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Edita and Chipita bury the hatchet + Tenth of Ramadan dry port tender coming January 2022
DISPUTE WATCH- Edita settles case against Greek food manufacturer Chipita: Edita Food Industries signed an amicable global settlement agreement with…
Edita wants Ole bakeries producer
EGX-listed Edita Food Industries has submitted a non-binding letter of intent to acquire the Egyptian Belgian Company’s assets, according to…
LNG exports up, Edita eyes new markets
Egypt natgas exports rebound: Egypt exported 1 mn tonnes of liquefied natural gas (LNG) in 3Q2021, up from just 100k…
Edita profits up 5% in 3Q2021
Edita is recovering from covid just fine: Edita Food Industries’ net income rose almost 5% in 3Q2021, reaching EGP 112.4…
Edita to kickoff production in Morocco within days, Egypt operation looks to expand bakery capacity in early 2022
Edita’s first production line in Morocco will be up and running within days, IR director Menna Shams El Din confirmed…
TONIGHT: Egypt is getting on the SPAC train + NBE is getting a USD 200 mn loan for infrastructure onlending + COP26 gets underway with a sobering warning
To quote Bone-Thugs-N-Harmony: “Wake up, wake up. It’s the first of the month.” And already it’s looking very busy, with…
ESG reporting is coming to Egypt in 2023 (Part II)
POLL- ESG reporting is becoming mandatory in Egypt in 2023. Are EGX-listed companies ready for it? EGX-listed firms and NBFS…
Silicon Valley-based Plug and Play to invest in Egypt’s startup ecosystem
Plug and Play to partner with ITIDA to develop Egyptian startups: Silicon Valley-based early-stage investor and accelerator Plug and Play…
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