Egypt in talks with Italian Intesa Sanpaolo to fully acquire Alexbank

Sun, 24 Sep 2023 - 12:00 GMT

This comes in the framework of Intesa Sanpaolo's plan to boost their investments in Egypt and expand in financing small and medium projects (SMEs).

Edita Food Industries acquires 100% of Fancy Foods

Tue, 30 May 2023 - 04:38 GMT

Edita will enter the frozen bakery segment in Egypt and plans to invest EGP 400 million to expand its business over the coming year.