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Juhayna shares soar as Seif Thabet reappointed CEO
Thabet is taking over from Niels Thomsen, who will now become the company’s managing director
THIS MORNING: EGYPS rolls on + EGX, SFE, and El Sisi all in the Gulf
Good morning, wonderful people, and a very happy Monday. THE BIG STORY here at home this morning: Privatization is still…
Juhayna family’s release continues to dominate
It’s a very quiet morning for Egypt in the international press. Thabets’ release continues to make headlines: The Financial Times…
Juhayna founder + son released from prison
Juhayna founding family released from prison: Reuters is reporting that the founder and former CEO of dairy foods giant Juhayna,…
Juhayna's former chairman sees detention extended + Contact Financial wants in on the central bank’s mortgage program
Juhayna's ex-chairman’s detention extended: The State Security Criminal Court has ordered that Juhayna's former Chairman Safwan Thabet’s detention be extended…
Juhayna shares tumble on news of CEO’s arrest
Shares of dairy foods giant Juhayna plunged as much as 17% in trading yesterday before regaining some ground to close…
Juhayna CEO Seif Thabet arrested
Juhayna CEO Seif Thabet has been detained for 15 days pending investigation on the orders of the prosecutor general, Masrawy…