Last Update 15:3
Tuesday, 22 October 2019

Egypt's ArJu Food Industries targets $91mn in revenues in first year

The joint Danish-Egyptian venture is set to help Juhayna expand sales of its daily products across the region

Ahram Online , Wednesday 8 Jul 2015
Juhayna was founded in 1983
Views: 4668
Views: 4668

Egypt’s ArJu Food Industries, a joint venture between Danish Arla Foods and the Cairo-based Juhayna Food Industries, targets $90.9 million in revenues in its first year of operations.

Following the finalisation of the joint venture agreement between the two sides on Wednesday, the CEO of Juhayna, Safwan Thabet, said Arju will launch with a capital of $25.5 million, reported Reuters Arabic Service.

Juhayna, one of the largest producers of dairy products in Egypt, has said the deal aims at increasing its sales in regional markets.

The former Chief Executive of Egypt’s leading investment bank AG Hermes, Yasser El-Mallawany, will head the new venture.

Short link:


Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.

© 2010 Ahram Online.