Egypt’s Awlad Ragab plans to sell assets for EGP 850mln
Awlad Ragab, one of largest retailer chains in Egypt, is seeking to sell assets of about 850 million Egyptian…
Browsing Tag
Food and Beverage industry
Egypt’s Juhayna Food profit rise 25% in Q2
Egypt’s Juhayna Food Industries announced on Wednesday that its net profits rose to 216.9 million Egyptian pounds…
Nestlé to add 4 production lines in Egypt
Nestlé is set to add four production lines to its factories in Egypt by the end of 2023, Chairman and CEO of Nestlé…
Coca-Cola raises full years revenue, profit forecasts
Coca-Cola Company reported on Wednesday that it raised the annual revenue and profit forecasts, betting on higher…
McDonald’s dropped tomatoes from Indian menus amid supply shortages
The fast-food chain McDonald's recently made news that they have drop tomatoes from its menu in most of its outlets…
McDonald’s to stop selling McCafé Bakery items this month
The biggest fast-food chain Macdonald’s confirmed on Wednesday that it is ending the McCafé Bakery by phasing out…
Mars to acquire healthy food company Kevin’s Natural Foods
Mars Inc. is buying nutritious meal company Kevin’s Natural Foods, known for its meals, sauces, and side dishes,…
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…
Netflix is opening a restaurant in Los Angeles
Netflix, the streaming giant, is taking its content "from screen to table" with a new pop-up restaurant opening on…
Juhayna profits rise by 135% during Q1 in 2023
Egyptian food company Juhayna profits increased by 135 percent during the first quarter of 2023 to reach 339.4…
