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Egypt in the News on 14 October 2019
The reverberations from last month’s demonstrations is still topping coverage of Egypt in the foreign press, with NPR terming the…
Egyptian cheesemaker Obour Land to invest USD 8 mn in assembly line upgrade
Obour Land is spending USD 8 mn to upgrade its white cheese assembly line, the cheesemaker said in a bourse…
Amateur Egyptologist uses 5000-year-old Egyptian yeast to bake bread
An amateur Egyptologist has used more than 5,000 year-old yeast and used it to bake bread. Sourced from ancient Egyptian…
Lab-grown meat is about to become mainstream:
Lab-grown meat is about to go mainstream: Synthetic hamburgers could be retailing at supermarkets at a price of USD 10…
Edita to break ground on USD 20 mn Morocco production facility this month
Edita Food Industries will begin constructing its USD 20 mn snack food production facility in Morocco before the beginning of…
Gulf Capital-owned fund looking to compete for 100% stake in Egypt’s Arab Dairy
M&A WATCH- GC Equity Partners III fund looking to compete for 100% stake in Arab Dairy: UAE-based Gulf Capital’s GC…
Americana Egypt taps Harun Sadiki as its new non-executive chairman
MOVES- The Egyptian International Tourism Projects Company (Americana Egypt) has tapped Harun Sadiki as its new non-executive chairman, the company…
Edita signs USD 30 mn loan facility agreement with the IFC
INVESTMENT WATCH- Edita lands loan worth up to USD 30 mn from IFC: Edita has signed an agreement with the…
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