Arabian Food Industries Company (Domty) aims to realise a 20% growth in sales by the end of this year. Chairperson of the company, Mohamed El Damaty, said in an interview with Al-Borsa, that Domty opened its new juice factory in 6th of October City. The company dominates 40% of the cheese market in Egypt, as well as 7% of the local juice market. Meanwhile, he noted that listing the company on the EGX helped increase capital, develop a distribution scheme, construction, introduce new products, and increase production capacity. He pointed out that the juice factory began production on Thursday, which would increase production capacity by 40%.

Source: Daily News Egypt October 18, 2016 06:00 UTC