Financials & Economy

Container traffic remained steady, with more than 51,000 TEUs processed, while the ports also facilitated the arrival of 118 vessels.

The US$113 million increase made the EU the second-largest destination group, accounting for around 22% of total Egyptian food exports.

Company plans to open about 60 additional outlets in FY27 to support long term growth.

Strong demand for lager beer, sorghum beer and spirits helped drive revenue growth despite higher input costs and sugar tax pressures.

The ingredients manufacturer reported strong growth in fragrances and food ingredients while confirming plans to cut around 1,000 jobs worldwide.