Despite the recent decline in the market value of his stake, Berzi remains one of the richest investors on the Egyptian Exchange.
Egyptian businessman
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The decision to allocate $32.5 million toward capacity expansion follows the group’s successful finalization of a finance agreement with the IFC.
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Berzi, who founded Edita Food Industries in 1996 owns a significant 41.95-percent stake in the leading packaged food manufacturer.
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Juhayna Food Industries is a prominent Egyptian dairy, juice, and cooking product manufacturer led by Safwan Thabet.
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Raya Holding is in the final stages of securing a substantial loan valued at EGP1.1 billion ($35.5 million).
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One of North Africa’s leading businessmen in the consumer goods industry, Safwan Thabet owns a majority 50.07 percent stake in Juhayna Food …
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Berzi owns a significant 41.95-percent stake in the leading packaged food manufacturer through Quantum Invest BV.
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Under Berzi’s leadership, Edita Food Industries experienced a remarkable upswing of 92.8 percent in profits.
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Mahmoud owns a noteworthy 10.13-percent stake in MM Group, presently valued at nearly $15 million.
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Despite the recent slump in the market value of his stake, Berzi remains one of the richest investors on the Egyptian Stock …