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Qatar’s Baladna is planning to invest USD 1.5 bn in our dairy industry
Got milk? The Suez Canal Authority signed a joint cooperation memorandum with Qatari dairy producer Baladna that will see USD…
Beyti + United Pharma announce investments to ramp up production
Dairy and juice producer Beyti plans to invest EGP 250 mn in Egypt this year to add new production lines,…
Katilo invests EGP 90 mn New Damietta City factory
Dairy products manufacturer Katilo will begin operations at its new EGP 90 mn factory in New Damietta City next month,…
Domty to invest EGP 75 mn to add two new production lines this year
Domty Food Industries is investing EGP 25 mn to set up a new mozzarella cheese production line by the end…
Almarai receives USD 100 mn EBRD loan for Egypt, Jordan investment
The European Bank for Reconstruction and Development (EBRD) has loaned Saudi dairy firm Almarai USD 100 mn for new investments…
Egyptian cheesemaker Obourland plans to raise exports to USD 5 mn in 3 years
Dairy producer Obourland aims to bring its exports to USD 5 mn in three years,the companysaid in a statement (pdf).…
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…
EBRD signs USD 7 mn loan agreement with Obour Land to finance expansions
The European Bank for Reconstruction and Development (EBRD) has signed a USD 7 mn loan agreement with Egyptian cheesemaker Obour…
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