ArabFinance: McDonald’s Manfoods Egypt intends to invest more than EGP 200 million in to open 12 new branches across the country in the beginning of 2021, Al Mal News cited General Manager Alaa Fathy on October 20th.

The company is currently resuming the establishment of four outlets that have been on hold due to the outbreak of COVID-19.

Fathy noted that Manfoods already has 131 branches in Cairo, Giza, and other governorates.

Manfoods had reportedly planned to invest EGP 250 million in Egypt last.

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