Omar Effendi
Sector: Residential • Location: Egypt, Arab Republic of
Source: International Finance Corporation (IFC)
_x000C_Omar Effendi Stores Limited (Omar Effendi or the company) was established in 1856 and is Egypt’s largest department store with 82 branches and 68 warehouses. The company has been privatized by the Government of Egypt (GoE) through an international bidding process for 90 % of its shareholding. The GoE’s objective is to ensure the company’s viability under the stewardship of the new owners. A
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | _x000C_Omar Effendi Stores Limited (Omar Effendi or the company) was established in 1856 and is Egypt’s largest department store with 82 branches and 68 warehouses. The company has been privatized by the Government of Egypt (GoE) through an international bidding process for 90 % of its shareholding. The GoE’s objective is to ensure the company’s viability under the stewardship of the new owners. Anwal United Trading Company Limited of Saudi Arabia (Anwal) and its shareholders of Saudi Arabia (the joint sponsors) were successful in their bid to purchase the company. The purchase of 90% of the company was completed in February 2007. The GoE maintains a 10% minority ownership. The company’s investment plans include refurbishment and infrastructure upgrade of the Omar Effendi chain of retail department stores. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
