{"id":543699,"date":"2022-02-14T03:52:04","date_gmt":"2022-02-14T03:52:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/edita-launches-a-new-biscuit\/"},"modified":"2022-02-14T03:52:04","modified_gmt":"2022-02-14T03:52:04","slug":"edita-launches-a-new-biscuit","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/edita-launches-a-new-biscuit\/","title":{"rendered":"Edita launches a new biscuit"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a><strong> Edita Food Industries is expanding its biscuits segment with the launch of Oniro<\/strong><strong> Mini Lava <\/strong>at a retail price of EGP 3 per pack, the company announced in a <a href=\"https:\/\/ent.news\/2022\/2\/Edita-PR-Oniro-Mini-LAVA-E.pdf\">press release (pdf)<\/a>. The four-stick biscuit packs come in vanilla and chocolate flavors. The launch comes as part of Edita\u2019s efforts to grow its biscuits segment, which the snackfoods maker says grew at a rate of 79.2% y-o-y in 9M2021, making it Edita\u2019s second fastest-growing segment.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>UAE\u2019s Tabreed is coming to Egypt: <\/strong>National Central Cooling Company (<a href=\"https:\/\/www.tabreed.ae\/\">Tabreed<\/a>) <a href=\"https:\/\/www.tabreed.ae\/news\/tabreed-enters-egyptian-market-partnering-marakez-gascool-east-cairos-new-d5m-mall\/\">has partnered<\/a> with real estate developer <a href=\"https:\/\/www.marakez.net\/\">Marakez<\/a> and the <a href=\"http:\/\/gascool-eg.com\/index.php\/en\/\">Egyptian Company for Energy and Cooling Projects<\/a> (Gascool) to provide cooling services for Marakez\u2019s D5M Mall in New Cairo.<\/li>\n<li><strong>Russia releases our oranges:<\/strong> Russian customs authorities <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/256451556664698?__cft__[0]=AZU3izIV6j-5HKUwStyltHgFAEf437ambtbI5V_5x32USPD6QCoUbR1RZJkeCxPSjMjM1XTDpgBkNEVCSE71_hMUvijpLhIkKdY10hcctEoB04lXvLPP5X1UJqkIne4GcazlFjHVKbzNMIB2a9g7QZtK&__tn__=%2CO%2CP-R\">have released<\/a> Egyptian citrus exports that were held for days due to a reported <a href=\"https:\/\/english.ahram.org.eg\/NewsContent\/3\/14\/460923\/Business\/Markets--Companies\/Egyptian-orange-shipments-retained-in-Russian-port.aspx\">sudden change<\/a> in import rules at Russian ports.<\/li>\n<li><strong>EgyptAir<\/strong> <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=12022022&id=acfacd3d-5cb8-4153-8521-a70c1d0d7d9b\">reportedly plans<\/a> to set up <strong>Air Sphinx, a low-cost airline subsidiary<\/strong>, this year.<\/li>\n<li>Emirati firm Al Nowais\u2019 subsidiary <strong>AMEA Power<\/strong> is set to <strong>send <\/strong><strong><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/337887138381713\">proposals<\/a><\/strong> to the government on t<strong>wo projects in seawater desalination and green hydrogen.<\/strong><\/li>\n<li>Recycling company <strong>BariQ has <\/strong><strong><a href=\"https:\/\/bit.ly\/3oLwz6V\">secured EUR 8 mn<\/a><\/strong><strong> in <\/strong><strong>funding <\/strong>from three foreign institutions and two local banks to finance expansions. The company is <a href=\"https:\/\/ent.news\/2022\/2\/BariQ-Press.pdf\">working (pdf)<\/a> on expanding its bottle recycling factory to double production capacity to 60k tonnes\/year.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Edita Food Industries is expanding its biscuits segment with the launch of Oniro Mini Lava at a retail price of EGP 3 per pack, the company announced in a press release (pdf). The four-stick biscuit packs come in vanilla and chocolate flavors. The launch comes as part of Edita\u2019s efforts to grow its biscuits segment, [&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":[903,111,904,191,880,72,254,895,451,270,896,132,364],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-543699","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-al-nowais","tag-also-on-our-radar","tag-bariq","tag-edita","tag-egyptair","tag-enterpriseam","tag-green-hydrogen","tag-marakez","tag-recycling","tag-russia","tag-tabreed","tag-trade","tag-water","wpautop","entry"],"acf":{"mongo_id":"b5ad5b8c-53b3-4500-ae72-f9383cf01093","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[543685],"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>Edita launches a new biscuit - 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\/02\/14\/edita-launches-a-new-biscuit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Edita launches a new biscuit\" \/>\n<meta property=\"og:description\" content=\"Edita Food Industries is expanding its biscuits segment with the launch of Oniro Mini Lava at a retail price of EGP 3 per pack, the company announced in a press release (pdf). The four-stick biscuit packs come in vanilla and chocolate flavors. The launch comes as part of Edita\u2019s efforts to grow its biscuits segment, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/edita-launches-a-new-biscuit\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-14T03:52:04+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/edita-launches-a-new-biscuit\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/edita-launches-a-new-biscuit\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Edita launches a new biscuit\",\"datePublished\":\"2022-02-14T03:52:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/edita-launches-a-new-biscuit\/\"},\"wordCount\":238,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Al Nowais\",\"ALSO ON OUR RADAR\",\"BariQ\",\"Edita\",\"EgyptAir\",\"EnterpriseAM\",\"green hydrogen\",\"Marakez\",\"recycling\",\"Russia\",\"Tabreed\",\"trade\",\"water\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/edita-launches-a-new-biscuit\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/edita-launches-a-new-biscuit\/\",\"name\":\"Edita launches a new biscuit - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-02-14T03:52:04+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/edita-launches-a-new-biscuit\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/edita-launches-a-new-biscuit\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/edita-launches-a-new-biscuit\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Edita launches a new biscuit\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Edita launches a new biscuit - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/14\/edita-launches-a-new-biscuit\/","og_locale":"en_US","og_type":"article","og_title":"Edita launches a new biscuit","og_description":"Edita Food Industries is expanding its biscuits segment with the launch of Oniro Mini Lava at a retail price of EGP 3 per pack, the company announced in a press release (pdf). 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The snackfood maker also saw its top line growing\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544446,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/03\/editas-net-income-up-nearly-57-in-2021\/","url_meta":{"origin":543699,"position":1},"title":"Edita\u2019s net income up nearly 57% in 2021","author":"enterpriseam admin","date":"3 March 2022","format":false,"excerpt":"Edita Food Industries\u2019 net income jumped 56.5% y-o-y in FY2021, reaching EGP 473 mn, according to the company\u2019s preliminaryearnings release (pdf). 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":571689,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/20\/edita-enters-egyptian-biscuits-market-with-oniro-cookies\/","url_meta":{"origin":543699,"position":2},"title":"Edita enters Egyptian biscuits market with Oniro cookies","author":"enterpriseam admin","date":"20 May 2020","format":false,"excerpt":"Edita Food Industries has entered the Egyptian biscuit market with the launch of its Oniro range of cookies, the company said in a statement (pdf). The Oniro Cookie Crisp Filled will retail at EGP 2 while the plain vanilla and chocolate biscuits will cost EGP 3. \u201cEntering into new segments\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":632113,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/tabreed-considers-egypt-expansion\/","url_meta":{"origin":543699,"position":3},"title":"Tabreed considers Egypt expansion","author":"enterpriseam admin","date":"4 February 2018","format":false,"excerpt":"Abu Dhabi\u2019s National Central Cooling Co. (Tabreed) plans to acquire assets in markets like Saudi Arabia and Egypt starting this year, CEO Jasim Husain Thabet told Bloomberg TV. Tabreed would seek to use project financing to fund the acquisitions while contributing about 20-25% of the transaction value from its own\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\/2018\/2\/790.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":646649,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/engie-acquires-40-stake-in-tabreed-ahead-of-expansion-in-region\/","url_meta":{"origin":543699,"position":4},"title":"Engie acquires 40% stake in Tabreed ahead of expansion in region","author":"enterpriseam admin","date":"20 June 2017","format":false,"excerpt":"France's Engie will acquire a 40% stake in Dubai's National Central Cooling Company (Tabreed) to help drive the company's expansion in Egypt, Turkey, and India, Reuters reports. Engie will pay USD 762 mn for the stake in the UAE-based cooling and building infrastructure company. \u201cTabreed will become one of Engie's\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":591016,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/30\/orascom-pyramids-to-double-investment-in-giza-plateau-redevelopment-plus-tabreed-halts-investment-amid-egp-uncertainty\/","url_meta":{"origin":543699,"position":5},"title":"Orascom Pyramids to double investment in Giza Plateau redevelopment. 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