El Rashidi El Mizan

El Rashidi El Mizan to embark on USD 150 mn expansion next year

More halawa, please: Leading confectionery producer El Rashidi El Mizan, a subsidiary of Saudi-owned investment group Olayan, will invest USD 150 mn in 2H 2023 to expand production in Egypt, Sherif William, the company’s director of commercial sales, told Al Borsa. The company will add six new production lines during the six-month period, which is…