Condor Group, led by Algerian businessman Abderrahmane Benhamadi, has officially introduced its brand in Egypt, marking a major step in the companys regional expansion. The launch, part of a 1 billion investment plan, signals Condors focus on partnerships, local production, and long-term growth rather than relying solely on exports.
Condor expands Egypt manufacturing plans
The announcement was made during a high-level event attended by Algerian parliamentary and diplomatic officials, alongside Egyptian industry leaders, distributors, and stakeholders in the air-conditioning sector. Mohamed Saleh Daas, vice chairperson of Condor Group, described Egypt as a key market for the companys strategy, noting it serves both as a substantial consumer base and a gateway to broader Middle Eastern and African markets.
