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Egypt in the news on 11 November 2018: Scarab beetles and Brazilian beef
Topping coverage of Egypt in the news is the discovery by archaeologists of a rare collection of mummified scarab beetles,…
UberEats is accepting cash in Egypt, Saudi Arabia and South Africa
UberEats is accepting cash in Egypt, Saudi Arabia and South Africa as it looks to grow in cash-based economies, Rodrigo…
Egypt fruit exports dipped last season as a result of bans
Egypt exported 4.1 mn tonnes of fruits last season for a total USD 2.18 mn, which is 5% more in…
Egypt food maker Edita reports 3Q2018 results
EARNINGS WATCH- Edita Food Industries recorded a net profit of EGP 89.4 mn in 3Q2018, up 34.1% y-o-y, up from…
PepsiCo to invest USD 515 mn in Egypt through 2021
** #4 INVESTMENT WATCH- Pepsi to invest USD 515 mn in Egypt through 2021: PepsiCo Egypt is planning to invest…
Gov’t targets EGP 7 bn increase in tobacco tax revenues in FY2018-19
Egypt is looking to increase revenues from taxes imposed on tobacco by EGP 7 bn in FY2018-19, according to a…
Domty postpones launching its baked-goods line to 3Q2018
Domty is postponing launching its baked-goods line to 3Q2018 instead of 1Q2018 as was originally planned, due to a slowdown…
Egypt: Arabian Food Industries (Domty) – Too many uncertainties: HOLD
Statement from Renaissance Capital on its initiation of coverage of Domty shares: We initiate coverage of Arabian Food Industries (Domty)…
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