{"id":637752,"date":"2017-11-23T04:07:10","date_gmt":"2017-11-23T04:07:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/obour-land-to-set-up-subsidiary-for-dairy-production\/"},"modified":"2017-11-23T04:07:10","modified_gmt":"2017-11-23T04:07:10","slug":"obour-land-to-set-up-subsidiary-for-dairy-production","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/obour-land-to-set-up-subsidiary-for-dairy-production\/","title":{"rendered":"Obour Land to set up subsidiary for dairy production"},"content":{"rendered":"

Obour Land\u2019s board of directors approved establishing Obour Farm, a subsidiary that will focus on producing dairy products, according to a bourse statement<\/a>. The company will be 98% owned by Obour Land and will have EGP 50 mn in issued capital and EGP 500 in authorized capital.<\/p>\n","protected":false},"excerpt":{"rendered":"

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.<\/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":[9309],"tags":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637752","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"a9a7e6fd-0730-4ea9-8a3a-6bfa65e5acf6","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[637721],"teaser":"","voice_url":""},"yoast_head":"\nObour Land to set up subsidiary for dairy production - 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\/2017\/11\/23\/obour-land-to-set-up-subsidiary-for-dairy-production\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Obour Land to set up subsidiary for dairy production\" \/>\n<meta property=\"og:description\" content=\"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.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/obour-land-to-set-up-subsidiary-for-dairy-production\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-23T04:07:10+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\/2017\/11\/23\/obour-land-to-set-up-subsidiary-for-dairy-production\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/obour-land-to-set-up-subsidiary-for-dairy-production\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Obour Land to set up subsidiary for dairy production\",\"datePublished\":\"2017-11-23T04:07:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/obour-land-to-set-up-subsidiary-for-dairy-production\/\"},\"wordCount\":54,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/obour-land-to-set-up-subsidiary-for-dairy-production\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/obour-land-to-set-up-subsidiary-for-dairy-production\/\",\"name\":\"Obour Land to set up subsidiary for dairy production - 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The new subsidiary will have EGP 50 mn in issued 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":573688,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/egypts-obour-land-to-break-ground-on-egp-255-mn-dairy-farm-before-year-end\/","url_meta":{"origin":637752,"position":1},"title":"Egypt\u2019s Obour Land to break ground on EGP 255 mn dairy farm before year-end","author":"enterpriseam admin","date":"13 August 2020","format":false,"excerpt":"Obour Land will break ground before the end of the year on a new dairy farm expected to cost EGP 255 mn, investor relations head Ramy El Ghazaly said. The cheesemaker had originally planned to launch the project earlier but faced delays due to the covid-19 pandemic, and is currently\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":639115,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/22\/obour-land-general-assembly-approved-launching-dairy-operations\/","url_meta":{"origin":637752,"position":2},"title":"Obour Land general assembly approved launching dairy operations","author":"enterpriseam admin","date":"22 October 2017","format":false,"excerpt":"Cheesemaker Obour Land\u2019s general assembly signed off on the company directly entering the dairy industry, according to a bourse filing picked up by Al Mal. The assembly also approved entering into partnerships with other companies in the sector. The decision was prompted by difficulties in securing milk for its manufacturing\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":635804,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/obour-land-to-import-1500-heifers-for-their-new-dairy-farm\/","url_meta":{"origin":637752,"position":3},"title":"Obour Land to import 1,500 heifers for their new dairy farm","author":"enterpriseam admin","date":"13 December 2017","format":false,"excerpt":"Obour Land plans to import 1,500 heifers from Germany for the dairy farm the company plans to establish under the brand name Obour Farm, the company\u2019s head of IR Ahmed Abdel Moneim tells Al Borsa. 500 cows will initially be used when the farm kicks off operation in January 2018,\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":621921,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/21\/ebrd-signs-usd-7-mn-loan-agreement-with-obour-land-to-finance-expansions\/","url_meta":{"origin":637752,"position":4},"title":"EBRD signs USD 7 mn loan agreement with Obour Land to finance expansions","author":"enterpriseam admin","date":"21 November 2018","format":false,"excerpt":"The European Bank for Reconstruction and Development (EBRD) has signed a USD 7 mn loan agreement with Egyptian cheesemaker Obour Land, according to an EBRD statement. Obour Land will us the loan to finance its expansion plans, including establishing a \u201cgreenfield dairy farm, with imported milking equipment and 2,500 dairy\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":638635,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/10\/obour-land-to-set-up-milk-production-project-worth-egp-105-115-mn\/","url_meta":{"origin":637752,"position":5},"title":"Obour Land to set up milk production project worth EGP 105-115 mn","author":"enterpriseam admin","date":"10 October 2017","format":false,"excerpt":"Obour Land announced its intention to establish a milk production project at an investment cost of EGP 105-115 mn, according to a bourse disclosure. 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