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Benya plans to expand outside Egypt, rebrands units and sets up entrepreneurship investment arm

Wednesday 10 November 2021 | 11:29 CET | News
Benya Group plans to expand into markets outside Egypt in 2022, including Saudi Arabia. Benya has announced the launch of a new subsidiary, Benya for Investment and Entrepreneurship, to invest in emerging companies with a capital of USD 50 million. Group CEO Ahmed Mekky said at the first day of the Cairo ICT exhibition that it will rebrand two subsidiaries, renaming Fiber Egypt Systems as Benya Systems, and Fiber Misr for Engineering Solutions as Benya Engineering.

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Categories: Fixed
Companies: Benya
Countries: Middle East
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