Egypt News Egypt’s manufacturing, extractive industries index falls in Feb. ’25 Nada Ali Apr 29, 2025 0 Egypt’s manufacturing and extractive industries index (excluding crude oil and petroleum products) showed a slight…
Egypt News Egypt’s manufacturing, extractive industries index up in Jan. ’25 Nada Ali Mar 27, 2025 0 Egypt’s manufacturing and extractive industries production index (excluding crude oil and petroleum products)…
Featured Egypt’s industrial production index up in Dec. ’24 Nada Ali Feb 26, 2025 0 Egypt’s manufacturing and extractive industries production index (excluding crude oil and petroleum products)…
Egypt News Egypt’s manufacturing, extractive industries index 4.01% down in Nov. ’24 Nada Ali Feb 2, 2025 0 Egypt’s manufacturing and extractive industries production index recorded a 4.01 per cent decline in November,…
Egypt News Egypt’s manufacturing, extractive industries index 5.24% up in Oct.: CAPMAS Nada Ali Dec 30, 2024 0 Egypt’s manufacturing and extractive industries production index showed a notable 5.24 per cent increase to 112.32…
Egypt News Egypt industry: Transformational index up 0.07% in June ’24 – CAPMAS Nada Ali Aug 24, 2024 0 Egypt's manufacturing and extractive industries experienced a marginal increase in June 2024.
Tech/AI Swiss Lindt & Sprüngli sales rise by 10.3% Sama Mousa Jan 16, 2024 0 Switzerland’s Lindt & Sprüngli achieved a sales growth in 2023 of 10.3 per cent, the company said in a press…
Industry & Trade Women sues Hershey for $5 mln over misleading photos on Reese’s packaging Nada Ali Dec 31, 2023 0 Florida woman Cynthia Kelly is suing Hershey Company for more than five million dollars after she bought a bag of…
Tech/AI Egyptian Covertina company plans EGP 200 mln investments in mid-2024 Nada Ali Dec 13, 2023 0 Egyptian chocolate maker Covertina company plans to operate its new factory during the second half of 2024 with an…
Featured McDonald’s Egypt sales drop by 70% amid boycotts Sama Mousa Nov 24, 2023 0 McDonald’s Egypt sales dropped by 70 percent amid the ongoing boycott over the company’s support to Israel, a…
Tech/AI Egypt’s Juhayna posts $28.44mln consolidated profits in 9M-23 Sama Mousa Nov 6, 2023 0 Egypt's Juhayna Food Industries posted consolidated net profits of 878.93 million Egyptian pounds in the first nine…
Tech news McDonald’s Egypt to fully automate its delivery operations Nada Ali Oct 3, 2023 0 McDonald’s Egypt has partnered with automated home delivery solution provider Roboost to fully automate its…
Tech/AI Saudi Almarai approves $108mln investment for bakery segment Sama Mousa Oct 3, 2023 0 Saudi Arabia's Almarai Company said it approved a 405 million riyal ($108 million) investment plan on Tuesday to…
Tech/AI Edita discloses $45mln loan from IFC Sama Mousa Oct 1, 2023 0 Edita Food Industries, one of Egypt’s largest food companies, has signed an agreement with the International…
Editors' Picks The world embraces coffee on International Coffee Day Sama Mousa Oct 1, 2023 0 The world is celebrating International Coffee Day which is celebrated to appreciate the coffee's journey from farms…
Tech/AI Edita Food Industries plans to expand in Saudi Arabia market Nada Ali Sep 12, 2023 0 Egypt's largest snack food producer Edita is considering expansion in Saudi market and it will put the matter…
Industry & Trade Egypt’s Awlad Ragab plans to sell assets for EGP 850mln Nada Ali Sep 6, 2023 0 Awlad Ragab, one of largest retailer chains in Egypt, is seeking to sell assets of about 850 million Egyptian…
Tech/AI Egypt’s Juhayna Food profit rise 25% in Q2 Sama Mousa Aug 9, 2023 0 Egypt’s Juhayna Food Industries announced on Wednesday that its net profits rose to 216.9 million Egyptian pounds…
Tech/AI Nestlé to add 4 production lines in Egypt Sama Mousa Aug 7, 2023 0 Nestlé is set to add four production lines to its factories in Egypt by the end of 2023, Chairman and CEO of Nestlé…
Industry & Trade Coca-Cola raises full years revenue, profit forecasts Nada Ali Jul 26, 2023 0 Coca-Cola Company reported on Wednesday that it raised the annual revenue and profit forecasts, betting on higher…
Industry & Trade McDonald’s dropped tomatoes from Indian menus amid supply shortages Nada Ali Jul 19, 2023 0 The fast-food chain McDonald's recently made news that they have drop tomatoes from its menu in most of its outlets…
Industry & Trade McDonald’s to stop selling McCafé Bakery items this month Nada Ali Jul 16, 2023 0 The biggest fast-food chain Macdonald’s confirmed on Wednesday that it is ending the McCafé Bakery by phasing out…
Industry & Trade Mars to acquire healthy food company Kevin’s Natural Foods Yassmine Elbehnaihy Jul 6, 2023 0 Mars Inc. is buying nutritious meal company Kevin’s Natural Foods, known for its meals, sauces, and side dishes,…
Tech/AI Edita to invest EGP 800 mln in 2023 Sama Mousa Jun 18, 2023 0 Edita Food Industries said on Sunday it aims to invest 800 million Egyptian pounds ($25,962,292) during 2023 and it…
Tech/AI Netflix is opening a restaurant in Los Angeles Sama Mousa Jun 18, 2023 0 Netflix, the streaming giant, is taking its content "from screen to table" with a new pop-up restaurant opening on…
Industry & Trade Juhayna profits rise by 135% during Q1 in 2023 Sama Mousa May 31, 2023 0 Egyptian food company Juhayna profits increased by 135 percent during the first quarter of 2023 to reach 339.4…
Tech/AI Mars swapped plastic wrapper for paper wrapper Sama Mousa May 29, 2023 0 Mars chocolate bars swapped their plastic wrappers for new environmentally friendly paper wrappers on Sunday.
Industry & Trade McDonald’s earnings reach $1.8bln in Q1 Sama Mousa Apr 26, 2023 0 McDonald’s announced on Tuesday that its revenues and earnings in the first quarter of 2023 have reached $1.8…
Tech/AI Russia revives Rostic’s amid KFC exit Sama Mousa Apr 25, 2023 0 Former KFC restaurants in Russia will reopen as Rostic’s on Tuesday to revive the Russian brand born after the…
Industry & Trade McDonald’s to change recipes for its most iconic burgers Sama Mousa Apr 19, 2023 0 McDonald’s is working on a series of upgrades to its most iconic burger according to the fast food chain’s…
International News Starbucks certifies 3500 Greener stores globally Sama Mousa Apr 19, 2023 0 The coffee giant Starbucks has currently 3,508 stores under its Greener Store framework and is expanding more, as…
Money McDonald’s cuts pay for some employees Sama Mousa Apr 10, 2023 0 McDonald’s Corp. is cutting the pay for some of its employees as part of its restructuring according to the Wall…