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Turkiye’s Bim to Invest $40 Million in Egypt, Plans 550 New Stores by 2026
Summary by Bazaar Times
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Turkiye’s Bim to Invest $40 Million in Egypt, Plans 550 New Stores by 2026
Bim plans to open 550 new branches across Egypt by the end of 2026, bringing the total to 1,000, the company’s Türkiye Legal Director in Egypt Ihab Khalil announced. The expansion is backed by foreign direct investments estimated at around $40 million, according to media reports. Khalil said the company has already invested $20 million of the total investment, transferred through the Central Bank of Egypt, with the remaining $20 million to be in…
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