Dice to inaugurate 52 branches

Dice canceled the dividends for 2019 to provide liquidity

  
Customers shop amid the coronavirus disease (COVID-19) pandemic in front of Mothercare Store inside Maadi City Center, amid the coronavirus disease (COVID-19) pandemic, in the Cairo suburb of Maadi, Egypt October 5, 2020. Image used for illustrative purpose.

Customers shop amid the coronavirus disease (COVID-19) pandemic in front of Mothercare Store inside Maadi City Center, amid the coronavirus disease (COVID-19) pandemic, in the Cairo suburb of Maadi, Egypt October 5, 2020. Image used for illustrative purpose.

REUTERS/Amr Abdallah Dalsh

ArabFinance:Dice Sport and Casual Wear intends to launch 52 new branches in 2021 by inaugurating a branch per week, according to a January 25th disclosure.

The decision comes in conjunction with proceeding in the final stages of Cairo Cotton's acquisition deal, which was signed in November 2017.

Dice canceled the dividends for 2019 to provide liquidity.

Dice is an Egypt-based company engaged in the casual wear garments and textile industry.

The company manufactures and distributes ready-made casual wear made of pure and mixed cotton, polyester, and viscose fabrics in different types, as well as other knitting products.

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