{"id":653593,"date":"2024-10-20T00:00:00","date_gmt":"2024-10-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/20\/almarai-expands-egypt-footprint-with-two-new-egp-1-bn-production-lines-for-subsidiary-beyti\/"},"modified":"2024-10-20T00:00:00","modified_gmt":"2024-10-20T00:00:00","slug":"almarai-expands-egypt-footprint-with-two-new-egp-1-bn-production-lines-for-subsidiary-beyti","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/20\/almarai-expands-egypt-footprint-with-two-new-egp-1-bn-production-lines-for-subsidiary-beyti\/","title":{"rendered":"Almarai expands Egypt footprint with two new EGP 1 bn production lines for subsidiary Beyti"},"content":{"rendered":"

Say cheese: <\/strong>Saudi dairy giant Almarai inaugurated two new cheese production lines for its dairy and juice subsidiary Beyti, the Tawadul-listed company said in a statement<\/a>. The Savola Group-owned company framed the EGP 1 bn investment as part of its \u201cstrategic vision to expand its regional footprint\u201d and position in the F&B sector.<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

The project got the thumbs up from the government:<\/strong> Industry and Transport Minister Kamel El Wazir \u2014 who attended the opening ceremony alongside General Authority for Investment and Freezones boss Hossam Heiba<\/a> \u2014 described the project as \u201cparticularly significant for expanding local production and is part of the broader vision to position Egypt as a leading regional industrial hub.\u201d<\/p>\n

D\u00e9j\u00e0 vu? <\/strong>We first heard<\/a> about the two new production lines in September following a meeting between Agriculture Minister Alaa Farouk and Beyti CEO Mark Wyllie about the company\u2019s hopes of upping its investment in the country.<\/p>\n

Looking ahead: <\/strong>The subsidiary is planning to up its exports to USD 50 mn in 2024, up from USD 35 mn previously.<\/p>\n

** Beyti CEO Mark Wyllie was our Manufacturer of the Month earlier this year.<\/strong> Check out the interview here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The subsidiary is planning to up its exports proceeds to USD 50 mn in 2024, up from USD 35 mn previously<\/p>\n","protected":false},"author":1,"featured_media":653594,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7272],"tags":[8850,8569,828,72,564,125],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-653593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-almarai","tag-beyti","tag-dairy","tag-enterpriseam","tag-food","tag-investment-watch","wpautop","entry"],"acf":{"mongo_id":"82ce80a0-09ed-40f4-bc55-92665df776c2","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/1564.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Almarai expands Egypt footprint with two new EGP 1 bn production lines for subsidiary Beyti","related_issue":[653578],"teaser":"The subsidiary is planning to up its exports proceeds to USD 50 mn in 2024, up from USD 35 mn previously","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.23c4d850-fb51-4fda-a8ac-a502bf8eb5e9.mp3"},"yoast_head":"\nAlmarai expands Egypt footprint with two new EGP 1 bn production lines for subsidiary Beyti - 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An undisclosed sum will go to the company\u2019s Egyptian subsidiary Beyti to help it increase production capacity of its\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":581762,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/23\/almarai-now-owns-100-of-beyti\/","url_meta":{"origin":653593,"position":1},"title":"Almarai now owns 100% of Beyti","author":"enterpriseam admin","date":"23 February 2023","format":false,"excerpt":"Saudi\u2019s Almarai buys PepsiCo out of Beyti: Saudi dairy producer Almarai has bought PepsiCo\u2019s entire 48% stake in the parent company of juice and dairy producer Beyti for SAR 255 mn (c. USD 68 mn), it said in a disclosure to the Saudi stock exchange on Sunday. Almarai now owns\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/dairy-Almarai-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576870,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/01\/beyti-is-looking-to-invest-egp-440-mn-in-egypt-over-two-years\/","url_meta":{"origin":653593,"position":2},"title":"Beyti is looking to invest EGP 440 mn in Egypt over two years","author":"enterpriseam admin","date":"1 November 2022","format":false,"excerpt":"Dairy and juice producer Beyti plans to invest EGP 440 mn in Egypt over the next two years, split equally between this year and next, CEO Mark Wiley said at a press conference, according to Mubasher. Wiley said earlier this year that the company would invest EGP 250 mn in\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/41.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621397,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/almarai-to-launch-usd-75-mn-acquisition-bid-for-egypts-greenland\/","url_meta":{"origin":653593,"position":3},"title":"Almarai to launch USD 75 mn acquisition bid for Egypt\u2019s Greenland?","author":"enterpriseam admin","date":"7 November 2018","format":false,"excerpt":"M&A WATCH- Almarai to launch USD 75 mn bid for Greenland? Saudi dairy product producer Almarai is reportedly looking to acquire Americana Group subsidiary Greenland Group for Food Industries in a transaction worth as much as USD 75 mn, according to a domestic press report citing sources with knowledge of\u2026","rel":"","context":"In "Speed Round"","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":543548,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/07\/beyti-united-pharma-announce-investments-to-ramp-up-production\/","url_meta":{"origin":653593,"position":4},"title":"Beyti + United Pharma announce investments to ramp up production","author":"enterpriseam admin","date":"7 February 2022","format":false,"excerpt":"Dairy and juice producer Beyti plans to invest EGP 250 mn in Egypt this year to add new production lines, CEO Mark Wiley said yesterday in a statement carried by Mubasher. The investment will also be used to expand the company\u2019s distribution network. Beyti invested EGP 204 mn in Egypt\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/78.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":664328,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/28\/united-foundries-company-eyes-usd-10-mn-foundry-to-more-than-double-output-plus-sarwa-ins-zamalek-sc-beyti-hilton-huawei-scatec-ostoul-capital\/","url_meta":{"origin":653593,"position":5},"title":"United Foundries Company eyes USD 10 mn foundry to more than double output. PLUS: Sarwa Ins. + Zamalek SC, Beyti, Hilton, Huawei, Scatec, Ostoul Capital","author":"enterpriseam admin","date":"28 April 2025","format":false,"excerpt":"The company plans to explore the US markets, with around 83% of production earmarked for export","rel":"","context":"In "Also on our Radar"","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\/2\/699.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/653593","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=653593"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/653593\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/653578"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/653594"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=653593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=653593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=653593"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=653593"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=653593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}