Kazyon is an Egyptian success story in the hard discounter retail market. It was established in Egypt in 2014 by a group of Egyptian, Saudi and British investors, in addition to an investment fund managed by EFG-Hermes. Kazyon localized the hard discounter supermarket model to meet Egyptians’ needs and currently operates more than 175 branches across 14 governorates. In 2016, its workforce reached more than 2000 employees, and it plans to hire 1000 more during 2017 as well as launch an additional 100 new stores. The company plans to open more than 1000 stores and employ more than 10,000 employees between 2017 and 2024.