HOME

TheInfoList



OR:

The Egyptian Distribution Group (a.k.a. EdgeDeidre Hipwell
How Sainsbury’s Egyptian adventure turned into a pyramid of trouble
''The Times'', 29 April 2015
) is a supermarket chain in
Egypt Egypt ( , ), officially the Arab Republic of Egypt, is a country spanning the Northeast Africa, northeast corner of Africa and Western Asia, southwest corner of Asia via the Sinai Peninsula. It is bordered by the Mediterranean Sea to northe ...
.Egyptian distribution Group S.A.E
''Bloomberg Business''
It is headquartered in
Giza Giza (; sometimes spelled ''Gizah, Gizeh, Geeza, Jiza''; , , ' ) is the third-largest city in Egypt by area after Cairo and Alexandria; and fourth-largest city in Africa by population after Kinshasa, Lagos, and Cairo. It is the capital of ...
, Egypt's third largest city.


History

The company is chaired by Egyptian businessman Amr el-Nasharty.Jessica Morris
Sainsbury's vs Egypt: The four key numbers behind Mike Coupe's legal row
''City A.M.'', 29 April 2015
It was formerly a subsidiary of
Sainsbury's J Sainsbury plc, trading as Sainsbury's, is a British supermarket and the second-largest chain of supermarkets in the United Kingdom. Founded in 1869 by John James Sainsbury with a shop in Drury Lane, London, the company was the largest UK r ...
, as Sainsbury's acquired 25% in March 2009 and 80% by December 2009. However, they sold their stake back to Nasharty in 2001.


References

Supermarkets of Egypt Conglomerate companies of Egypt {{Egypt-stub