Tag: Featured

Trading Partners for Food Industries targets 50% increased production – Daily News Egypt

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Trading Partners for Food Industries intends to establish its first factory in two years to turn to self-production instead of relying on other factories, aiming to benefit from the increasing demand in the European market. Chairperson of the company, Mohamed El-Nashar, said that the work is underway on the factory,...

Egyptian star Mohamed Salah chooses between Real Madrid, Barcelona – Daily News Egypt

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A Spanish newspaper revealed that international player, Mohamed Salah, has been granted the greenlight from Liverpool to move to one of the Spanish league’s giants Real Madrid or Barcelona, provided he receives €160m in the next winter transfer window. The newspaper said that Salah has informed Liverpool’s management of his...

Egypt achieves historical results in Buenos Aires Summer Youth Olympic Games – Daily News Egypt

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The 2018 Summer Youth Olympic Games, held in Buenos Aires, Argentina, will conclude on Thursday, with Egypt adding nine more medals to its shelves following Rawan Ayman’s silver. Egypt will have a chance to win more Olympic medals, when the national Futsal team meets Argentina on Wednesday competing for the...

Raya Food Industries raises production capacity to 32,000 tonnes by end of 2018 – Daily News Egypt

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Raya Food Industries company is planning to increase its production capacity to 32,000 tonnes by the end of this year, compared to 12,000 tonnes last year, after adding new production lines. Omar Abdelaziz, head of the Commercial Sector for Business Development in Raya, said that the sector of food industries...

Exports reached $1.88bn in 8 months, says food export council – Daily News Egypt

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Exports of food industries during the first eight months of this year reached about $1.88bn, 53% of which went to Arab countries. Manar Nasr, CEO of the Food Export Council, said that the council regularly identifies the most important target markets, which will increase the exports of the sector, and...

Pulido Company for Food Industries expands in Africa, Arab countries – Daily News Egypt

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Pulido Company for Food Industries is currently seeking to expand in nine markets in order to increase its exports, hoping that it would export to new countries over the upcoming years. Osama Selim, the chairperson of the company, said that his company is targeting regions in Africa over the upcoming...

Badr El-Deen Food Industries aims to allocate half its production for global markets next year – Daily News Egypt

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Badr El-Deen Food Industries aims to export half of its production to global markets over the upcoming years, compared to 35% expected to be exported by the end of this year. Sobhy Ashoush, the chairperson of the company, said that the company has resorted to exporting following the crises that...

Al Nada for Food Industries aims to enter East African, Arab Gulf markets – Daily News Egypt

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Al Nada for Food Industries targets to enter the East African and Arab Gulf markets in the coming period to compensate its exports’ 40% decline this year. The company expected that its exports will fall to EGP 30m this year, down from EGP 50m last year, affected by the recent...

MRM Group achieves $2.9m of exports in first nine months of 2018 – Daily News Egypt

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MRM Group for Agricultural Crops achieved exports of $2.9m in the first nine months of this year, and plans to reach $4.1m at the end of December, an increase of 15% compared to last year, when it reached $3.5m, according to the company’s chairperson Mahmoud Al-Walily. Al-Walily said that the...

Abu Auf eyes EGP 420m of sales in 2018 – Daily News Egypt

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Samo Trading and Distribution Company (Abu Auf) aims to increase its sales to EGP 420m this year, up from EGP 365m last year, an increase of 15%. The company’s General Manager, Ahmed Auf, said that they aim to develop their sales locally and abroad, especially in the date industry. He...