Arab Finance: Spinneys has opened a new branch in Obour City as part of its expansion plan, according to an emailed press release on October 18^th.

The new store is situated right next to the Chillout gas station on the main Obour axis.

“This is our first store in Obour City which is also our first venture into the Kalioubeya governorate,” Spinneys CEO Mohanad Adly, said

“Our plan for Egypt remains unchanged in spite of the current economic challenges. If anything, we even stepped our growth strategy and we will be opening a bigger number of stores every year for the next three years,” he added.

Spinneys is currently operating 24 stores across Egypt.

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