Metro Markets to invest EGP350 million in 2016-17, targets 22% Y-o-Y increase in sales
Metro Markets is looking to invest EGP350 million over the next two years to finance its expansions and the opening of new branches, as well as to upgrade existing branches, said HR Director Tamer Gouda. The company expects sales to rise 22% Y-o-Y to EGP2.2 billion in 2016 from EGP1.8 billion as a result of larger retail area with the number of Metro and Kheir Zaman branches expected to reach 50 by end of 2016. (Al Borsa)
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