Alibaba reveals a $1.25B investment in food delivery service Ele.me
Southeast Asia wasn’t the only new market that Alibaba spent big to enter last week. Beyond a deal with Rocket…
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food
Temmy’s maker Mass Food plans new $11mn- factory in Egypt by 2017
Egyptian Mass Food Company targets establishing new factory for food industries in the industrial zone at 6th of…
Egypt’s poorest struggle to find rice amid hoarding
Egypt has more rice than it needs but little available for those who need it most. The price the government pays…
Egypt looks to expand food and beverage base at Gulfood
Egypt’s food and beverage industry is looking to expand its worldwide export footprint and leverage growing demand…
Egypt eyes expanding agriculture exports
Egypt’s food and beverage industry plans to expand its worldwide export footprint and leverage the growing demand…
Beltone Financial prepares IPOs in EGX for more than $1.8bn
Beltone Financial is preparing the initial public offerings (IPO) of several companies in the retail and food…
Unilever Mashreq to establish $59mn-food factory in Alexandria in 2016
Unilever Mashreq eyes injecting investments estimated at 460 million Egyptian pounds (US$58.7 million) into…
Egypt’s annual inflation rises to 11.9% in December 2015
Egypt’s annual Consumer Price Index (CPI) surged to 11.9 percent in December 2015, to register 175.4 points, from…
Beans, Koshary save Egyptians from rising prices in 2015
Although the prices of many food items went up this year, macaroni, rice, beans and lentils seem to have been the…
Saudi Food Company to expand in Egypt as population grows
Saudi listed Abdullah Al-Othaim Markets Company said on Wednesday it has approved a SAR 144-million (approximately…