Egypt: Arla Foods and Juhayna form joint venture
Arla Foods and Egypt’s leading dairy firm Juhayna Food Industries have agreed to form a joint venture to sell Arla’s products across Egypt, Arla has announced. Juhayna is a major producer of UHT milk, yoghurt and juice but has a “very limited production” of butter, cheese and cream, Arla said in a statement. Arla has […]
Egypt: Juhayna targets expansion
Dairy manufacturer Juhayna Food Industries is set to receive a loan to finance production expansion. Juhayna, one of the largest dairy and juice manufacturers in Egypt, has secured a $73 million (500 million Egyptian pounds) loan from the European Bank for Reconstruction and Development (EBRD). The company is set to use the loan to finance […]