Juhayna targets 40% increase in sales to EGP 7 bn in 2017

Juhayna is targeting a 40% increase in sales to EGP 7 bn in 2017, Al Borsa reports. The company expects sales to recover as consumers see improved purchasing power in the second half of the year. Juhayna will increase prices by 5% if the EGP : USD rate settles at EGP 16-18 to the USD.