Arab Finance: Gourmet Egypt has opened its newest store at Ivory Business Park, Sheikh Zayed, marking another milestone in the brand’s continued growth and expansion, according to a bourse filing.
Spanning 550 square meters, the new store offers Gourmet’s range of fresh produce and premium groceries, alongside its exclusive “Handcrafted by Gourmet” line.
The store has been designed to provide customers with a convenient and enjoyable shopping experience. This opening comes just eight months after the opening of Gourmet’s G17 store in February 2026, reflecting the brand’s continued expansion and efforts to bring its offerings closer to customers across Cairo.
The new opening brings the total number of the company’s branches to 23, with a net retail area estimated at approximately 12,750 square meters.
In the first half (H1) of 2026, Gourmet Egypt's consolidated net profit jumped by 46.1% year-on-year (YoY) to EGP 139.446 million from EGP 95.463 million.
