Egypt: Latest beverage news & analysis
Egypt has slapped increased tariffs on a range of imports including juices in a bid to boost domestic production and reduce a growing trade deficit.
PepsiCo is to invest US$500m in Egypt this year to expand production in the country, according to reports.
A PepsiCo joint venture in Egypt is to invest EGY2.5bn (US$375m) to capture a bigger share of the country's dairy-based beverage market.
Heineken has suspended beer and soft drinks operations in Egypt due to widespread political protests against the country's president, Hosni Mubarak.
Egyptian juice and dairy group Juhayna Food Industries has seen its net profits more than triple in the first half of the year.
PepsiCo joint venture International Dairy and Juice Limited (IDJ) has acquired Egypt's International Company for Agro-Industrial Projects (Beyti).
Société Nationale d’Industries Nutritives (Sonut) is to raise US$14m to help fund its two-year expansion plan.
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