Arab Finance: The board of directors of Ajwa for Food Industries Egypt has approved participation in the establishment of Ghezaa Future Food Industries, with Ajwa having a 10% stake in its total capital, as per a disclosure.
Separately, Ajwa for Food Industries Egypt reported standalone net profits of EGP 2.798 million for 2025, down 64.32% year on year (YoY) from EGP 7.843 million recorded in 2024.
Operating revenues rose to EGP 452.757 million last year, from EGP 304.131 million in 2024.
Established in 1985, Ajwa for Food Industries-Egypt is an affiliate of a Saudi Arabia-based company, Ajwa Group for Food Industries Holding Company. The company is engaged in the food processing industry and specializes in the manufacturing, refining, packing, and exporting of edible oils and ghee. It also produces shortening, margarine, butter, and bulk oils. In addition, it produces fatty acids and stearin.