The Dakahlia Group is looking to pump EGP 755 mn-worth of new investments through to the end of 2018,Chairman Mahmoud Al Anani tells Al Mal. The company is looking to upgrade and expand production capacities across its three main areas of business; agricultural development, poultry, and feed production. A EGP 500 mn feed factory in Sadat City is already in the works and set to open in January.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Here’s why “temporary listings” are all the rage right now
The government plans to list Misr Travel and Egoth in…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…