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Earnings watch: Juhayna reports 3Q2019 results
EARNINGS WATCH- Juhayna Food Industries’ 3Q2019 profit fell 8% y-o-y to EGP 111 mn, the dairy producer said in its…
Spain’s Glovo eyes 50% share of Egypt’s online delivery market
Glovo wants half of Egypt’s delivery market: Delivery app Glovo plans to more than double its share of Egypt’s online…
Nestlé to invest EGP 600 mn to set up new mineral water factory in Egypt
INVESTMENT WATCH- Nestlé will invest EGP 600 mn in three years to set up a new bottled water factory, and…
Veterinarians Syndicate challenges Egypt’s halal meat certificate decision
Vet Syndicate claims foul play on Halal meat certificate decision: The Egyptian Veterinarians Syndicate’s Food Safety Committee has submitted a…
Netflix’s Rotten is back for season 2
Netflix’s Rotten is back for season 2: Netflix’s great docu-series on the hidden economic, and often destructive, forces that lurk…
MAPCO to establish EGP 540 mn sorting and packaging plant by 2020
Produce exporter Mediterranean Agricultural Products Company (MAPCO) plans to establish a EGP 540 mn plant for sorting and packaging agricultural…
Arab Dairy eyes 19% growth in export revenues this year
Arab Dairy aims to grow its export revenue by 19% in 2019, compared to 2018 when it made EGP 624…
Egypt in the News on 14 October 2019
The reverberations from last month’s demonstrations is still topping coverage of Egypt in the foreign press, with NPR terming the…
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