Obour Land general assembly approved launching dairy operations

Cheesemaker Obour Land’s general assembly signed off on the company directly entering the dairy industry, according to a bourse filing picked up by Al Mal. The assembly also approved entering into partnerships with other companies in the sector. The decision was prompted by difficulties in securing milk for its manufacturing operation, the company had said last week. A EGP 105-115 mn dairy farm is already in the works.