Egypt

Obour Land produces white cheese, spreadable cheese, UHT packaged milk and juice.

news in brief

EBRD $7m loan for Egyptian dairy company

By Jim Cornall

The European Bank for Reconstruction and Development (EBRD) is providing a $7m loan to support the expansion plan of Egyptian dairy company Obour Land.

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.