Egypt
Finance
Egyptian diversified food major Ajwa Food Industries is to launch a EGP999mn (US$182.41mn) rights issue by the end of March 2010 as it prepares to embark on a major wave of expansion....
2010-03-10Companies
US agricultural giant Cargill is requesting permission to construct a EGP600mn (US$109.71mn) sugar refinery plant in Egypt according to al-Borsa. The plant is expected to come onstream...
2010-02-03Companies
Austrian company Agrana is set to strengthen its position in the Middle East with the construction of a plant in Egypt - the region's most populous market. Despite being a leading...
2010-02-02Companies
HJ Heinz Company has taken full control of its Egyptian subsidiary Cairo Food Industries (CFI) after acquiring the outstanding 49% stake from its joint venture partner Americana Group...
2009-12-22Companies
Diversified Saudi Arabian conglomerate Savola has decided against investing in Turkey after withdrawing bids for six sugar mills put up for sale by the government. Deeming the projects...
2009-12-21Industry
Fully committed to arguably the Middle East's most promising fast-moving consumer goods market, soft drinks behemoth PepsiCo has announced that it will invest US$100mn in Egypt in...
2009-11-23Industry
Having spent big in 2009, the ambitious Saudi dairy giant Almarai is showing little sign of letting up. According to a report in the Al Madina newspaper that quotes Almarai executive...
2009-11-17Companies
German wholesale giant Metro Group has announced plans to launch 12 outlets in Egypt by 2012 under its Makro banner in a groundbreaking move that is likely to spur on the transition...
2009-10-27
