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Egypt: Positive expectations for food industries in 2023, despite inflation, high interest rates

Edita achieved consolidated net profits that exceeded $32mln during the fiscal year ending last December

Marina williamIman mareiMenna shams elArabian food industries domtyArab african international securitiesSyndigate media incInvestor relations at edita food industriesJuhayna food industriesShams el dinInvestor relationsEdita food industriesDaily news egyptSecurities brokerageObour landFood industrieArabian food industries

Positive expectations for food industries in 2023, despite inflation, high interest rates

Edita adopts new pricing policy that maintains profit margins: Shams El Din

Menna shams elIman mareiMarina williamArab african international securitiesInvestor relations at edita food industriesJuhayna food industriesArabian food industries domtyShams el dinInvestor relationsEdita food industriesDaily news egyptSecurities brokerageObour landFood industrieArabian food industries

Bid tabled for 90% stake in Egypt dairy group Domty

Arabian Food Industries (Domty) has confirmed an offer has been submitted for 90% of the Egypt-based dairy business by Expedition Investments.

Saudi arabiaUnited arab emiratesDomty al damatyEgypt financial regulatory authorityArabian food industries domtyArabian food industriesEgypt listed domtyExpedition investmentsFinancial regulatory authorityNews egyptUnited arabFood processingAroma recoveryPowdered cleaning detergentsBeverage manufacturing

Consortium eyeing Egypt s Domty starts due diligence

Egypt-based dairy business Arabian Food Industries (Domty) has received a takeover offer from a consortium of investors.

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