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Tuesday, 8 November 2016

Juhayna to receive EGP 185 mn from EBRD “soon”

Juhayna Food Industries are set to receive the last tranche of an EBRD loan valued at EGP 185 mn in the coming period, Al Borsa reported. Juhayna had previously received EGP 315 mn from EBRD used to upgrade dairy, juice, and other operations. The last tranche will likely be used to increase production, sources at the company said. The EBRD had agreed to provide Juhayna with up to a EGP 945 mn seven-year loan in November 2013.

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