Almarai

Beyti is 52% owned by Saudia Arabian dairy firm Almarai Company, and 48% by PepsiCo Inc. Pic: ©Getty Images/MidoSemsem

EBRD supports Egypt’s Beyti with $44m loan

By Jim Cornall

The European Bank for Reconstruction and Development (EBRD) is providing Egyptian dairy and juice producer, the International Company for Agricultural Industries Projects, S.A.E (Beyti), with a $44m loan.

Spotlight

The infant formula market is expected to be worth around $32bn by 2023. Pic: ©Getty Images/magone Melamine 10 years on: Foreign and ‘foreign’ firms vie for position "We will always strongly advocate for dairy as the superior consumer choice." Pic: ©GettyImages/Edalin NMPF writes letter of support to Chobani in plant-based debate The survey is open until April 23. GCA keen for dairy suppliers to participate in annual survey "The production of biodiesel could undergo incredible growth, which could, in turn, cause uncertainties in the butter industry." Pic: ©GettyImages/Twoellis As GHG emissions go down, butter prices could go up SIG to launch on-the-go paper straws on some of its portion-size packs. Photo: SIG. SIG partners with Nestlé to launch on-the-go portion packs with built in paper straws

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