Latest in Tag: food industries Highlight
Latest in Tag: food industries

Egypt’s food industries contributes 24.5% of GDP
Chamber of Food Industries recommends financing factories to comply with requirements for food safety

Egypt’s food industries sector contributes 24.5% to GDP
It provides the needs of the local market as well as ensuring exports to regional and global markets. The sector’s investments amount to about EGP 500bn, and, in addition to its GDP contributions, provides 23.2% of employment in Egypt.

Concept Exhibitions organises Egyptian pavilion in 5 food industries’ exhibitions
Gulfood opens markets of Gulf, Eastern Europe for Egyptian products: Chairperson

Sector became attractive for investment, leap is expected this year: Chamber of Food Industries
Egypt is main gate into African market

Egyptian-Dutch Company for Food Industries pursues expansion in Eastern Europe, Africa
More attention should be paid to exports to increase foreign currency income

Cold Alex aims to export 13,000 tonnes in 2018
Europe accounts for 40% of company’s exports, followed by Arab, Gulf markets

Administrative Control Authority arrests chairperson of Food Industries, supply minister consultant, among others for EGP 2m bribes
The Administrative Control Authority announced on Tuesday the arrest of the chairperson of Food Industries Holding Company, along with his office manager, the Supply Ministry spokesperson, and consultant, as well as the minister’s political consultant, among others. According to the statement released, they were arrested for accepting over EGP 2m in bribes from major food …

Egypt is key for food industries market: German Bakers Federation
Cutting bread subsidy would be advantage in Egyptian market, says Monginis chairperson

Egyptian-Dutch Company for Food Industries achieves EGP 20m in sales in 2017
The value of the Egyptian-Dutch Company for Packaging and Food Industries’ sales last year reached nearly EGP 20m and the company is seeking to increase the amount this year. “The company is aiming to achieve a relative increase in its sales in 2018, but the volatility of global markets makes it difficult to determine the …

White Land for Food Industries to increase its capacity by 82% by year end
The company injected EGP 22m in 2017 and achieved EGP 153m of sales in H1

Costs of packaging reduce flotation gains in food industries
Prices increase by 14-60%, manufacturers suffer from the market’s randomness

Olive Mall targets to invade Omani market with 100 tonnes of pickles
Olive Mall for Food Industries Company targets to invade Oman’s market during the coming period to increase its exports to the Arab and Gulf markets to 700 tonnes of pickles a year. Alaa Badawi, chairperson of the company, said that Olive Mall is working on increasing the annual production capacity in order to access Oman’s …

LE 1.2bn estimated value of Domty IPO: Sources
Arabian Food Industries Company Domty announced today the offering of up to 122,500,000 existing ordinary shares representing 49% of the company’s outstanding share capital listed on the Egyptian Exchange (EGX) currently owned by the selling shareholders.

Establishment of Food Safety Authority will allow investments in food industries
The Food Safety Authority received several approvals from governments that ruled during the four-year period following the revolution, but to no avail.

Legislative law to be amended to increase Food Industries Company’s capital: Supply minister
Food Industries Holding Company plans to raise EGP 3-4bn capital increase through IPO

Edita’s BOD approves EGP 175m loan
Company registers EGP 81m during Q1 2015