Thabet’s Juhayna stake hits $310 million despite devaluation of the Egyptian Pound
SafwanThabet, a top figure in North Africa's consumer goods sector, owns a 50.07 percent stake in Juhayna through Pharon Investments Limited.
SafwanThabet, a top figure in North Africa's consumer goods sector, owns a 50.07 percent stake in Juhayna through Pharon Investments Limited.
This renews a previous working capital financing arrangement signed in November 2023.
Juhayna Food Industries, a household name in Egyptian dairy, juice, and cooking products, has recently surpassed investor expectations with an extraordinary surge in profits.
Juhayna’s exceptional financial results for 2023 highlight its resilience in navigating the dynamic landscape of the fast-moving consumer goods industry in North Africa.
Established nearly four decades ago by Thabet, Juhayna has become a significant player in the region’s consumer goods industry.
Juhayna Food Industries is a prominent Egyptian dairy, juice, and cooking product manufacturer led by Safwan Thabet.
One of North Africa’s leading businessmen in the consumer goods industry, Safwan Thabet owns a majority 50.07 percent stake in Juhayna Food Industries.
Thabet owns a majority 50.07-percent stake in Juhayna Food Industries through Pharon Investments.
Thabet, a leading Egyptian businessman who founded Juhayna over three decades ago, owns a majority 50.07-percent stake in the company.
Qatari dairy producer Baladna now owns 15-percent of Juhayna Food Industries, which is controlled by Thabet.
Juhayna Food Industries is majority-owned by renowned Egyptian businessman Safwan Thabet.
habet is a well-known Egyptian businessman who founded and led Juhayna Food Industries.
Thabet is a well-known Egyptian businessman who founded and previously led Juhayna Food Industries.
Safwan Thabet owns a majority 50.07-percent stake in Juhayna Food Industries.
Thabet owns 50.07 percent of the Egyptian-based consumer goods producer.