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Egypt renews live trade talks with Ireland
Ireland and Egypt are approaching a renewal of live trade after Irish Minister of State Pat Breen and Egypt’s Deputy…
Food
Egypt’s Edita Food Industries to invest EGP 300-350 mn next year to increase capacity
Edita is planning to invest EGP 300-350 mn next year to increase production capacity and finance overseas expansion, CEO and…
Edita eyes 10% growth in exports over the next two years
Edita is planning to grow its exports by 10% over the next two years, CEO and Chairman Hani Berzi said,…
Egypt to begin exporting fruits and vegetables to China next month
Egypt will begin exporting several food products to China next month after Deputy Agriculture Minister Mona Mehrez signed an MoU…
Edita to buy out shareholder in subsidiary
M&A WATCH- Edita to acquire minority partner’s stake in candymaking subsidiary in EGP 60 mn transaction: Edita is buying out…
Earnings watch: Egypt’s Domty reports EGP 34.7 mn 3Q2018 net profit
EARNINGS WATCH- Cheese producer Domty reported a net profit of EGP 34.7 mn in 3Q2018, up from EGP 22 mn…
Executive regulations for Food Cart Act ready soon
LEGISLATION WATCH- Executive regulations for the Food Cart Act will be ready “soon,” Investment Minister Sahar Nasr said, according to…
Prosecutor General refers former chairman of Food Industries Holding to criminal court
Ex-Food Industries Holding Company head Alaa Fahmy is heading to trial on graft charges. Prosecutor General Nabil Sadek has referred…
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