Egyptian tycoon Hassan Allam’s group expands agri-portfolio with Jinet Agriculture
As part of this move, Jinet Agriculture has acquired 14,100 feddans in West Minya from the Egyptian Countryside Development Company.
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As part of this move, Jinet Agriculture has acquired 14,100 feddans in West Minya from the Egyptian Countryside Development Company.
Wary investors have been pulling back from the company as part of a broader shift on the EGX, increasing selling pressure on Edita Food’s stock.
As part of the agreement, Korra Energy will lead the construction of a showroom in Tajed, a key component of Taj City’s broader mixed-use development.
Its strong presence across the Middle East and Africa has cemented its status as one of the country’s leading industrial players.
This move is seen as a critical step to accelerate Raya's growth trajectory and enhance its operational capabilities.
This renews a previous working capital financing arrangement signed in November 2023.