The Egyptian Distribution Group (a.k.a. Edge
[Deidre 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](_blank)
''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