Baladna, a Qatar Public Shareholding Company, has acquired a 5% stake in the Egyptian company Juhayna Food Industries Company, which is listed on the Egyptian Stock Exchange, through several purchases of shares from the market.
Huhtamaki has entered into an agreement to acquire Elif Holding A.Ş. (Elif), a supplier of sustainable flexible packaging to global FMCG brand owners, with operations in Turkey and in Egypt.
FrieslandCampina International Holding B.V. and the Arabian Food industries Company (Domty) have signed a joint venture agreement to focus on the export of cheese to Africa and the Middle East.
Ageing usually improves the flavor of cheese, but that's not why some very old cheese discovered in an Egyptian tomb last year is drawing attention. Instead, it's thought to be the most ancient solid cheese ever found, having now been dated...
The European Bank for Reconstruction and Development (EBRD) is providing a $7m loan to support the expansion plan of Egyptian dairy company Obour Land.
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.
