Cairo – Mubasher: Arafa for Investment and Consultancies said it works on expanding its operations within the Egyptian ready - made clothes sector.

The company also plans to develop its outlets chains that are represented in Concrete and Euro med companies said a press release.

Arafa also assured that it doesn’t intent to establish new firm for manufacturing retail re.ady - made clothes.

Arafa suffered $512,800 losses at the five – month period from July to October 2016.