article_snippet.sent: In 1999, Sainsbury's, then under the stewardship of David Bremner, opened Sainsbury's first store in Cairo, hoping to capitalise on a growing Arabic middle class which was still largely reliant on corner shops for their groceries.
article_snippet.sent: Sainsbury's's opened Sainsbury's first store in Egypt in Cario in 1999, hoping to capitalise on a growing middle class that were still largely reliant on corner shops for groceries.
article_snippet.sent: Sainsbury's initially spent £10million on 25 per cent share in local firm Edge, owned by businessman Amr el-Nasharty.
article_snippet.sent: Six months later they spent another £40million buying an 80 per cent share, and by 2001 had built 100 stores, employing more than 2,500 staff.
article_snippet.sent: Over the course of three years, Sainsbury's invested nearly £100million opening more than 100 stores across Egypt, employing 2,500 staff.
article_snippet.sent: his began his career at super-brand Unilever before moving on to Tesco, and then Asda where his was the boss of Justin King, the former Sainsbury's CEO who his succeeded.
article_snippet.sent: his was appointed CEO of Sainsbury's last July on an estimated £900,000 salary.
article_snippet.sent: Sainsbury's went into business with Amr el-Nasharty in 1999, eventually purchasing 80 per cent of chain Edge in order to open 100 supermarkets across Egypt, with the first being built in Cario (pictured)
article_snippet.sent: Sainsbury's, the UK's third biggest supermarket, is due to report full-year results next week.