Tuesday, February 23, 2016

Patchi factories in Egypt and UAE. Choucair: Selling shares in Patchi is postponed until regional economy becomes stable


Patchi, a manufacturer of chocolate and retailer of gift chocolate and items, will build two factories in Egypt and United Arab Emirates. Construction works for both facilities will start later this year and will be finalized in late 2017.

The UAE factory will be located at Dubai Industry City. It will have a total built-up area of 20,000 square meters, requiring around $20 million investment. The new factory, in addition to a small existing one, will supply the Emirati market which compr...

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