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What the markets are doing on 13 November. 2023
MARKET NEWS- Edita is paying out dividends of EGP 299.7 mn at EGP 0.43 per share on its 2022 earnings,…
Edita’s earnings jump in 3Q, 9M 2023
Edita saw its net income rise 49% y-o-y in 3Q 2023
Snackmaker Edita expands frozen food segment
Edita recently doubled its capex for the year to EGP 800 mn
Snackmaker Edita lands USD 45 mn loan from the IFC to fuel growth
The loan will support the company’s working capital, fund fresh capex, and help it settle a previous loan from the…
THIS EVENING: Edita is getting USD 45 mn from the IFC
Good afternoon, friends. Welcome to a new week, as well as a new month that may be bringing cooler weather,…
Edita turns to NBK to finance Fancy Foods acquisition
The amount will be used to refinance the acquisition of Edita Frozen Food Industries and fund its expansion.
So many earnings…
The earnings dump continues: The end-of-earnings-season rush continued yesterday, with a number of EGX-listed companies releasing their 2Q / 1H…
Edita + Al Baraka Bank in line for loans from IFC
The international lender could lend USD 85 mn to the two companies, and mobilize an additional USD 15 mn for…
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