Arab Finance: Qatari agricultural company Baladna has raised its stake in Juhayna Food Industries to 15.03%, according to a disclosure to the Qatar Stock Exchange (QSE).
This came Baladna purchased additional 600,000 shares in the Egyptian company for around EGP 7.379 million.
Founded in 1983, Juhayna is a leading company listed on the Egyptian Exchange (EGX) that is specialized in the production, processing, and packaging of dairy, juice, and cooking products.