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BIM Brings Forward Egypt Expansion Target to 2026
Summary by Bazaar Times
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1 Articles
BIM Brings Forward Egypt Expansion Target to 2026
Turkish retail giant BİM has accelerated its growth plans in Egypt, moving up its goal of reaching 1,000 stores from 2030 to the end of 2026. The company’s Egypt Legal Affairs Director, Ihab Khalil, told Egypt’s Amwalalghad newspaper that 550 new branches will be opened by the end of 2025, adding to the existing 450 outlets to reach the 1,000-store milestone. Khalil said the expansion will be supported by $40 million in new funding through direc…
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