• Partners
  • Privacy Policy
  • About Us
  • Contact Us
  • Submit an Article
Saturday, June 14, 2025
Digital Boom
  • News
  • Startups
  • Marketing
    • Digital Advertising
    • Insights
  • Campaigns
  • Tech
  • Guides
  • Culture
  • Market Watch
No Result
View All Result
  • News
  • Startups
  • Marketing
    • Digital Advertising
    • Insights
  • Campaigns
  • Tech
  • Guides
  • Culture
  • Market Watch
No Result
View All Result
Digital Boom
No Result
View All Result
Home News

Nestle, Intel Denounce Rumors on Exiting Egypt

Editorial Team by Editorial Team
October 22, 2015
in News
10
Nestle, Intel Denounce Rumors on Exiting Egypt, nestle, intel, digital boom, egypt
84
SHARES
350
VIEWS

Nestle and Intel has issued statements today refuting false media reports that both multinationals are closing their offices in Egypt in light of the US Dollar crisis. Nestle Egypt reaffirmed its long-term commitment to the Egyptian market in a press statement published on social media.

Nestle denounces the false news, confirms commitment to the Egyptian market

Nestle said in a statement that was published online (corporate website, Facebook and twitter) that the company is Reaffirming its Commitment to the Egyptian Market. “Nestlé confirms its full commitment to maintaining operations in Egypt in line with its long-term strategy and the potential that the Egyptian market presents given the government’s serious steps towards development and stability.” said Nestlé in a press release.

Nestlé reaffirms its long-term commitment to the Egyptian market and to Egyptian consumers Read more about the topichttps://t.co/2XdTZvfaoy

— Nestlé Egypt (@NestleEgypt) October 21, 2015

Who started the the Nestle rumor?

Shorouk news published the rumor early this morning without verifying the news.

«نستله» تدرس الخروج من #مصر: نواجه أزمة فى سداد التزاماتنا الدولارية بالخارج https://t.co/l36NClXqwR #الدولار pic.twitter.com/0kSimjRopp

— Shorouk News (@Shorouk_News) October 21, 2015

النهارده شركة Nestle Egypt بتدرس خروجها من مصر
المصيبه في القرار ده ان النسكافية بعد كده هيبقي اغلي من الحشيش يا ولاد المطلقه

— Bicoin Arhcve 🗄🚀🌔ᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠᅠ༝༝ᅠ༝ (@SAYEDSADEK25) October 21, 2015

Intel has also denounced the rumors 

Intel denied shutting down in Egypt rumor but still didn’t confirm whether the company is moving its R&D department to India or not.
https://www.facebook.com/IntelEgypt/photos/a.140910472588120.24303.139804259365408/1058138024198689/?type=3&theater
https://twitter.com/mimooo666/status/657109824098947072

والخبر نشرته المصري اليوم على لسان كريم الفاتح مدير فرع #إنتل في مصر وان الوحدة تم دمجها مع فروع الشركة بالهند والمانيا ..ودا تم فعلا ..#مصر

— ربي لن يُضيِّعنا (@ashrafsaber_) October 22, 2015

ده نفي #إنتل الرسمي .. وإذا كان عيب على الناس تنشر إشاعات. فعيب على الصحفيين تصديقها ونشرها و!! https://t.co/hIPo9QyE8u

— Khaled Baramawy خالد البرماوي (@khaledPress) October 22, 2015

مفيش أي أساس لإشاعة غلق شركة #إنتل و #هواوي فرعيهما في مصر.. وللعلم الأخيرة بتتوسع، ومكتبها الإقليمي في مصر ..
تعلموا شرف المعارضة!!

— Khaled Baramawy خالد البرماوي (@khaledPress) October 21, 2015


Have something to add to this story? Drop us a line in comments.

Join Our Community

Previous Post

Cairo Best Italian Restaurants to Celebrate National Pasta Day

Next Post

Netflix Seeks Local Hires Ahead of MENA Launch

Editorial Team

Editorial Team

The Digital Boom Staff Writer covers breaking news, platform updates, and stories curated by our editorial team. This byline is used for collaborative content, press releases, and updates that reflect the voice of the newsroom rather than a single contributor.

Related Stories

Germany Begins Government-Wide Exit from Microsoft Software
News

Germany Begins Government-Wide Exit from Microsoft Software

June 14, 2025
Builder.ai Ceases Operations After $1.3 Billion Valuation Collapse
News

Builder.ai Shuts Down After Layoffs and Investor Pullout

May 26, 2025 - Updated on May 28, 2025
Jordan’s U.S. Foreign Aid: 2025 Budget Cuts and Their Regional Impact
News

Jordan’s U.S. Foreign Aid: 2025 Budget Cuts and Their Regional Impact

March 20, 2025
McDonald's Sees 70% Sales Drop in Egypt Amid Gaza Boycott
News

McDonald’s Sees 70% Sales Drop in Egypt Amid Gaza Boycott

November 24, 2023 - Updated on May 17, 2025
Egypt's banks impose cash limits on withdraws abroad and internet dollar usage
News

Egypt Caps Overseas Cash Withdrawals and Spend, What It Means For Businesses?

October 6, 2022 - Updated on May 18, 2025
World Bank Signs Off $400M to Reduce Egypt’s Greenhouse Emissions
News

World Bank Signs Off $400M to Reduce Egypt’s Greenhouse Emissions

October 5, 2022
Germany Begins Government-Wide Exit from Microsoft Software

Germany Begins Government-Wide Exit from Microsoft Software

June 14, 2025
How 'Freed from Desire' Became the Viral Blueprint No Brand Could Buy

How ‘Freed from Desire’ Became the Viral Blueprint No Brand Could Buy

June 12, 2025
Google Ads for E-commerce: Complete Guide to Profitable Campaigns in 2025

Google Ads for E-commerce: Complete Guide to Profitable Campaigns in 2025

June 12, 2025 - Updated on June 14, 2025
What is Google Shopping? Definition, Optimization Tips & Complete Guide

What is Google Shopping? Definition, Optimization Tips & Complete Guide

June 12, 2025 - Updated on June 14, 2025
What is Performance Max? A Marketer’s Guide to Google’s Smartest Campaign Type

What is Performance Max? A Marketer’s Guide to Google’s Smartest Campaign Type

June 12, 2025
Woman smiling peacefully in therapy chair after AI financial counseling session, representing emotional healing from money stress through Custom Money platform

Custom Money: AI Financial Therapy Tackles Emotional Spending

June 10, 2025
  • Partners
  • Privacy Policy
  • About Us
  • Contact Us
  • Submit an Article

© 2025 Digital Boom, Inc.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
  • Startups
  • Marketing
    • Digital Advertising
    • Insights
  • Campaigns
  • Tech
  • Guides
  • Culture
  • Market Watch

© 2025 Digital Boom, Inc.