{"id":542792,"date":"2022-01-17T04:03:59","date_gmt":"2022-01-17T04:03:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/egypts-pharma-exports-up-citrus-flap-with-the-dutch-edita-launches-freska-choco-sticks\/"},"modified":"2022-01-17T04:03:59","modified_gmt":"2022-01-17T04:03:59","slug":"egypts-pharma-exports-up-citrus-flap-with-the-dutch-edita-launches-freska-choco-sticks","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/egypts-pharma-exports-up-citrus-flap-with-the-dutch-edita-launches-freska-choco-sticks\/","title":{"rendered":"Egypt\u2019s pharma exports up, citrus flap with the Dutch + Edita launches Freska Choco Sticks"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Egypt\u2019s pharma exports <\/strong><strong><a href=\"https:\/\/bit.ly\/3rsT814\">rose<\/a><\/strong><strong> 30% y-o-y in 2021 to USD 685 mn in 2021<\/strong>, local media reported citing figures from the Export Council for Medical Industries. Cosmetics exports were up 39% y-o-y to record USD 311 mn in 2021, while medical and veterinary meds exports increased by around 30% to USD 277 mn. December alone saw a 44% y-o-y increase in total pharma exports, recording USD 83 mn.<\/p>\n<p><strong>Edita Food Industries is expanding its Freska brand with the launch of Freska <\/strong><strong>Choco Sticks<\/strong>, according to <a href=\"https:\/\/ent.news\/2022\/1\/Edita-PR-Freska-Choco-Sticks-E.pdf\">a statement (pdf)<\/a>. The new product will retail at EGP 3 per pack, with each pack containing two sticks. The product launch comes as part of the company\u2019s revenue diversification strategy and its plan to expand its 15% market share in the wafer segment, which is its fastest-growing line of business.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li>Egyptian <strong>citrus exports<\/strong> to <strong>the Netherlands<\/strong> <a href=\"https:\/\/alborsaanews.com\/2022\/01\/15\/1499324\">are facing<\/a><strong><a href=\"https:\/\/alborsaanews.com\/2022\/01\/15\/1499324\">tighter restrictions<\/a><\/strong> after <strong>Dutch authorities published new rules banning the import of fruits<\/strong> with necks exceeding 2mm. Egypt has appealed to the European Commission and the Dutch government in a bid to reverse the decision.<\/li>\n<li><strong>Axa Egypt<\/strong> has <a href=\"https:\/\/www.axa-egypt.com\/news\/-\/asset_publisher\/4YxnRSBtGhRZ\/content\/axa-aaib?_com_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_4YxnRSBtGhRZ_assetEntryId=8995577&_com_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_4YxnRSBtGhRZ_redirect=https:\/\/www.axa-egypt.com\/news%3Fp_p_id%3Dcom_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_4YxnRSBtGhRZ%26p_p_lifecycle%3D0%26p_p_state%3Dnormal%26p_p_mode%3Dview%26_com_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_4YxnRSBtGhRZ_cur%3D0%26p_r_p_resetCur%3Dfalse%26_com_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_4YxnRSBtGhRZ_assetEntryId%3D8995577\">signed a<\/a><strong><a href=\"https:\/\/www.axa-egypt.com\/news\/-\/asset_publisher\/4YxnRSBtGhRZ\/content\/axa-aaib?_com_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_4YxnRSBtGhRZ_assetEntryId=8995577&_com_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_4YxnRSBtGhRZ_redirect=https:\/\/www.axa-egypt.com\/news%3Fp_p_id%3Dcom_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_4YxnRSBtGhRZ%26p_p_lifecycle%3D0%26p_p_state%3Dnormal%26p_p_mode%3Dview%26_com_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_4YxnRSBtGhRZ_cur%3D0%26p_r_p_resetCur%3Dfalse%26_com_liferay_asset_publisher_web_portlet_AssetPublisherPortlet_INSTANCE_4YxnRSBtGhRZ_assetEntryId%3D8995577\">five-year bancassurance agreement<\/a><\/strong> with the <strong>Arab <\/strong><strong>African International Bank<\/strong> that will see Axa offer ins. services to the bank\u2019s customers.<\/li>\n<li><strong>The Customs Authority <\/strong>has issued <a href=\"https:\/\/ent.news\/2022\/1\/jpg2pdf-1.pdf\">new instructions (pdf)<\/a> for importers to <strong>register the return of goods<\/strong> that had originally been exported through the <strong>Advance Cargo Information system<\/strong>.<\/li>\n<\/ul>\n<ul>\n<li>Spanish flag carrier <strong>Iberia<\/strong> has begun <strong><a href=\"https:\/\/alborsaanews.com\/2022\/01\/15\/1499418\">operating direct charter flights<\/a><\/strong><strong> between<\/strong> <strong>Madrid and Luxor<\/strong>, which will run until the end of the winter season.<\/li>\n<li><strong>Kima is in talks for a <\/strong><strong><a href=\"https:\/\/bit.ly\/3nveZnl\">USD 250 mn loan<\/a><\/strong> to establish an environmentally-friendly factory as an alternative to one of its obsolete factories in Aswan.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Egypt\u2019s pharma exports rose 30% y-o-y in 2021 to USD 685 mn in 2021, local media reported citing figures from the Export Council for Medical Industries. Cosmetics exports were up 39% y-o-y to record USD 311 mn in 2021, while medical and veterinary meds exports increased by around 30% to USD 277 mn. December alone [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[307,111,430,429,309,191,72,383,181,391,428,427,238,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-542792","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-aci","tag-also-on-our-radar","tag-arab-african-international-bank","tag-axa-egypt","tag-customs","tag-edita","tag-enterpriseam","tag-fmcg","tag-insurance","tag-labor-act","tag-netherlands","tag-pharma","tag-tourism","tag-trade","wpautop","entry"],"acf":{"mongo_id":"f70152ea-b690-4f4a-944f-5d52f2002dbb","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[542773],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt\u2019s pharma exports up, citrus flap with the Dutch + Edita launches Freska Choco Sticks - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/egypts-pharma-exports-up-citrus-flap-with-the-dutch-edita-launches-freska-choco-sticks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s pharma exports up, citrus flap with the Dutch + Edita launches Freska Choco Sticks\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s pharma exports rose 30% y-o-y in 2021 to USD 685 mn in 2021, local media reported citing figures from the Export Council for Medical Industries. Cosmetics exports were up 39% y-o-y to record USD 311 mn in 2021, while medical and veterinary meds exports increased by around 30% to USD 277 mn. 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Revenues increased by nearly 31% y-o-y, recording EGP 5.25 bn on the back of better pricing and sales volumes, the company said, adding that FY2021 volumes surpassed pre-covid levels,\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/41.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":648803,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/12\/higher-exports-and-lower-imports-drive-egypts-trade-deficit-for-january-down-37-1-y-o-y\/","url_meta":{"origin":542792,"position":1},"title":"Higher exports and lower imports drive Egypt\u2019s trade deficit for January down 37.1% y-o-y","author":"enterpriseam admin","date":"12 April 2017","format":false,"excerpt":"Exports up, imports down in January. Egypt\u2019s trade deficit dropped 37.1% year-on-year in January to USD 2.34 bn compared to USD 3.72 bn in the same month last year, according to the latest statistics from CAPMAS. Exports rose 27.1% y-o-y to USD 1.82 bn, led by rising crude oil and\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":644825,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/04\/egypts-chemical-exports-rise-33-between-jan-and-april-construction-materials-exports-up-by-30-y-o-y-in-jan-may\/","url_meta":{"origin":542792,"position":2},"title":"Egypt's chemical exports rise 33% between Jan and April, construction materials exports up by 30% y-o-y in Jan-May","author":"enterpriseam admin","date":"4 July 2017","format":false,"excerpt":"Export councils for steel, chemicals, and construction materials are reporting major growths in exports this year. Steel rose a whopping went up by 255.8% y-o-y during the same period, recording USD 402 mn. Egypt\u2019s chemical exports increased 33% y-o-y between January and April to USD 1.33 bn, Al Borsa reports.\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":668836,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/22\/infinity-libya-launches-libyas-first-solar-plant\/","url_meta":{"origin":542792,"position":3},"title":"Infinity Libya launches Libya\u2019s first solar plant","author":"enterpriseam admin","date":"22 July 2025","format":false,"excerpt":"PLUS- Pickalbatros to open new hotel in Morocco","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/7\/1372.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":662658,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/20\/steel-industry-starts-to-feel-the-pinch-of-us-eu-steel-tariffs\/","url_meta":{"origin":542792,"position":4},"title":"Steel industry starts to feel the pinch of US, EU steel tariffs","author":"enterpriseam admin","date":"20 March 2025","format":false,"excerpt":"Protective tariffs in the US and EU are restricting market access, threatening revenues and pushing steelmakers to seek alternative buyers","rel":"","context":"In &quot;Trade&quot;","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1520.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598545,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/28\/edita-installs-freska-egp-14-mn-new-production-line-in-6-october-factory\/","url_meta":{"origin":542792,"position":5},"title":"Edita installs Freska EGP 14 mn new production line in 6 October factory","author":"enterpriseam admin","date":"28 May 2019","format":false,"excerpt":"Edita has installed a new Freska wafer production line at a cost of some EGP 14 mn inits E08 factory in the Polaris Al Zamil district in 6 October, the country\u2019s largest snack food maker said in a press release (pdf). This came with the launch of Freska Pops, a\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/542792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=542792"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/542792\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/542773"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=542792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=542792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=542792"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=542792"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=542792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}