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Spinneys successfully completes first phase of US$180 million fundraising programme
Spinneys Group Limited, the premier supermarket retailer in the Middle East, announced today that it has successfully completed the first phase of a US$180 million fundraising programme, which will serve primarily to fund Spinneys’ aggressive expansion across the Middle East, North Africa and South Asia (MENASA) region.
Spinneys has signed an US$80 million four-year loan agreement with National
Bank of Dubai (NBD). This will be followed shortly by the launch of a US$100
million preference share issue, for which NBD Investment Bank will serve as the
sole placement agent.
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Commercial Manager Spinneys Egypt
Key Responsibilities:
- Managing the Trading Department
- Achieving Sales targets.
- Achieving Gross margin targets.
- Achieving Other Income targets.
Position Details | Apply |
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Senior Retail Designer
Key Responsibilities:
- Complete design and execution of Supermarkets environments
- Design interior graphics, signage, and lighting.
- Licensed Architect with 5+ years experience.
- Proficiency in AutoCAD
Position Details | Apply
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