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Edita installs Freska EGP 14 mn new production line in 6 October factory
Edita has installed a new Freska wafer production line at a cost of some EGP 14 mn inits E08 factory…
Edita to launch new BonBon candy
Snackfoods giant Edita is launching a line of juice-filled stick candies under the BonBon brand in strawberry, orange, and apple…
Americans and Egyptians swap snacks
Imagine sharing some Mandolin with your khawaga friends: The internet serves up all kinds of weird and wonderful content, but…
Global Lease to borrow USD 10 mn from EU-based funds to diversify sources
Global Lease is planning to borrow USD 10 mn from two unnamed European lenders this year to diversify its financing…
Adeptio challenges Egypt’s FRA’s rejection of Americana MTO decision appeal
M&A WATCH- Alabbar’s Adeptio challenges FRA rejection of its appeal against Americana MTO decision: Adeptio AD Investments, the lead shareholder…
Egyptian cheese maker Obour Land records EGP 232.2 in 2018 profits
EARNINGS WATCH- Egyptian cheese maker Obour Land recorded a net profit of EGP 236.2 mn in FY2018, down 2.4% y-o-y…
Earnings Watch: Edita, Elsewedy Electric, GB Auto, EKH, PHD, ACC, NBK
EARNINGS WATCH- High-profile snackfood maker Edita recorded a 20.4% y-o-y increase in net profit in 4Q2018 to EGP 128.3 mn,…
What we’re tracking on 20 February
It’s a (not-unpleasantly) slow news morning as we head into the final couple days of the week. The Solar Show…
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