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Emirates NBD to provide over EGP 1 bn in financing to Juhayna
The funds will help Juhayna boost operational capacity and productivity across its factories
Egypt Kuwait Holding, Contact Financial, IDH, GB Corp, Juhayna, and TMG report 3Q earnings
Egypt Kuwait Holding saw its attributable net income dip 5% y-o-y during 3Q 2024
Madinet Masr, Juhayna, Orascom Development report earnings
Madinet Masr saw its net income rise 149.4% y-o-y during the first half of the year
Gogreen to temporarily list 1.4 bn shares on the EGX starting today. PLUS: News from Saudi Egyptian Developers, EETC, Juhayna
The company will list 1.4 bn shares on the bourse at a nominal value of EGP 0.10
Juhayna names Tarek Elwan as CFO
Elwan assumes the role following nearly 6 years as head of business analytics at CIB
Government rejects proposal to hike the price of subsidized sugar. PLUS: HSBC + Juhayna, Nokia, Samih Sawiris’ FTI Touristik, EgyptAir, Podcast Productions
The state currently spends more than EGP 23 in subsidies on every kilo of subsidized sugar
The Supply Ministry wants less imported wheat and more local wheat. PLUS: News from HSBC and Mountain View
The government is paying farmers EGP 2k per ardeb of wheat this harvest season
Juhayna’s bottomline grew 41% y-o-y in 1Q 2024
Higher export revenues and price hikes drove its revenues up by 68% y-o-y in the quarter
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