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Snackfood industry want VAT act amendments scrapped
LEGISLATION WATCH- Snackfood industry petitions House not to impose full VAT on sweets: Snackfood makers are lobbying the House Planning…
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Earnings watch: Rameda, Edita, Sarwa, CI Capital, Amer Group
EARNINGS WATCH- Rameda profits soar in 3Q2020: Rameda Pharma reported 134% bottom line growth during 3Q2020, with net profits rising…
Edita begins legal proceedings against Greek food company Chipita
DISPUTE WATCH- Edita Food Industries has begun legal proceedings against Greek food manufacturer Chipita at the Cairo Regional Center for…
Edita Food Industries to receive EGP 105 mn loan from Arab Bank
Edita Food Industries signed a medium-term loan worth EGP 105 mn with Arab Bank to finance a new production line,…
Diplomacy + Foreign Trade on 5 August 2020: GERD and food exports
Egypt and Sudan have walked away from the latest round of talks on GERD after Ethiopia’s latest proposal dodged mention…
Earnings watch : Edita, MM Group report 1H2020 results
EARNINGS WATCH- Pandemic lockdown weighed on Edita’s 2Q2020 performance: The covid-19 pandemic and the partial lockdown the government imposed weighed…
Egyptian Steel, Edita, Beltone now listed on rebalanced EGX30
The EGX30 swapped five companies in its regular rebalancing last week. The full rundown of the rebalancing is here (pdf).…
Mars Wrigley to increase investments in Egypt over the next two years
INVESTMENT WATCH- Mars Wrigley is planning to increase its investments in Egypt over the next two years, Mars Egypt Director…
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