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Agro Egypt to establish EGP 20 mn sorting and packaging station
Agro Egypt plans to establish a EGP 20 mn sorting and packaging facility in Sixth of October to double its…
Earnings watch: HHD profits rise 42% in FY2018-2019, Obour land reports 3Q profits
EARNINGS WATCH- Real estate company Heliopolis Housing’s net profit was up 42% in FY2018-2019 to EGP 376.4 mn from EGP…
Kellogg announces EGP 3.6 bn in new investments in Egypt
INVESTMENT WATCH- Kellogg Company announces EGP 3.6 bn in new Investments in Egypt: Cereal and snack maker Kellogg Company earmarked…
Renaissance Capital sees inflation slowing to 3%, as weight of volatile fruits and vegetables continue to fall
Annual headline inflation should slow down to about 3% in October, down from 4.8% in September, according to Renaissance Capital’s…
Egypt’s non-oil industrial output climbs 21.6% to EGP 188.8 bn in 4Q2018
Industrial output rises by 21.6% in 4Q2018: Egypt’s non-oil industrial output jumped 21.6% in 4Q2018 to EGP 188.8 bn, up…
Earnings watch: Juhayna reports 3Q2019 results
EARNINGS WATCH- Juhayna Food Industries’ 3Q2019 profit fell 8% y-o-y to EGP 111 mn, the dairy producer said in its…
Spain’s Glovo eyes 50% share of Egypt’s online delivery market
Glovo wants half of Egypt’s delivery market: Delivery app Glovo plans to more than double its share of Egypt’s online…
Veterinarians Syndicate challenges Egypt’s halal meat certificate decision
Vet Syndicate claims foul play on Halal meat certificate decision: The Egyptian Veterinarians Syndicate’s Food Safety Committee has submitted a…
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