FRA extends deadline for electing Egyptian federation for securities’ board for 3 months
    June 6, 2023
    New MoU signed to develop SMEs in industrial zone in East Port Said
    New MoU signed to develop SMEs in industrial zone in East Port Said
    June 6, 2023
    CI Capital records revenues of EGP 1.6bn in 1Q 2023
    CI Capital records revenues of EGP 1.6bn in 1Q 2023
    June 6, 2023
  • Politics
    PoliticsShow More
    Arab League calls on Security Council to shoulder its responsibilities, oblige Israel to end occupation
    Arab League calls on Security Council to shoulder its responsibilities, oblige Israel to end occupation
    June 5, 2023
    Institute of Diplomatic Studies holds training course for diplomats from South Sudan
    Institute of Diplomatic Studies holds training course for diplomats from South Sudan
    June 5, 2023
    Al-Sisi participates in African meeting on mediation in Russian-Ukrainian crisis
    Al-Sisi participates in African meeting on mediation in Russian-Ukrainian crisis
    June 5, 2023
    Washington, Riyadh call for new ceasefire agreement in Sudan
    Washington, Riyadh call for new ceasefire agreement in Sudan
    June 5, 2023
    Ugandan president says 54 peacekeepers killed in Somalia deadly attack
    Ugandan president says 54 peacekeepers killed in Somalia deadly attack
    June 5, 2023
  • Interviews
    InterviewsShow More
    EFG Finance to launch unified platform gathering all its financing services: Alaa Al-Afifi
    EFG Finance to launch unified platform gathering all its financing services: Alaa Al-Afifi
    May 31, 2023
    I changed my artistic path to create ‘state of wonder’: Tarek Lotfi
    I changed my artistic path to create ‘state of wonder’: Tarek Lotfi
    May 25, 2023
    I adore Ramadan drama, ‘Telt Al-Talata’ series achieved great success: Ghada Abdel Razek
    I adore Ramadan drama, ‘Telt Al-Talata’ series achieved great success: Ghada Abdel Razek
    May 8, 2023
    We aim to establish Egypt as nearshore centre for Software AG for MET region: Rami Kichli
    We aim to establish Egypt as nearshore centre for Software AG for MET region: Rami Kichli
    April 29, 2023
    Egypt-Spain relations witness remarkable development in recent years: Spanish ambassador in Cairo
    Egypt-Spain relations witness remarkable development in recent years: Spanish ambassador in Cairo
    April 18, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Kazyon to inaugurate more than 100 stores in 2017 across Egypt
Share
Notification
Latest News
Suez Cement invests millions of dollars in environmental sustainability efforts
Suez Cement invests millions of dollars in environmental sustainability efforts
Business
As Egypt decides to establish tourist chambers, federation, what is in it for tourism industry?
As Egypt decides to establish tourist chambers, federation, what is in it for tourism industry?
Tourism
FRA extends deadline for electing Egyptian federation for securities’ board for 3 months
FRA extends deadline for electing Egyptian federation for securities’ board for 3 months
Business
New MoU signed to develop SMEs in industrial zone in East Port Said
New MoU signed to develop SMEs in industrial zone in East Port Said
Business
CI Capital records revenues of EGP 1.6bn in 1Q 2023
CI Capital records revenues of EGP 1.6bn in 1Q 2023
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Kazyon to inaugurate more than 100 stores in 2017 across Egypt
Business

Kazyon to inaugurate more than 100 stores in 2017 across Egypt

Reem Hosam El-din
Last updated: 2017/03/15 at 2:52 PM
By Reem Hosam El-din 2 Min Read
Share
SHARE

Tawfeer for Food Products announced in a press conference on Tuesday that the supermarket chain “Kazyon”—the brand name of Tawfeer—plans to inaugurate more than 100 stores across the country in 2017, as well as a total number of 1,000 branches over the next five years, targeting a nationwide expansion during the upcoming period.

“At Kazyon we seek to be the fastest expanding discounter supermarket chain to ensure that citizens obtain their daily basic needs at the best prices and with the highest quality, aiming to alleviate the financial burdens on Egyptians. We serve about 1.5m customers monthly,” said Mohamed Kharma, the CEO of Kazyon. He added that by the end of 2016, the number of Kazyon stores reached 175, and until mid-March 2017, the number of stores reached 185.

Kharma noted that Kazyon branches are currently present in 14 governorates, including Cairo, Alexandria, Beheira, Menoufiya, Beni Suef, Daqahleya, Fayoum, Ismailia, Sharqeya, Gharbeya, Qaliubiya, Minya, and Suez. The total volume of investments by Kazyon is estimated at EGP 800m and is continuously increasing, according to Kharma.

Ismail Hafez, head of marketing at Kazyon, noted that the average monthly visits made by consumers to Kazyon branches range between 1m and 2.5m.

In terms of the workforce, Hafez said that by the end of 2016, the number of employees at Kazyon reached 2,000 with an expected increase of 10,000 job opportunities in line with the expansions of the supermarket chain nationwide.

“Our future expansion plan also includes increasing the capacity of our warehouses. Kazyon owns two warehouses in the 6th of October and 10th of Ramadan cities. We are currently looking for new warehouses in the Delta and Lower Egypt,” Hafez stated.

Kazyon is one of the largest Egyptian hard discount supermarket chains in Egypt. Its first branch was inaugurated in November 2014, offering consumers the main commodities for relatively competitive prices.

You Might Also Like

Suez Cement invests millions of dollars in environmental sustainability efforts

As Egypt decides to establish tourist chambers, federation, what is in it for tourism industry?

FRA extends deadline for electing Egyptian federation for securities’ board for 3 months

New MoU signed to develop SMEs in industrial zone in East Port Said

CI Capital records revenues of EGP 1.6bn in 1Q 2023

TAGGED: food, Kazyon, supermarket, The supermarket chain
Share this Article
Facebook Twitter Email Print
Previous Article Third phase of national project for roads will begin in the coming FY
Next Article DNE News Brief: 14 March 2017
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Suez Cement invests millions of dollars in environmental sustainability efforts
Suez Cement invests millions of dollars in environmental sustainability efforts
Business
As Egypt decides to establish tourist chambers, federation, what is in it for tourism industry?
As Egypt decides to establish tourist chambers, federation, what is in it for tourism industry?
Tourism
FRA extends deadline for electing Egyptian federation for securities’ board for 3 months
FRA extends deadline for electing Egyptian federation for securities’ board for 3 months
Business
New MoU signed to develop SMEs in industrial zone in East Port Said
New MoU signed to develop SMEs in industrial zone in East Port Said
Business
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?