Investment and CAPEX in the food industries sector reached EGP 500 bn in 2017, head of the food industries division at the Federation of Egyptian Industries Ashraf El Gazayerli said at the Gulf Foods expo, Al Masry Al Youm reports. El Gazayerli had said earlier this week that he expects the sector to grow 8-10% this year.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
EGX30 sheds 4.43% in October to post its first back-to-back monthly loss of 2026
The benchmark fell 4.43% and the small caps twice as…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…