Saudi mega dairy firm to invest EGP4bn in Egypt

GMT 01:56 2015 Sunday ,15 March

Arab Today, arab today Saudi mega dairy firm to invest EGP4bn in Egypt

Beyti CEO Mohamed Badran
Sharm el-Sheikh - MENA

The International Company for Agricultural Industrialization Projects (Beyti), a subsidy of the Saudi Arabia-based dairy firm Almarai announced it will invest EGP 4 billion in the Egyptian market.
The company will build a juice factory over an area of 70,000 square meters in Behira governorate north of Cairo, Beyti CEO Mohamed Badran said on Saturday at the Egypt Economic Development Conference.
The three-day international economic conference is currently held in Sharm el Sheikh and attended by hundreds of business executives and world leaders.


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