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European Bank for Reconstruction and Development to boost Egyptian and Jordanian dairy sectors
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European Bank for Reconstruction and Development to boost Egyptian and Jordanian dairy sectors

20 February 2020
The European Bank for Reconstruction and Development (EBRD) is lending up to US$ 100 million to food and beverages producer Almarai for new investments in Egypt and Jordan. The Saudi company operates in Egypt and Jordan through its respective subsidiaries Beyti and Teeba. In Egypt, the loan will allow Beyti to fund additional dairy and juice production capacity to address increasing demand for its products, and associated growing working…

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