Jeni John

Navi Mumbai

Schwerpunkte: Confectionary

Confectionary news

Egypt shows promise as regional hub

Egypt’s strategic location has seen the country become an important link for fresh produce between the Mediterranean and the crisis-hit Gulf.

The new financing will support Breadfast’s expansion across Egypt, enhance its operational capacity, and strengthen its balance sheet.

Barry Callebaut, a leading global company in the chocolate and cocoa sector, operates 66 factories around the world.

Egypt has increased the fixed price of subsidized bread from 0.05 Egyptian pounds ($0.0010) a loaf to 0.20 Egyptian pounds ($0.0042).

The Ministry directed a study to determine production costs based on factors including bread type, fuel type, and the sector to which bakery belongs.

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