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Edita Food Industries to receive EGP 105 mn loan from Arab Bank
Edita Food Industries signed a medium-term loan worth EGP 105 mn with Arab Bank to finance a new production line,…
Diplomacy + Foreign Trade on 5 August 2020: GERD and food exports
Egypt and Sudan have walked away from the latest round of talks on GERD after Ethiopia’s latest proposal dodged mention…
Earnings watch : Edita, MM Group report 1H2020 results
EARNINGS WATCH- Pandemic lockdown weighed on Edita’s 2Q2020 performance: The covid-19 pandemic and the partial lockdown the government imposed weighed…
Egyptian Steel, Edita, Beltone now listed on rebalanced EGX30
The EGX30 swapped five companies in its regular rebalancing last week. The full rundown of the rebalancing is here (pdf).…
Mars Wrigley to increase investments in Egypt over the next two years
INVESTMENT WATCH- Mars Wrigley is planning to increase its investments in Egypt over the next two years, Mars Egypt Director…
The coronavirus is fuelling a stock buyback boom in Egypt
The coronavirus is fuelling a stock buyback boom in Egypt: Since March, EGX-listed companies have been buying back their own…
Edita launches upsized strawberry, chocolate HoHos
Edita Industries has expanded its cake segment with the launch of upsized strawberry- and chocolate-flavored HoHos, according to a press…
Edita’s Morocco arm obtains USD 8.2 mn loan to fund new facility
Edita Food Industries’ Morocco-based subsidiary has acquired a MAD 80 mn (c. USD 8.24 mm) from the Arab Bank’s branch…
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