Company invests EGP 400m to establish a mill and two factories, says Abd El-Hakam
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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 3.5bn. He told Daily News Egypt that the sales volume reaches about EGP 1.4bn, up …
Acquisition is second made by US giant in Egypt this year
Approval comes after New York stock market-listed firm Kellogg recently acquired 85.93% stakes in Bisco Misr
We love food. We love the real, down to earth, tried-and-tested, handed-down-through-the-generations, local Egyptian food. Here is your chance to learn how to make these local delicacies in your own home. And just so you know what to ask for, we have added how to say the ingredients in Arabic. No more excuses, off to the souq!