{"id":591392,"date":"2019-12-04T04:27:55","date_gmt":"2019-12-04T04:27:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/04\/obour-land-to-invest-egp-30-mn-in-new-production-lines\/"},"modified":"2019-12-04T04:27:55","modified_gmt":"2019-12-04T04:27:55","slug":"obour-land-to-invest-egp-30-mn-in-new-production-lines","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/04\/obour-land-to-invest-egp-30-mn-in-new-production-lines\/","title":{"rendered":"Obour Land to invest EGP 30 mn in new production lines"},"content":{"rendered":"

Obour Land plans to invest EGP 30 mn to add new production lines in 2020, Deputy Chairman Ashraf Hamed said, according to Al Mal<\/a>. The company will also establish a new dairy factory in the middle of next year that will produce 36k tonnes of milk a year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Obour Land plans to invest EGP 30 mn to add new production lines in 2020, Deputy Chairman Ashraf Hamed said, according to Al Mal. The company will also establish a new dairy factory in the middle of next year that will produce 36k tonnes of milk a year.<\/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":[7255],"tags":[72,564,131,723],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-591392","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-enterpriseam","tag-food","tag-manufacturing","tag-obour-land","wpautop","entry"],"acf":{"mongo_id":"64d02ed3-0426-4183-983c-66fd61a631ad","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[591362],"teaser":"","voice_url":""},"yoast_head":"\nObour Land to invest EGP 30 mn in new production lines - 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\/2019\/12\/04\/obour-land-to-invest-egp-30-mn-in-new-production-lines\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Obour Land to invest EGP 30 mn in new production lines\" \/>\n<meta property=\"og:description\" content=\"Obour Land plans to invest EGP 30 mn to add new production lines in 2020, Deputy Chairman Ashraf Hamed said, according to Al Mal. 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The cost will be financed over three years and will be developed over 35 feddans. Obour Land aims to produce 50 tonnes of milk a day\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637752,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/obour-land-to-set-up-subsidiary-for-dairy-production\/","url_meta":{"origin":591392,"position":1},"title":"Obour Land to set up subsidiary for dairy production","author":"enterpriseam admin","date":"23 November 2017","format":false,"excerpt":"Obour Land\u2019s board of directors approved establishing Obour Farm, a subsidiary that will focus on producing dairy products, according to a bourse statement. The company will be 98% owned by Obour Land and will have EGP 50 mn in issued capital and EGP 500 in authorized capital.","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601598,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/05\/egyptian-cheese-maker-obour-land-records-egp-232-2-in-2018-profits\/","url_meta":{"origin":591392,"position":2},"title":"Egyptian cheese maker Obour Land records EGP 232.2 in 2018 profits","author":"enterpriseam admin","date":"5 March 2019","format":false,"excerpt":"EARNINGS WATCH- Egyptian cheese maker Obour Land recorded a net profit of EGP 236.2 mn in FY2018, down 2.4% y-o-y from EGP 243.2 mn during the previous year, according to its earnings release (pdf). 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