Dairy products manufacturer Katilo will begin operations at its new EGP 90 mn factory in New Damietta City next month, according to the local press. The factory, which the company planned to bring online in March before the covid-19 pandemic, includes four new production lines that will help the company increase production and exports.
More from Enterprise
AI in Egyptian banking is “in its infancy,” and the pause is deliberate
Bankers say the rules aren’t written yet. Data center builders…
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
EFG has three more IPOs lined up before year-end, including one hefty offering
Group CEO Karim Awad credits the central bank’s decision to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…