Carrefour will begin expanding its operations in Egypt by establishing three supermarket chains in the near future, an official from the Egyptian Internal Trade Development Authority (ITDA). The step is part of Carrefour's expansion strategy that includes launching ten new supermarket chains in different regions of the country outside Cairo and Alexandria governorates. Investments in the expansion of Carrefour's Egyptian operations are estimated at around EGP 2 billion (USD 279 million /EUR 236 million).
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