Al Mona Misr launched food processing company, to export all output

Louis Dreyfus’s local affiliate Al Mona Misr has set up a EGP 100 mn company with businessman Alaa Moghazy called Al Mona for Food Industries, Al Mal reports. The business will focus on packaging and preparing frozen fruit and vegetables at two production facilities in Borg El Arab. The output will be directed entirely to exports and both facilities are set to begin operations before the end of 1H2018.