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Egypt's Juhayna Food Industries will cut investment in 2017 due to consumers' low purchasing power and raise prices by 5-10 percent this year
كتب: Ehab Farouk
Thursday 16-02-2017 02:14 PMThe price of over a third of food items in Egypt have doubled over the past year but dried beans, lentils, rice and macaroni, which often make up the diet of disadvantaged Egyptians, have remained stable.
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Wednesday 23-12-2015 10:44 PMFood prices have jumped up in September to make the biggest monthly increase in five years, EFG Hermes Holdings said in a research paper on Thursday.
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Thursday 08-10-2015 11:09 PMAmerica's Kellogg Company, the leading cereal company in the world, acquired Egypt's largest cereal producer Mass Food Group in a deal worth approximately $50 million, Kellogg said on Monday.
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Monday 28-09-2015 04:30 PMEgypt's Qalaa Holdings has hired investment bank EFG Hermes to advise it on the possible sale of its food businesses, a deal the conglomerate said would help it return to profit this year instead of 2016.
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Wednesday 18-02-2015 09:19 AM