Feature 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…
Investment 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…
Investment 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…
Investment 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…
Investment 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…
Investment 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…
Investment 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…