El Borg Establishment for Food Industries (Dream) realised sales growth in 2016 amounting to 10%, but the products channelled to tourism facilities showed less results, due to the suffering of the tourism sector in Egypt. General manager of the (...)
Tiba For Starch & Glucose decided to resume the construction of a new starch production line with investments valued at EGP 35m.
Company chairperson Hesham El Ghorory said that constructions were suspended for some time but will resume soon, since (...)
The Arabian Food Industries Company (Domty) plans to run a production line of bakery turkey cheese in the second half of this year.
Domty vice chairperson and deputy managing director Mohamed El Damaty said that the bakery production line is at the (...)
The managing director of Ayadi for Industrial Development, Moataz Baha El-Din, told Daily News Egypt in an interview about the future plans of the company and its new projects during 2017. Investing EGP 750m to develop 307 feddans in El-Qantara is (...)
The government backtracked on its decision to reduce the price of gas supplied to steel factories from $7 per one million British Thermal Units to $4.5, which was announced in March, due to the high real cost of fuel caused by the average price of (...)
Tiba Starch and Glucose Manufacturing is planning on investing EGP32m to establish a new line for rice to starch production.
Company chairperson Hesham El Ghorory said that the plan to establish the line depends on a clear understanding of which (...)
Arabian Food Industries Company (Domty) aims to realise a 20% growth in sales by the end of this year. The company has already achieved a 33% growth in sales over the third quarter of 2016 year-on-year.
Chairperson of the company, Mohamed El Damaty, (...)
Mondelez Egypt Foods reached sales worth $1.4bn during the first nine months of 2016.
The company's regional director for Egypt and North Africa, Bilal Sharbatly, said that Mondelez acquired more than 40% of the market volume, which amounts to EGP (...)
Halwani Brothers targets to grow its exports by 20-30% by the end of 2016, compared to last year's ratio.
Mohamed Adel, the exports director at Halwani Brothers, said that the size of exports is expected to reach EGP 150 by the end of 2016, through (...)
The flat glass industry in Egypt is in danger due to rising costs, the foreign currency shortage, and the lack of some production inputs, according to Mohamed Khattab, executive manager and managing director at Sphinx Glass Ltd, and member of the (...)
Daily News Egypt conducted an interview with Mohamed Elswedy, head of the Federation of Egyptian Industries (FEI) and the parliament's Industry Commission. He said that his committee has agreed with Minister of Finance Amr El-Garhy to pass the (...)