Export manager of Arab Dairy Company (Panda), Sherif Abdel Moneim, said the company plans to increase its exports to reach $40mby the end of this year, compared to $35m in 2016. Panda is targeting a 14% growth in its exports by the end of 2017, in addition to expanding in the Asian market and exporting products to new markets. Abdel Moneim added that the company plans to increase its exports by 20% by the end of next year, which would represent 60% of production compared to only 40% currently. Panda exports its products to 15 markets in the Middle East and Africa. Panda was established as an Egyptian joint stock company in 1985 to produce white cheese.

Source: Daily News Egypt October 03, 2017 07:30 UTC