Egypt’s Edita to inject EGP 1 bln investments in 2024
Egypt’s Edita Food Industries plans to inject investments amounting to one billion Egyptian pounds in the country…
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Edita
Edita discloses $45mln loan from IFC
Edita Food Industries, one of Egypt’s largest food companies, has signed an agreement with the International…
Edita Food Industries plans to expand in Saudi Arabia market
Egypt's largest snack food producer Edita is considering expansion in Saudi market and it will put the matter…
IFC mulls $30mln loan for Egypt’s Edita to boost its capital expenditure
The International Finance Corporation (IFC) is studying loaning Edita Food Industries (EFID) up to $30 million to…
Edita to invest EGP 800 mln in 2023
Edita Food Industries said on Sunday it aims to invest 800 million Egyptian pounds ($25,962,292) during 2023 and it…
Egypt’s Edita net profit grows 52.1% y-o-y in 2021
Egypt's largest snack food producer Edita reported on Tuesday a 52.1 percent year-on-year growth in net profit in…
Edita initiates arbitration procedures against Chipita
Edita Food Industries announced the initiation of arbitration procedures against Chipita at the Cairo Regional…
Egypt’s food provider Edita first-half profits rise 63%
Egypt's largest snack food producer Edita reported a 63.4 percent increase year-on-year in its profits to 167.8…
World Bank’s IFC invests $20mn in Egypt’s food provider Edita
The World Bank's International Finance Corporation (IFC) said on Tuesday it has secured a financial package worth…
IFC to provide $20 million loan to Egypt’s Edita
The International Finance Corporation (IFC), the World Bank’s private-sector lending arm, signed a $20 million…
Egypt’s food provider Edita first-quarter profits rise 87.8%
Egypt’s snack food maker Edita posted an 87.8 percent growth in its profits during the first quarter of 2019.
Egypt’s food provider Edita profits surge 44.5% in 2017
Profits of Egypt’s snack food maker Edita increased by 44.5 percent, reaching 243 million Egyptian pounds ($13.8…
Egypt’s food provider Edita launches first ever donut line
Egypt’s largest snack food producer Edita, is begining the first ever donut line in Egypt at its new E08 factory in…
Egypt’s food provider Edita reports 85% fall in Q2 profits
Egypt’s snack food maker Edita reported Thursday a 85.3 percent drop in profits to reach 7.05 million Egyptian…
Private equity firm Actis exits Egypt’s Edita after four-year partnership
Private equity firm Actis announced Tuesday the sale of its remaining 7.5 percent stake in confectionery maker…
Egyptian foodmaker Edita says receives Arab Bank’s two medium term loans
Egyptian foodmaker Edita has announced on Wednesday that it received two medium term loans from Arab Bank totalling…
Foodmaker Edita H1 net profit falls to 87.261 mln Egyptian pounds
Egyptian foodmaker, Edita (EFID.CA) reported a 40 percent y-o-y decline in first half profits. Net profit reached…
Egypt’s Edita posts profits of $39.3mn in 2015
Egyptian food maker, Edita has posted net profit of 349.1 million Egyptian pounds (US$39.3million) with an increase…
Egyptian foodmaker Edita heralds setting up its $20.4mn factory
Egyptian foodmaker, Edita has commenced the establishment and for its latest factory, with an investment cost worth…
Egypt’s National Bank approves lending food maker Edita $12.7mn
The National Bank of Egypt has approved to provide a credit facility worth 100 million Egyptian pounds (US$12.7…
Egypt’s Edita Q2 net profit steady at 66.96 mln Egyptian pounds
Aug 13 Egypt's Edita Food Industries reported a second-quarter net profit of 66.96 million Egyptian pounds ($8.56…
Egyptian Dairy Maker Domty to list on Cairo Bourse early 2016
One of Egypt's top dairy makers, Arabian Food Industries Co (Domty), is planning an initial public offering (IPO)…
Egypt’s Foodmaker Edita inks $12 million Contracts with US Hostess
Egyptian foodmaker, Edita has signed two contracts worth US$12 million with US-based Hostess Brands, LLC. The two…
Edita selects BNY Mellon for First GDR Offering from Egypt since 2008
American multinational banking BNY Mellon named the depositary bank for Edita 's new London Stock Exchange Listing.…
Edita; First Egypt Company listed in London Bourse since 2012
London Stock Exchange formally welcomed Thursday Egypt’s Edita Food Industries to its markets, to become the first…
Edita sets Price Range for Secondary Share Issue on Egypt Bourse
Egyptian foodmaker Edita has set an indicative price of between 16.80 and 18.50 Egyptian pounds per share for a…
Industrial Sector ‘Backbone’ of Egypt Market – Edita CEO
Egypt’s economic summit carries a message to the whole world that it is safe to receive once again more foreign…
In Week, Egypt Stocks gain EGP3.6 billion on Orascom, Emaar Listings
In one week of trading, Egypt’s stocks posted gains worth 3.67 billion approximately (US$480.8 million). The…
UPDATE: Edita to list 30% of Ordinary Shares in Secondary Offering
Egyptian foodmaker Edita said on Monday it would put up to 30 percent of its ordinary shares on the Egyptian stock…
Edita Food Industries Eyes Doubled Sales in 3 Years
Egypt’s snack food provider, Edita Food Industries plans to double its sales to 4 billion Egyptian pounds in the…
Edita Food Industries Plans EGP1bn New Investments in 3 Years
Egypt’s snack food provider, Edita Food Industries is planning fresh investments worth one billion Egyptian pounds…
Egypt Shares Gain EGP5.6 Billion in Week, EGX30 Crosses 8700
In a week which coincided with start of trading on Arabian Cement's share, Egypt’s stocks gained 5.6 billion…
Actis Invests US$102 mln in Egypt’s Leading Snack Food Company
Actis, the global pan-emerging markets private equity firm, announced last Monday that it has invested US$102…