Dairy

Pic: Baladna

Baladna acquires stake in Egypt’s Juhayna Food Industries

By Jim Cornall

Baladna, a Qatar Public Shareholding Company, has acquired a 5% stake in the Egyptian company Juhayna Food Industries Company, which is listed on the Egyptian Stock Exchange, through several purchases of shares from the market.

Pic: Fonterra

Fonterra reports interim results

By Jim Cornall

Fonterra Co-operative Group Limited has announced its 2022 interim results, which show the coop has delivered a half year profit after tax of NZ$364m (US$249m), a total group normalized EBIT of NZ$607m (US$416m), which is a drop of 11%, and a decision...

Al Rawabi will initially develop two square kilometers in KIZAD with an additional three square kilometers set aside for the future.  Pic: WAM/The Emirates News Agency

Al Rawabi to set up $177m dairy production facility in KIZAD

By Jim Cornall

KIZAD, part of AD Ports Group’s Economic Cities & Free Zones (EC&FZ) cluster, has announced the signing of a lease agreement with UAE dairy and juice producer Al Rawabi to establish a dairy production facility in Abu Dhabi designed to meet growing...