Egyptian tycoon Safwan Thabet receives $8.75 million in dividends from Juhayna
Thabet owns a majority 50.07-percent stake in the Egypt-based food products manufacturer.
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Thabet owns a majority 50.07-percent stake in the Egypt-based food products manufacturer.
Thabet owns a majority 50.07-percent stake in the group.
The dividend will be paid from Juhayna’s retained earnings of $65.48 million.
Thabet owns a majority stake in the company, worth $194.7 million.
Juhayna Food Industries is a market leader in the production, processing and packaging of dairy, juice and culinary goods.