EGYPT – The Egyptian United Oil Processing and Packaging company has inked a memorandum of understanding (MoU) with Russian vegetable oil and mayonnaise producer EFKO Group to establish a joint venture for production of vegetable […]
EGYPT – Angel Yeast, the Chinese company specilaising in yeast and biotech has opened the first-of-its-kind yeast extract factory in Beni Suef, Egypt to enable the company meet the surging demand in Middle East. The […]
EGYPT – The Jordan based Al-Hazaa Investment Group has added a second flour mill in Egypt, Al-Tajj mill 2 located at the same industrial area as its Al-Tajj mill 1 at 6th October City, a […]
EGYPT – Saudi Arabia’s Agricultural and Livestock Investment Company (SALIC), a Saudi joint stock company owned by the Public Investment Fund of the Kingdom of Saudi Arabia is looking to acquire a grain terminal in […]
EGYPT — Egypt, the world’s largest buyer of wheat, has built up enough grain reserves to accommodate consumption needs until February 2020, according to the country’s Supply Ministry. The news comes just a few days […]
SAUDI ARABIA – Almaria, the Gulf’s leading dairy company based in Saudi Arabia, has secured US$100 million funding from the European Bank for Reconstruction and Development (EBRD) to boost operations of its subsidiaries. Almaria intends […]
SOUTH AFRICA – Huhtamaki, a global food and drinks packaging firm based in Finland is set to acquire a majority stake of 70% in South Africa-based flexible packaging manufacturer, Everest Flexibles for approximately €58 million […]
EGYPT – According the Global Agricultural Information Network report from the U.S. Department of Agriculture (USDA), consumption of wheat and corn in Egypt is forecast to increase in 2019-2020 due to population growth and increase […]
EGYPT – Dina Farms, Egypt’s largest private sector farm has announced a US$24.4 (EGP400 million) investment in its dairy farm and associated segments over the next three years to expand its production capacity. The investment […]
EGYPT – Huhtamaki’s new flexible packaging unit in Egypt has received the highest rating of AA in a British Retail Consortium (BRC) audit earlier this month. The classification “AA” was introduced by the BRC as […]
