Switzerland’s Lindt & Sprüngli achieved a sales growth in 2023 of 10.3 per cent, the company said …
food and beverage
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Egypt NewsFeatureIndustry & TradeMENA NewsNewsTech/AI
McDonald’s Egypt sales drop by 70% amid boycotts
by Sama Mousaby Sama MousaMcDonald’s Egypt sales dropped by 70 percent amid the ongoing boycott over the company’s support to Israel, …
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Egypt NewsIndustry & TradeNewsTech/AI
Egypt’s Juhayna posts $28.44mln consolidated profits in 9M-23
by Sama Mousaby Sama MousaEgypt’s Juhayna Food Industries posted consolidated net profits of 878.93 million Egyptian pounds in the first nine …
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Industry & TradeMENA NewsNewsTech/AI
Saudi Almarai approves $108mln investment for bakery segment
by Sama Mousaby Sama MousaSaudi Arabia’s Almarai Company said it approved a 405 million riyal ($108 million) investment plan on Tuesday …
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Egypt NewsIndustry & TradeNewsTech/AI
Edita discloses $45mln loan from IFC
by Sama Mousaby Sama MousaEdita Food Industries, one of Egypt’s largest food companies, has signed an agreement with the International Finance …
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The world embraces coffee on International Coffee Day
by Sama Mousaby Sama MousaThe world is celebrating International Coffee Day which is celebrated to appreciate the coffee’s journey from farms …
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EGXEgypt NewsIndustry & TradeMENA NewsNewsTech/AI
Edita Food Industries plans to expand in Saudi Arabia market
by Nada Aliby Nada AliEgypt’s largest snack food producer Edita is considering expansion in Saudi market and it will put the …
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Egypt’s Juhayna Food Industries announced on Wednesday that its net profits rose to 216.9 million Egyptian pounds …
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FeatureIndustry & TradeTech/AI
Nestlé to add 4 production lines in Egypt
by Sama Mousaby Sama MousaNestlé is set to add four production lines to its factories in Egypt by the end of …
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Industry & TradeInternational NewsNewsTech/AI
Coca-Cola raises full years revenue, profit forecasts
by Nada Aliby Nada AliCoca-Cola Company reported on Wednesday that it raised the annual revenue and profit forecasts, betting on higher …