Obour Land will break ground before the end of the year on a new dairy farm expected to cost EGP 255 mn, investor relations head Ramy El Ghazaly said. The cheesemaker had originally planned to launch the project earlier but faced delays due to the covid-19 pandemic, and is currently in the process of obtaining necessary licensing, added El Ghazaly.
More from Enterprise
Israel’s Arkia Airlines moves flights to Egypt’s Taba to bypass wartime airspace restrictions
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Private capital hasn’t frozen in MENA — but the exit playbook could change if the war drags on
PE and VC-backed companies were already pivoting to local exchanges…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…