Qatari dairy company acquires 15-percent stake in Egyptian tycoon Safwan Thabet’s Juhayna
Qatari dairy producer Baladna now owns 15-percent of Juhayna Food Industries, which is controlled by Thabet.
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Qatari dairy producer Baladna now owns 15-percent of Juhayna Food Industries, which is controlled by Thabet.
habet is a well-known Egyptian businessman who founded and led Juhayna Food Industries.
Thabet is a well-known Egyptian businessman who founded and previously led Juhayna Food Industries.
Safwan Thabet owns a majority 50.07-percent stake in Juhayna Food Industries.
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.