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Administrative Control Authority arrests chairperson of Food Industries, supply minister consultant, among others for EGP 2m bribes

The Administrative Control Authority announced on Tuesday the arrest of the chairperson of Food Industries Holding Company, along with his office manager, the Supply Ministry spokesperson, and consultant, as well as the minister’s political consultant, among others. According to the statement released, they were arrested for accepting over EGP 2m in bribes from major food …

Daily News Egypt

Olive Mall targets to invade Omani market with 100 tonnes of pickles

Olive Mall for Food Industries Company targets to invade Oman’s market during the coming period to increase its exports to the Arab and Gulf markets to 700 tonnes of pickles a year. Alaa Badawi, chairperson of the company, said that Olive Mall is working on increasing the annual production capacity in order to access Oman’s …

Selim Hassan

LE 1.2bn estimated value of Domty IPO: Sources

Arabian Food Industries Company Domty announced today the offering of up to 122,500,000 existing ordinary shares representing 49% of the company’s outstanding share capital listed on the Egyptian Exchange (EGX) currently owned by the selling shareholders.

Mohamed Ahmed

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