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Godiva could set up a factory and stores in Egypt
Belgian chocolatier Godiva could set up shop in Egypt with chocolate stores and a factory to act as its regional…
Galina-Agrofreeze starts process of launching two subsidiaries on EGX
IPO WATCH: Galina-Agrofreeze approaches Pharos, EFG to list two of its subsidiaries on the EGX: Galina-Agrofreeze Fruits & Vegetables has…
Domty signs EGP 100 mn loan with CIB
Cheese producer Domty has signed a medium-term, EGP 100 mn loan with the CIB to fund future expansion plans, including…
FrieslandCampina yet to make acquisition offer to buy cheesemaker Arab Diary
M&A WATCH- Arab Dairy waiting on FrieslandCampina to make an acquisition offer: Netherlands-based FrieslandCampina has completed due diligence to acquire…
Farm Frites opens USD 40 mn factory, aims to increase exports to 65%
INVESTMENT WATCH- Dutch food manufacturer Farm Frites has launched a new, USD 40 mn production line for producing potato chips…
Agriculture Ministry to limit the import of Brazilian beef
Egypt may very literally have beef with Brazil: The Agriculture Ministry issued a decision to limit the acceptance of halal…
Egyptian cheesemaker Obour Land to invest USD 8 mn in assembly line upgrade
Obour Land is spending USD 8 mn to upgrade its white cheese assembly line, the cheesemaker said in a bourse…
Food producers move towards e-payments amid push for financial inclusion
Food producers have begun collecting their payments from retailers electronically through apps such as Fawry, Farm Frites General Manager Ahmed…
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