{"id":593383,"date":"2019-11-26T04:15:26","date_gmt":"2019-11-26T04:15:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/ubf-to-establish-egp-40-mn-factory-to-produce-for-cinnabon\/"},"modified":"2019-11-26T04:15:26","modified_gmt":"2019-11-26T04:15:26","slug":"ubf-to-establish-egp-40-mn-factory-to-produce-for-cinnabon","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/ubf-to-establish-egp-40-mn-factory-to-produce-for-cinnabon\/","title":{"rendered":"UBF to establish EGP 40 mn factory to produce for Cinnabon"},"content":{"rendered":"<p>The United Beverage and Food Company (UBF), Cinnabon\u2019s local agent, is planning to set up a EGP 40 mn factory in 1Q2020 to provide Cinnabon Egypt select production inputs, UBF General Manager Mohamed Nagy <a href=\"https:\/\/alborsaanews.com\/2019\/11\/25\/1268316\">tells the local press<\/a>. The facility, which will be self-financed, is meant to wean Cinnabon Egypt off importing raw materials for its food products and rely instead on locally sourced goods.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United Beverage and Food Company (UBF), Cinnabon\u2019s local agent, is planning to set up a EGP 40 mn factory in 1Q2020 to provide Cinnabon Egypt select production inputs, UBF General Manager Mohamed Nagy tells the local press. The facility, which will be self-financed, is meant to wean Cinnabon Egypt off importing raw materials for [&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":[7255],"tags":[72,900,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-593383","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-enterpriseam","tag-food-and-beverage","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"b31d500d-c794-4625-bb9e-8ff5991d3f26","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[593356],"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>UBF to establish EGP 40 mn factory to produce for Cinnabon - 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\/11\/26\/ubf-to-establish-egp-40-mn-factory-to-produce-for-cinnabon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UBF to establish EGP 40 mn factory to produce for Cinnabon\" \/>\n<meta property=\"og:description\" content=\"The United Beverage and Food Company (UBF), Cinnabon\u2019s local agent, is planning to set up a EGP 40 mn factory in 1Q2020 to provide Cinnabon Egypt select production inputs, UBF General Manager Mohamed Nagy tells the local press. The facility, which will be self-financed, is meant to wean Cinnabon Egypt off importing raw materials for [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/ubf-to-establish-egp-40-mn-factory-to-produce-for-cinnabon\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-26T04:15:26+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/ubf-to-establish-egp-40-mn-factory-to-produce-for-cinnabon\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/ubf-to-establish-egp-40-mn-factory-to-produce-for-cinnabon\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"UBF to establish EGP 40 mn factory to produce for Cinnabon\",\"datePublished\":\"2019-11-26T04:15:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/ubf-to-establish-egp-40-mn-factory-to-produce-for-cinnabon\/\"},\"wordCount\":75,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"food and beverage\",\"Manufacturing\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/ubf-to-establish-egp-40-mn-factory-to-produce-for-cinnabon\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/ubf-to-establish-egp-40-mn-factory-to-produce-for-cinnabon\/\",\"name\":\"UBF to establish EGP 40 mn factory to produce for Cinnabon - 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The\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":594360,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/28\/nestle-to-invest-egp-600-mn-to-set-up-new-mineral-water-factory-in-egypt\/","url_meta":{"origin":593383,"position":1},"title":"Nestl\u00e9 to invest EGP 600 mn to set up new mineral water factory in Egypt","author":"enterpriseam admin","date":"28 October 2019","format":false,"excerpt":"INVESTMENT WATCH- Nestl\u00e9 will invest EGP 600 mn in three years to set up a new bottled water factory, and spend EUR 30 mn next year to add two production lines to its existing facility near Banha, the company\u2019s business executive officer Rasem Dabbas told the press. Dabbas made no\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":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":593383,"position":2},"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":[]},{"id":546732,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/26\/lots-of-fresh-investment-in-food-pharma-and-alumium\/","url_meta":{"origin":593383,"position":3},"title":"Lots of fresh investment in food, pharma and alumium","author":"enterpriseam admin","date":"26 May 2022","format":false,"excerpt":"Yesterday was a particularly busy day for mid-sized investment news spanning industries from pharma to food and aluminum. Here\u2019s the rundown:Egypt Otsuka plans USD 30 mn factory: The local unit of Japanese pharma company Otsuka plans to invest USD 30 mn in a new factory to produce nutritional supplements and\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-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":587172,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/23\/eu-afd-to-disburse-new-funds-for-egypt-grain-silos-plus-new-xylem-water-pump-factory\/","url_meta":{"origin":593383,"position":4},"title":"EU + AFD to disburse new funds for Egypt grain silos. PLUS: New Xylem water pump factory","author":"enterpriseam admin","date":"23 May 2023","format":false,"excerpt":"The EUR 60 mn disbursal is part of a EUR 100 mn package announced last year","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\/2023\/5\/1255.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571850,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/earnings-watch-domty-records-uptick-in-1q2020-profits\/","url_meta":{"origin":593383,"position":5},"title":"Earnings watch: Domty records uptick in 1Q2020 profits","author":"enterpriseam admin","date":"2 June 2020","format":false,"excerpt":"EARNINGS WATCH- Domty profits up 11% in 1Q: Arabian Food Industries (Domty) recorded EGP 32.1 mn in net profit in 1Q2020, up 11% from EGP 28.8 mn in the same period last year, according to its latest financials (pdf). 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