URGENT: Egypt’s annual inflation rises to 13% in July – CAPMAS
Egypt’s annual inflation rate rose to 13.0 per cent in July 2026 from 12.2 per cent in June. The general Consumer…
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food and beverages
URGENT: Egypt’s annual inflation drops in Dec ’24
Egypt's annual inflation rate eased to 23.4 per cent in December 2024, compared to 25 per cent in November 2024,…
S. Arabia’s annual inflation hits 2% in Nov. ’24
Saudi Arabia's annual inflation rate reached 2.0 per cent in November 2024, driven by higher housing, water,…
URGENT: Egypt’s annual inflation slows to 25%
Egypt's general consumer price index (CPI) for November 2024 reached 239.8 points, reflecting a 0.1 per cent…
Swiss Lindt & Sprüngli sales rise by 10.3%
Switzerland’s Lindt & Sprüngli achieved a sales growth in 2023 of 10.3 per cent, the company said in a press…
Egyptian Covertina company plans EGP 200 mln investments in mid-2024
Egyptian chocolate maker Covertina company plans to operate its new factory during the second half of 2024 with an…
McDonald’s Egypt sales drop by 70% amid boycotts
McDonald’s Egypt sales dropped by 70 percent amid the ongoing boycott over the company’s support to Israel, a…
Egypt’s Juhayna posts $28.44mln consolidated profits in 9M-23
Egypt's Juhayna Food Industries posted consolidated net profits of 878.93 million Egyptian pounds in the first nine…
McDonald’s Egypt to fully automate its delivery operations
McDonald’s Egypt has partnered with automated home delivery solution provider Roboost to fully automate its…
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…