Upper Egypt Mills’ results mirror broader patterns across Egypt’s milling landscape rather than isolated corporate weaknesses.
The impressive profit growth reflects sustained demand and recovery in the Egyptian snack market.
The group has already invested over US$50 million in 2025 and plans to inject another US$50 million in 2026 to expand and modernize existing production lines.
The company will be jointly owned by Samcrete Egypt, a leading domestic construction and industrial firm, and Feerum S.A., a Polish manufacturer specializing in grain storage and drying systems
Once completed, Egypt’s total grain reserves will exceed 6 million tons, marking a major step toward stabilizing its supply chain for key staples.