Banks National Bank of Egypt plans $753.3mn finances for medium-sized enterprises Yomna Yasser Dec 12, 2015 0 The National Bank of Egypt (NBE), the country’s biggest state-run bank, is considering pumping 5.9 billion Egyptian…
Industry & Trade Egyptian food producer Faragalla to become a multinational company Noha Gad Dec 10, 2015 0 Egyptian food producer Faragalla Food Industries Group is currently studying a number of procedures to become a…
Egypt News Egypt: Food and beverage are exempted from value-added tax Yomna Yasser Dec 7, 2015 0 Food and beverage are exempted from Egypt’s planned value-added tax, according to a statement released by the…
World Food stocks on the menu for Thanksgiving week Noha Gad Nov 21, 2015 0 There are no picky eaters on Thanksgiving - as long as the menu is hormone and antibiotic free, locally grown and…
Industry & Trade Foodmaker Edita attains $202mn sales in September 2015 Noha Gad Nov 12, 2015 0 Egyptian foodmaker, Edita has obtained nine-month sales estimated at 1.579 billion Egyptian pounds (US$201.6…
Banks Egypt’s National Bank approves lending food maker Edita $12.7mn aya salah Nov 11, 2015 0 The National Bank of Egypt has approved to provide a credit facility worth 100 million Egyptian pounds (US$12.7…
Industry & Trade Japan may exempt food, drinks from sales tax hike – sources Noha Gad Sep 5, 2015 0 Japan may exempt some food and beverages from a planned increase in the sales tax, government sources said. Prime…
Industry & Trade Egypt’s Edita Q2 net profit steady at 66.96 mln Egyptian pounds aya salah Aug 13, 2015 0 Aug 13 Egypt's Edita Food Industries reported a second-quarter net profit of 66.96 million Egyptian pounds ($8.56…
International News Obama concludes Momentous Five-day Visit to Africa aya salah Jul 30, 2015 0 US President Barack Obama concluded a historic visit to Africa on Tuesday, flying out of Addis Ababa shortly after…
Egypt News Food more affordable, accessible in most countries; biggest gains in Egypt, Myanmar: TRFN aya salah May 21, 2015 0 Food has become more affordable and accessible in most countries over the past year due to investment in…